Category : Monetary Affairs
-
Inheritance rules on mother’s earnings
Asalaamalaikum warahmatullah, I would like to ask a question regarding inheritance especially in the modern day and age where women are now also more often then not, earning money from their own occupations. I know in Islam traditionally a boy receives 2 shares and a girl 1, however...
-
Buyback option for a plaza shop
Party 1 is building a plaza and selling a shop to party 2 for $100,000. The plaza will be ready in 2.5 years. Party 2 will pay full payment of the shop now. Party 2 has the option to sell the shop back to Party 1 after 2 years and before 2.5 years at $115,000. 1. Is this deal permissible un...
-
Arranging finance
Can you please advise on the following, I run a business selling cars, the business was started with money saved up, not with a loan. We arrange finance at the request of the customer, we do not provide the loan for the vehicle the finance company does, we don’t take any commis...
-
LOAN REPAYMENT
Assalamu Alaikum Mufti sab I want an Islamic guidance or ruling on my matter: I had borrowed money from my brother in law to buy a house equivalent to US$65,000 We agreed that I cud make my repayments flexibly to me The amount borrowed by me was in Local Malawian cur...
-
Father’s Wish to divide his properties equally among his children
Assalamu Alaikum Wa Rahmatullahi Wa Barakatu 1. My mother passed away on September 2010, 2 .My father passed away October 2018 leaving three daughters and a son as heirs 3. Properties are earned by my father but He bought all in my mother’s name 4. When my father wa...
-
Zakat on Child Trust Bonds
Assalamu Alaikum Wa Rahmatullah I apologise in advance for the long question that I am about to ask. It is related to Zakat and I will try to make it as short as possible. I have been paying Zakat on off just to stay safe, even though I don’t work, I do have a little sav...
-
Returning a book to the library with kufr in it
Salam alekom. Is it obligatory for me to return a book to a library that has elements of kufr and sin in it (if the library demands me to do this, because it is their property and they would fine me if I don’t do it)? Are there differences of opinion on this matter? ...
-
Investing
I would like to know ruling in Islam of invest in share / stock market ...
-
car insurance for drivers
Assalamualaikum Sheikh, I have hire car business and I give Cars on rental basis per month and drivers usually use the car for Uber or any ridesharing services. My contract with the driver is to cover only car servicing & car maintenance and NO insurance included as I know that it is not allo...
-
Inquire about interest money
Aslam o alikum.. Sir I have very important questions to ask about use of interest money… I work in restaurant where I have to give 1 riyal on every 100 riyals of sales I do as a tip share to company. Means if I do 3000 sales I have to give 30 riyals every day whether I get from...