I am working as an accounts assistant in UK and I record transactions for the company including interest but not the actual contracts. Is it Haram and the money that I get? Please be clear... More
My friend recommend to me a financial policy. It works like this. For 2 years every month I pay $70. The amount will be for two years $1680. After 2 years onwards every year I will receive $1000 for another 25 years, at the same time I will be paying $70 monthly. At the end of 25 years if death occurs my family will get $10,000. Is this policy.. More
We formed a 25-member trust, by accumulating Qr. 100 per month. We are giving loan for members without interest/profit. This was the basic theme of our trust (a self-helping trust for the members). Now we have excess fund and we started to do business. For example, if a person needs a computer we will buy it for them. The cost of computer Qr.2,.. More
I am a Muslim. I heard an Egyptian Mufti that we can sell forbidden things to non-Muslims if we live in a non-Muslim country (like pork). It is said that Ibn Taymiyah allowed Muslims to make and sell alcohol to the Tartars when they controlled Muslim countries. Please advise me about this matter. .. More
In India there is an investment scheme from the government called 'Kisan Vikas Patra' which means 'Farmer's Development Scheme'. In this government scheme the citizens can invest money for a fixed period and this money is used for the development of the farmers by the government. In return the depositor's money is doubled in seven years. Is.. More
A friend purchased a computer about 2 years ago. The computer had been stolen. He does not know the person who owned the computer.
My friend has changed his life now and has repented for this major sin that he has committed.
Here are the details of how he went about purchasing the computer.
He used totally Halaal money to purchase the computer... More
I would be pleased if someone can answer the following question. My deceased father left behind three sons, three daughters, a wife and her mother (my grandmother). He bought a piece of land in 1960 for about 600, 000 FRF, today this piece of land has appreciated to almost 25,000,000 FRF. We (my brothers and I) want to develop this land but would like.. More
I am a student in United Stated and am about to start medical school next semester, Insha Allah. I applied to many schools and was accepted by a private medical college. The medical school costs around $40,000 a year. My family and I cannot afford to pay this large sum every year for four years. To pay my tuition I have two options:
1) Take.. More
My contention is not with what is written.
If I borrow a tangible item from someone such as a quantity of food, or an article of clothing that I wear out then I must pay back what is borrowed.
Money is an abstract representation of such articles representing an amount of goods for the convenience of trade as a replacement to a barter system... More
I am writing to find a religious answer for a Muslim woman married to American Muslim. He has a liquor store. When he became Muslim the Sheikh said it is ok for him to get his money back from this store because he had nothing else. As soon as he sells all the liquor he can start a different business. Now he has been a Muslim for two years and.. More
Cheating is a big sin. What are the punishments for cheating in Islam according to Qur’an and Ahadith? Will this punishment be here or in Hereafter?.. More