Tag Archives: economic
-
Collecting pension from the government
Slmz, Is a person allowed to collect pension from the government?
... -
Filing away records of interest transactions
Assalamu ‘alaykum warahmatullahi wabarakatuhu,
“I work in the “contracts” department of a comp...
Institute using Zakah funds
Assalamu alaykum wa rahmatullahi w abarakatuhu,
We are running an Islamic organization here in the Klerksdorp area. Since we provide free education for the poor, the vast majority of our students do not pay the prescribed school fees. This has called a huge short fall of funds and we are n...
Nisaab on value of silver
As-salamu alaikum oa rahmatulla
Is there any mandate to calculate the nisab of cash or business stock (other than gold and silver) only on the value of Silver i.e. which is cheaper of gold and silver ?
...Paying off the debt of the deceased
Assalamu ‘alaykum wa rahmatullahi wa barakatuhu Mufti Sahab,
Recently a brother passed away (rahimahullah), and we’ve been informed that he left behind a debt of 180’000 euros to privates and 200’000 to business/bank (I don’t know precisely).
Now, the widowed “wife” is...
Payout of the pension fund
Assalamu alaykum,
A) If a person had a Compulsory Pension Fund, and he made a bequest that if he passes away before the money can be released, the funds should be given to his ailing mom. Now that he passed away before that, and the Pension Fund made the payout, will the mother be entitled...
Purchasing something re-possessed by the bank
Assalamu alaykum Mufti, I would appreciate if you could kindly assist with the following:What is the ruling of repossessed items? Is it permissible to purchase re-possessed items from the bank? What is a person already purchased such items? Thanks
...Ruling on Selling Newspapers and Magazines
What is the ruling of selling Newspapers, magazines,etc which contains obscene material, gossip or other salacious material? The customers who will purchase these are mostly non Muslims.
...Seller knowing that the customer is paying with money loaned from the bank
Assalamu alaykum wa rahmatullahi wa barakatuhu
If a buyer pays with a cheque, and the seller knows that the buyer took a loan from the bank to pay for his goods, will it be permissible for him to conclude the deal?
Likewise, if I sell cars and I know the customer is financing it thr...
Working in a winery or in a Salami Factory
Assalamu ‘alaykum wa rahmatullahi wa barakatuhu Mufti Sahab,
“Is working in a winery or a “salumificio” (a place in which pork-meat “salami” is produced) permissible for a Muslim? I’m not asking regarding the actual manufacturing/production of haram foods and dr...