Category : Islamic finance

  • Is the spreads charged by forex brokers haram

    22 Feb 2023 Ref-No#: 4713

    I am a forex trader currently trading under a specific broker called ‘Exness’ Many scholars consider forex trading as haram as the brokers charge interest and swap fees for holding trades which is also considered as one sort of interest. But my broker doesn’t charge any sort of ...


  • Please suggest another ifta department

    11 Nov 2021 Ref-No#: 4019

    Assalamu Alaikum can you suggest any reliable ifta department website you trust for asking Islamic finance related questions. since you are busy Due to the number of queries that you have receive and time constraints as well, Jazak Allah Khair ...


  • Selling Electronic Video Games

    27 Oct 2021 Ref-No#: 3210

    Some video game companies sell their games for free for a short period of time (couple of days) then they sell them for their full price again (they do this so more people play the game and recommend it to others so they can sell more of it without losing much as the game is free for a short time...


  • Is rehbar finance sharia compliant?

    27 Oct 2021 Ref-No#: 3870

    Is rehbar finance sharia compliant? 15 Oct 2021 Ref-No#: 3772 Im not able to attach pdf, so copy pasted the contents below CONTENTS 1.0 Deal Overview report…………………………………………&#823...


  • Is rehbar finance sharia compliant?

    15 Oct 2021 Ref-No#: 3772

    Assalamu alaikum, Can you please let me know if Rehbar Financing is sharia compliant to invest in it? Here is the link for the site. http://www.rehbarfin.com/ http://www.rehbar.co.in. ...


  • Home financing using Islamic or conventional mortgage

    14 Sep 2021 Ref-No#: 3478

    Assalamu ‘alaykum wa rahmatullaahi wa barakatuh dear Sheikh We live in Vancouver, Canada. After lot of research, I have come to conclusion that there is no Shari’ah compliant home financing mortgage in Vancouver. I contacted Manzil and they said that it is based in Ontario and ...


  • Halal money from selling your own organ

    01 Sep 2021 Ref-No#: 3415

    Salam. I have irreversible permanent problems with finances for many reasons and consequences. Is it permissible in Islam to donate orgones for rewards? * – not according to the hack, but according to humanity. ** – and not the traditional list, but the leberal, filosov.<...


  • Islamic home finance

    22 Aug 2019 Ref-No#: 2152

    I am looking into the option of Islamic Home Finance in Canada. Currently considering 1. Aya Financial http://ayafinancial.com 2. Zero Mortgage http://www.zeromortgage.ca/ 3. IjaraCDC <a hr...


  • Discount pull

    04 Feb 2019 Ref-No#: 1346

    I‘m going to go with my husband to Dubai. He doesn‘t understand all of islam fikh, and sometimes we have a lot of misunderstandings because of this. He wants to buy discount pull. It offers to get discounts from a lot of organizations in dubai. Is it permitted to buy this to get good discount...


  • Sell and Leaseback in Islam

    11 Oct 2018 Ref-No#: 1079

    Assalum a Alaikum Mufti Sahib, The answer to this question will not only help me but many others also. I have an opportunity to buy a hotel apartment in Pakistan.In technical terms it is called “sell and leaseback” deal .The scheme works like following: 1. I will ...