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Category:

Islamic Finance

  • Banking and InterestIncomeInvestments and ContractsIslamic FinanceMisc. Fiqh

    Job in a Software Company Whose Main Clients are Banks

    by Mufti Faisal October 18, 2022
    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
    October 10, 2022 3 minutes read

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

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  • IncomeInvestments and ContractsIslamic Finance

    Is Drop shipping business permissible?

    by Mufti Faisal October 8, 2022
    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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  • Investments and ContractsIslamic Finance

    Arrangement in salaries in a partnership

    by Mufti Faisal July 27, 2022
    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
    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
    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
    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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  • Banking and InterestCleanliness and PurityIncomeInvestments and ContractsIslamic Finance

    Purifying my Earnings

    by Mufti Faisal December 8, 2021
    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
    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
    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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  • Islamic Finance

    Shariah Compliant Home Financing Company in Canada

    by Mufti Faisal August 18, 2021
    August 18, 2021 1 minutes read

    Question: Can you please recommend any Shariah Compliant home financing company in Canada for us …

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  • FiqhIncomeInvestments and ContractsIslamic Finance

    Selling Merchandise through on-demand print services

    by Mufti Faisal October 20, 2020
    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
    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
    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
    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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    0 FacebookTwitterPinterestEmail
  • FiqhIslamic Financeislamqa.orgWaqf

    Can a Masjid Administration rent out masjid items for benefit of community and Masjid?

    by Mufti Faisal August 16, 2019
    August 16, 2019 3 minutes read

    A brother wants to borrow the Masjid’s ladder for his own personal use. This is …

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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
    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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    0 FacebookTwitterPinterestEmail
  • Banking and InterestInvestments and ContractsIslamic Finance

    Auditing companies and checking interest-based calculations

    by Mufti Faisal December 13, 2017
    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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  • Banking and InterestIncomeIslamic Finance

    Working to sell insurance and recruiting people to work there for a referral commission

    by Mufti Faisal December 6, 2017
    December 6, 2017 2 minutes read

    In principle all conventional insurance policies are at its core designed around interest and ribā. …

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  • Islamic FinancePermissible and Impermissible

    Earning from YouTube ads, Surveys and online Apps etc

    by Mufti Faisal December 2, 2017
    December 2, 2017 1 minutes read

    Please Tell Me If Online Earning Like Youtube, Doing Surveys Online, Installing App, Referring Service …

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