Category : Monetary Affairs
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Credit card
Asalam OAlekum I have a credit card which I used for home shopping such as groceries etc. But, I pay back quickly and never had any interest paid until now. There is an interest free duration of 55 days if paid then no interest charge. I know interest is haram so I pay back within days and...
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Inheritance
My mother passed away last year she was a retired teacher from government school she did’nt make any will we are three sister and my father is alive so how do we share her estate and she was terminally ill in which the medical expenses were way too much to bear so some of our relatives had ...
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Rental Earning from restaurant sharing floor with cinema
Hello, I have an opportunity to buy a small restaurant on food court floor of a mall, under construction ( there are few other resturants as well). However on the same floor, there is also a Gym, kids play area and a cinema. The food court can serve any visitor to the mall. I am expecting that be...
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Concern About ‘Halal Income’
Assalamu alaikum, brother. I have some concerns about ‘halal’ income. I have websites where I do affiliate marketing. I earn a small commission when people buy through my link. I get free visitors mostly from Google. Google ranks websites using different factors. ...
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share business
salam. I have a small amount of cash money and I want to give that money to my friend to do business with that money and to share profit with me but In case of loss I do not want to share loss with him because of my extreme poverty and my friend is agree upon this contract. Is this legal? ...
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DISTRIBUTION OF DECEASED AUNT’S REMAININGS
MY AUNT EXPIRED WITHOUT CHILDREN AND I / MYSELF, BEING A FOSTER SON NEEDED TO DISTRIBUTE THE REMAININGS OF MY AUNT WHICH INCLUDE CASH, JEWELLERY, FURNITURE, CLOTHINGS & ETC., PLEASE GUIDE AS PER HANAFI MASLAK / MADHAB TO WHOM I SHOULD DISTRIBUTE ...
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Sharia compliant tax saving schemes in India
Assalam walekum. I am from India and I work as a software engineer. Every month tax is deducted from my account. In order to save tax I have to invest in many tax saving government schemes. Q1) Can i invest some of my money in ELSS. ELSS is a scheme where every month you invest some...
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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...
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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...
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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...