Category : Monetary Affairs

  • Shariah distribution of property

    Assalaam waalaikum, Curious to know answers for below questions : 1) My Grandfather deceased 29 years ago and he left some property what is the ratio of division to 1) married son 2) married daughter 3) grand son and grand daughter when son is deceased 2) My Grandmother...

    22 Aug 2019 Ref-No#: 2151
  • Islamic home finance

    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...

    22 Aug 2019 Ref-No#: 2152
  • Lease option agreement

    Is lease option agreement is halal. WHAT IS A LEASE OPTION? A lease option is a legal agreement that allows you to control a property and generate income from it, with the right (but not the obligation) to buy it later. It’s actually two separate agreements bundled into...

    21 Aug 2019 Ref-No#: 2128
  • 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...

    21 Aug 2019 Ref-No#: 2138
  • 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...

    21 Aug 2019 Ref-No#: 2150
  • 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...

    21 Aug 2019 Ref-No#: 2070
  • 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...

    22 Jun 2019 Ref-No#: 1959
  • 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...

    20 Jun 2019 Ref-No#: 1937
  • sadaqah jariyah

    ,السلام عليكم ورحمة الله وبركاته I want to start sadaqah jariyah. So let’s that I’ve donated $100, would that be considered as sadaqah jariyah? Lastly, can you tell me what is the best sadaqah jariyah idea which gives the most benefit? ...

    12 Jun 2019 Ref-No#: 1896
  • 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...

    04 Jun 2019 Ref-No#: 1861