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Category:

Investments and Contracts

  • IncomeInvestments and ContractsIslamic Finance

    Is Drop shipping business permissible?

    by Mufti Faisal October 8, 2022
    by Mufti Faisal October 8, 2022 10 minutes read

    Question: I am planning to start a drop shipping business on a well-known e-commerce platform. …

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  • IncomeInvestments and Contracts

    Printing & Shipping business and haram elements

    by Mufti Faisal September 21, 2022
    by Mufti Faisal September 21, 2022 6 minutes read

    Question: I have recently come across an opportunity to purchase a store that offers shipping, …

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  • Investments and ContractsIslamic Finance

    Arrangement in salaries in a partnership

    by Mufti Faisal July 27, 2022
    by Mufti Faisal July 27, 2022 12 minutes read

    Question: As Salam wa alaikum w rahmatullah I have the following question In between 3 …

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  • Investments and ContractsIslamic FinanceMisc. Fiqh

    Car Leasing and Car Financing

    by Mufti Faisal July 25, 2022
    by Mufti Faisal July 25, 2022 13 minutes read

    Question: “Salam , I’m new in Canada and I want to get a new car …

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  • IncomeInvestments and ContractsIslamic FinanceMisc. FiqhPermissible and Impermissible

    Entry Fee for Online Auction

    by Mufti Faisal June 8, 2022
    by Mufti Faisal June 8, 2022 13 minutes read

    Question: I want to open an online auction for products like mobile phones, laptops, etc. …

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  • Banking and InterestIncomeInvestments and ContractsIslamic Finance

    A wife’s concern for the Riba’ in home for past 15+ years

    by Mufti Faisal February 27, 2022
    by Mufti Faisal February 27, 2022 11 minutes read

    Question: We bought first house 15 years ago regarding for fatwa that okay for muslem …

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  • FiqhFiqh SciencesInvestments and Contracts

    Which is the Preferred Opinion in Hanafiya for valuation of fidyah?

    by Mufti Faisal December 8, 2021
    by Mufti Faisal December 8, 2021 17 minutes read

    Question: السلام علیکم و رحمة الله و بركاته ما وجه الترجيح فى مسألة الفدية بين …

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  • Banking and InterestCleanliness and PurityIncomeInvestments and ContractsIslamic Finance

    Purifying my Earnings

    by Mufti Faisal December 8, 2021
    by Mufti Faisal December 8, 2021 3 minutes read

    Question Recently I have gotten serious about my faith and wish to continue forward in …

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  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceMisc. Fiqh

    Stocks in an Investment Bank

    by Mufti Faisal December 6, 2021
    by Mufti Faisal December 6, 2021 7 minutes read

    Question: Is it permissible to own stocks in an investment bank, such as Citigroup? Investment …

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  • Banking and InterestIncomeInvestments and ContractsIslamic Finance

    Home financing with Islamic or conventional bank

    by Mufti Faisal November 9, 2021
    by Mufti Faisal November 9, 2021 5 minutes read

    Question: Assalamu ‘alaykum wa rahmatullaahi wa barakatuh dear Sheikh We live in Vancouver, Canada. After …

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  • Apparel and AdornmentIncomeInvestments and Contracts

    Islamic ruling on the business of soft toys especially octopus, teddy bears, birds, stuffed animals, plushies, etc

    by Mufti Faisal November 2, 2021
    by Mufti Faisal November 2, 2021 10 minutes read

    Question: Assalaamu Alaikum, What is the Islamic ruling on the business of soft toys especially …

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  • Banking and InterestIncomeInvestments and ContractsMisc. Fiqh

    RRSP investment and pension plan payouts

    by Mufti Faisal May 3, 2021
    by Mufti Faisal May 3, 2021 4 minutes read

    This article explains the Sharīʿah perspective on RRSP investments in Canada, distinguishing between permissible self-directed …

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  • FiqhIncomeInvestments and ContractsIslamic Finance

    Selling Merchandise through on-demand print services

    by Mufti Faisal October 20, 2020
    by Mufti Faisal October 20, 2020 4 minutes read

    ATTENTION/IMPORTANT : This fatwa is under review. At this time, we advise to exercise caution …

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  • Banking and InterestInvestments and ContractsIslamic FinancePermissible and Impermissible

    Monetary Penalty for delayed rental. How do I circumvent this?

    by Mufti Faisal October 17, 2020
    by Mufti Faisal October 17, 2020 2 minutes read

    Question: I have read your answers stating that Monetary Penalty is tantamount to Ribaa. I …

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  • Investments and ContractsIslamic FinanceMisc. Do's and Dont'sMisc. FiqhPermissible and Impermissible

    Boycotting of Chinese Goods based on Islamic Reasons

    by Mufti Faisal June 16, 2020
    by Mufti Faisal June 16, 2020 7 minutes read

    Question: I’m going to start an Amazon FBA business, for it to be successful I …

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  • Banking and InterestIncomeInvestments and ContractsIslamic Finance

    Is Network Marketing halal or haram?

    by Mufti Faisal September 17, 2019
    by Mufti Faisal September 17, 2019 3 minutes read

    Question: I’ve recently been introduced to a group of entrepreneurs who are working together in …

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  • Banking and InterestFiqhInvestments and ContractsIslamic Finance

    Interest on Deposit, disposal of interest to poor and RESP

    by Mufti Faisal March 11, 2018
    by Mufti Faisal March 11, 2018 3 minutes read

    Question: Hello, I am helping a newcomer Muslim to Canada who is very careful with …

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  • Banking and InterestInvestments and ContractsIslamic Finance

    Auditing companies and checking interest-based calculations

    by Mufti Faisal December 13, 2017
    by Mufti Faisal December 13, 2017 0 minutes read

    My brother is a chattered accountant. He makes audit for different companies. He has to …

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  • Investments and ContractsPermissible and Impermissible

    Is the research paper grant/rewards from such a collaboration permissible for all its research collaborators?

    by Mufti Faisal December 4, 2017
    by Mufti Faisal December 4, 2017 3 minutes read

    We are Muslims. We retain the honour of being upright and god-fearing in all of …

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  • Investments and ContractsIslamic Finance

    Binary options and trading

    by Mufti Faisal July 11, 2017
    by Mufti Faisal July 11, 2017 1 minutes read

    Binary Options/Trade in simplified terms, for lack of better word, is simply “gambling on the …

    Read more
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