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Category:

Islamic Finance

  • 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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  • Banking and InterestFiqhIncomeIslamic FinanceZakatul Fitr

    Zakāt on Money Paid for a Pre-Order (Istiṣnāʿ)

    by Mufti Faisal July 18, 2024
    by Mufti Faisal July 18, 2024 4 minutes read

    Question: If we have made partial advance payment for some stock to our supplier, they …

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  • Banking and InterestIncomeIslamic FinanceMisc. Fiqh

    Using Ḥarām Money to Fund Research

    by Mufti Faisal July 18, 2024
    by Mufti Faisal July 18, 2024 5 minutes read

    Question: I am thinking of doing some research projects in certain cancers (liver cancer) one …

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  • Islamic FinanceMisc. FiqhPermissible and ImpermissibleSadaqahZakatul Fitr

    Review of Launchgood’s Zakat Policy

    by Mufti Faisal March 18, 2024
    by Mufti Faisal March 18, 2024 9 minutes read

    Question: Salam Sheikh. Launchgood is a P2P fundraising platform. They will be collecting zakat during …

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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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  • 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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  • 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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  • IncomeIslamic FinancePermissible and Impermissible

    Is a Credit Repair Business Permissible?

    by Mufti Faisal June 16, 2023
    by Mufti Faisal June 16, 2023 2 minutes read

    In North America, a bad credit score can result in great difficulties. It may negatively …

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  • Islamic Finance

    Canadian ETFs and their permissibility

    by Mufti Faisal June 15, 2023
    by Mufti Faisal June 15, 2023 1 minutes read

    ETFs (exchange-traded funds) are funds that are traded on a stock exchange. While ETFs can …

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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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  • FiqhFiqh SciencesIncomeIslamic FinanceMisc. Do's and Dont'sMisc. FiqhPermissible and Impermissible

    Assistance in Sin: Uber Eats vs. Waiter

    by Mufti Faisal January 18, 2023
    by Mufti Faisal January 18, 2023 32 minutes read

    Question: Assalamualaikum wa rahmatullah wa barakatuh Ulema What is the Hukm for income earned through …

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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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  • Banking and InterestIncomeIslamic FinanceMisc. Fiqh

    Filing Taxes in Canada

    by Mufti Faisal December 4, 2022
    by Mufti Faisal December 4, 2022 6 minutes read

    Question: I want to ask whether filing corporate taxes, income taxes, investment taxes, or other …

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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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