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Category:

Investments and Contracts

  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceMisc. Fiqh

    Working as an IT Manager in a Company Whose Core Business is Haram

    by Mufti Faisal September 29, 2025
    by Mufti Faisal September 29, 2025 5 minutes read

    I seek guidance on the permissibility of my employment. I recently joined First Canadian Title …

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  • Banking and InterestIncomeInvestments and ContractsIslamic Finance

    Receiving Shares from a Bank as Gift

    by Mufti Faisal April 23, 2025
    by Mufti Faisal April 23, 2025 8 minutes read

    A person is awarded some bank shares as a gift by his employer. Should this …

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  • Banking and InterestFiqhIncomeInvestments and ContractsIslamic FinanceMisc. Do's and Dont's

    Affiliate Marketing

    by Mufti Faisal February 3, 2025
    by Mufti Faisal February 3, 2025 3 minutes read

    Affiliate marketing is an arrangement between a merchant and an “affiliate” in which the affiliate …

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  • Investments and ContractsMisc. FiqhPermissible and ImpermissibleSocial Issues

    Financial Liability on Borrowed Items

    by Mufti Faisal November 28, 2024
    by Mufti Faisal November 28, 2024 5 minutes read

    Question: Asalamu Alykum wa Rahmatullah Ismail borrowed a coat from Abdullah. Ismail put it in …

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  • FiqhFood and DrinkIncomeInvestments and ContractsMisc. Do's and Dont'sPermissible and ImpermissibleSadaqah

    Buying a convenience store with sales consisting of Haram/Makruh items

    by Mufti Faisal September 12, 2024
    by Mufti Faisal September 12, 2024 7 minutes read

    Question: A friend wants to buy a running business which is a convenience store. 60% …

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  • IncomeInvestments and ContractsIslamic FinanceMisc. Do's and Dont'sPermissible and Impermissible

    Raffles: Is SmartBox (UAE) Ḥalāl?

    by Mufti Faisal January 25, 2024
    by Mufti Faisal January 25, 2024 4 minutes read

    Question: A shopping voucher sold by them. Is this Halal to use? This is the …

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  • Banking and InterestInvestments and ContractsPermissible and Impermissible

    Car Financing through this arrangement with the dealer

    by Mufti Faisal October 3, 2023
    by Mufti Faisal October 3, 2023 3 minutes read

    Question: My friend has redacted some information about the customer, vehicle and dealership details due …

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  • FiqhInvestments and ContractsIslamic Finance

    Taking out an interest-bearing saving account

    by Mufti Faisal September 1, 2023
    by Mufti Faisal September 1, 2023 2 minutes read

    Question: Brother is storing your money in a bank which does interest, however, I do …

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  • FiqhFiqh SciencesIncomeInvestments and ContractsMisc. FiqhSadaqahWorshipZakatul Fitr

    Discharging Zakāt for a Wife Without a Specific Intention

    by Mufti Faisal August 29, 2023
    by Mufti Faisal August 29, 2023 9 minutes read

    Question: I pay Zakaat for my self and my wife. Every month I take a …

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  • Banking and InterestIncomeInvestments and ContractsIslamic Finance

    Permissibility of HSBC Islamic Global Equity Index Fund

    by Mufti Faisal August 1, 2023
    by Mufti Faisal August 1, 2023 1 minutes read

    Question: I was planning for investment, one agent from Singapore recommended this plan HSBC Islamic …

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  • Banking and InterestInvestments and ContractsIslamic FinanceMisc. FiqhZakatul Fitr

    Zakat on Plots or Land being purchased from a Colony Scheme

    by Mufti Faisal June 6, 2023
    by Mufti Faisal June 6, 2023 16 minutes read

    Question: 1. Someone buys a piece of land on instalments and is paying for it …

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  • Investments and ContractsIslamic FinanceMisc. Do's and Dont'sPermissible and Impermissible

    Buying a leased car at the end of lease

    by Mufti Faisal March 13, 2023
    by Mufti Faisal March 13, 2023 3 minutes read

    Question: I have a leased car for which the duration was 36 months. That duration …

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  • Banking and InterestFiqhIncomeInvestments and ContractsIslamic FinanceMisc. FiqhPermissible and Impermissible

    Student Accepting Government Money Without Needing It

    by Mufti Faisal February 15, 2023
    by Mufti Faisal February 15, 2023 2 minutes read

    Question: I am an engineering student in Québec, Canada and the government gives 2500$ to …

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  • FiqhFiqh SciencesIncomeInvestments and ContractsIslamic Finance

    Loan with interest to start my project

    by Mufti Faisal January 23, 2023
    by Mufti Faisal January 23, 2023 3 minutes read

    Question: al-salāmu ‘alaykum, I need money to finance a small business (a halal bakery). I …

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  • Banking and InterestInvestments and ContractsIslamic Finance

    Home Mortgage Situation in Canada and Islamic Finance Companies

    by Mufti Faisal January 18, 2023
    by Mufti Faisal January 18, 2023 2 minutes read

    Question: Assalamualikum I am a new immigrant to Canada and settling in with my family. …

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  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceMisc. FiqhPermissible and Impermissible

    Mortgage Purchase in this specific situation

    by Mufti Faisal December 29, 2022
    by Mufti Faisal December 29, 2022 6 minutes read

    Question: I bought a house in Chateauguay in 2019. I was single and living alone …

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  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceOther SocialPermissible and Impermissible

    Student Loans through FAFSA (Free Application for Federal Student Aid)

    by Mufti Faisal December 28, 2022
    by Mufti Faisal December 28, 2022 4 minutes read

    Question: I am interested in counting my education in USA. I am a mother of …

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  • IncomeInvestments and ContractsSadaqahZakatul Fitr

    Informing the recipient about Zakat

    by Mufti Faisal December 26, 2022
    by Mufti Faisal December 26, 2022 4 minutes read

    Question: “Should I hide from Zakat recipients that I am paying them zakat money OR …

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  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceMisc. Fiqh

    Job in a Software Company Whose Main Clients are Banks

    by Mufti Faisal October 18, 2022
    by Mufti Faisal October 18, 2022 8 minutes read

    Sep-29, 2025: IMP: An update to the criteria mentioned in this question has been posted …

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  • Investments and ContractsIslamic Finance

    Utilizing a Conventional Mortgage to Finance My Retirement

    by Mufti Faisal October 10, 2022
    by Mufti Faisal October 10, 2022 3 minutes read

    Question: I am already à owner of a house. I will insha allah end the …

    Read more
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  • Is Fussilat.com website authentic and can be used for teaching Daura-e-Quran?

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    December 22, 2025

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