Category : Monetary Affairs
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Bequest for an heir
Assalamu alaykum, My husband passed away last month cause of cancer. During his life he told his lawyer that all debts due to him should be given to me. Now that he passed away, will I be entitled to receive all these debts? ...
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Charging for Goodwill
Assalamu alaykum, A, B, C, D and E are joint partners in a running business concern. A and B own shares of 25% each; whilst C and D own 20% each. The remaining 10% is owned by E. D and E are now negotiating to purchase the shares of A and C. The stock, debtors, equipment and other assets h...
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Collecting pension from the government
Slmz, Is a person allowed to collect pension from the government? ...
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Equality in gifts
Salams, I wanted to buy my elder daughter a hand bag as a gift. However, my friend who was with me insisted that if I buy for one child, I have to buy for all. I responded by saying that the other child is only 4 years, so she does not need a hand bag. Now I want to know if I have to buy e...
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Filing away records of interest transactions
Assalamu ‘alaykum warahmatullahi wabarakatuhu, “I work in the “contracts” department of a comp...
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Inheritance of nephews and nieces
As-salaamu ‘Alaykum wa Rahmatullaahi wa Barakaatuhu A man is survived by only the following relatives: 1) 5 daughters and 2 sons of a late Akhyaafi sister and: 2) 2 daughters and 3 sons of a late Akhyaafi brother How will the estate be divided among them? Please answe...
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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...
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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 ? ...
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Ownership of the house bought through the muncipality
Salam Mufti, Can you assist with the following: A father intended to buy a house through the municipality and applied for it at the municipality and his application was accepted. Since he did not have enough money, his eldest son paid the installments of the house and consequently h...
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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...