I have old debts to pay out from 80’s. I am unable to contact the …
Category:
Islamic Finance
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Investments and ContractsIslamic Finance
Binary options and trading
by Mufti Faisalby Mufti Faisal 1 minutes readBinary Options/Trade in simplified terms, for lack of better word, is simply “gambling on the …
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Islamic Finance
Renting my portion of the house to my partner
by Mufti Faisalby Mufti Faisal 2 minutes readQ1. is it permissible to take rent from Muhammad? Q2. Does the % amount of …
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Banking and InterestIslamic FinanceOther Social
Living in home bought on interest
by Mufti Faisalby Mufti Faisal 3 minutes readRibā’ is indeed a calamity which has plagued every part of our society. No one …
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Banking and InterestIslamic Finance
Taking a loan with a grace period for interest-free payback
by Mufti Faisalby Mufti Faisal 2 minutes readIn principle, a loan which has an interest-free period or a grace period to pay …
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Banking and InterestIslamic Finance
Flex Buy (Best Buy Canada) credit facility. Is it same as the Brick Card?
by Mufti Faisalby Mufti Faisal 6 minutes readIn principle, Flex Buy (Best Buy Card) is a similar financial instrument to The Brick …
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Banking and InterestIslamic Finance
“Brick Card Platinum” with 18 months interest free credit.
by Mufti Faisalby Mufti Faisal 3 minutes readAfter having a look at the credit card in question, it seems that its structure …
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Islamic Finance
Does Islam permit sales which are structured on credit paid in instalments?
by Mufti Faisalby Mufti Faisal 2 minutes readEssentially a deal may be structured in three ways. a. Cash Transaction b. Credit Transaction …
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Islamic Finance
I want to make a sale at cash $2000 but the buyer says that he will pay credit after 2 months. If I ask him to pay 2200 will it be counted as interest(riba)?
by Mufti Faisalby Mufti Faisal 4 minutes readIf you have already struck the deal with the brother at $2000 and thereafter at …
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Banking and InterestFiqhIslamic Finance
Working on IVR Engine Software for multiple clients etc.
by Mufti Faisalby Mufti Faisal 4 minutes readIn principle, becoming an active part of any transaction which involves interest or haram is …
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Banking and InterestIslamic FinancePermissible and Impermissible
Is Working as a “Notary Signing Agent” permissible?
by Mufti Faisalby Mufti Faisal 3 minutes readQuestion: I am living in USA and working as a “Notary Signing Agent” , an …
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Investments and ContractsIslamic Finance
There is a Smartphone app for iPhone and Android called GymPact. Is it permissible to use?
by Mufti Faisalby Mufti Faisal 3 minutes readQuestion: My question is about financial rewards and compensation. There is a Smartphone app for …
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Banking and InterestInvestments and ContractsIslamic Finance
I wanted to know if investing with Uinvest Halal?
by Mufti Faisalby Mufti Faisal 3 minutes readQuestion: I wanted to know if investing with Uinvest is Halal ? UInvest is an …
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Food and DrinkIslamic Finance
I hand make smoking pipes which are bought for smoking as well as collector’s item. Is my activity permissible?
by Mufti Faisalby Mufti Faisal 4 minutes readQuestion: I’d like to know the ruling of producing handmade smoking pipes and selling them. …
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Banking and InterestIslamic Finance
What are the alternatives in shariah for student loans in the western countries?
by Mufti Faisalby Mufti Faisal 2 minutes readQuestion: Could you please guide me about student loans. What are the alternatives in shariah …
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Banking and InterestIslamic Finance
Interest and Mortgage in western countries. Should we revise our understanding of Riba?
by Mufti Faisalby Mufti Faisal 23 minutes readA Muslim living in Canada questions the prohibition of interest-based mortgages, arguing that most Muslims …
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Banking and InterestInvestments and ContractsIslamic Finance
How do we get out of debts?
by Mufti Faisalby Mufti Faisal 7 minutes readQuestion: Me and my husband have been alhamdullilah Been married for 4 years now. But from Knowledge …
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Apparel and AdornmentIslamic Finance
Is it Permissible to sell Wigs, Fake nails, Sculptures
by Mufti Faisalby Mufti Faisal 2 minutes readQuestion: Mufti Saheb I have a friend who does imports and exports and he is …
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