Finance & Transactions

Q
Salary of an Accountant who is working in Pay and Use Toilet company.
Assalamualaikum Sir, Actually my sister is working as an Accountant in Pay and Use toilet company. But her work place is another place. Many times my sister is worried thinking that her income is not halal. I want to know whether my sister's Income is Halal? Please reply at the earliest. Assalamualaikum.
November 26, 2018
Answered by Mufti Ismail Moosa
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Q
Property distribution as a gift to child and grandchild
As Salamu Alaikum, My father has two children. (a). me (daughter) and (b). Son (my brother).I am married with 3 children (2 daughters-10 years and 3 years, 1 son-6 year). My brother is just married for 6 months no children yet. My father has many property and cash. He wants to give some property and…
November 8, 2018
Answered by Mufti Ismail Moosa
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Q
Working for Fostering Agency
Asalamualaikum I was wondering if it was halal to work in a fostering agency doing admin work. I could work to promote the agency and help recruit new foster carers. I'm worried about possibly having to recruit carers with kids who have reached puberty. This is an issue because if the child is a boy,…
November 5, 2018
Answered by Mufti Ismail Moosa
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Q
Loan Interest Hukm
Assalamu’alaikoom Ya Mufti, Please kindly explain to me why a conventional loan annuity interest that is originally Haram due to Riba can change to Halal after the said interest is converted to Ujrah and the said Loan Transaction is converted to the ‘Aqad Ijarah. Jazakallah khair.
October 25, 2018
Answered by Mufti Ismail Moosa
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Q
Teaching and researching Finance
Assalam-O-Alaikum, Is it permissible to teach Finance (this would include teaching about interest and how to use it for calculations)? Also, is it permissible to do academic research in Finance (research may be on bonds or other interest bearing instruments and even if it is not directly related to interest bearing instruments, using interest rate…
October 23, 2018
Answered by Mufti Ismail Moosa
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Q
Rulling of shariah on money as gift
Assalam o alikum , My question is someone has given some money to me as gift for my personal usage such person is Hindu ..... I wanted to know tht money can I use for religious purposes of the following 1) perform umrah or Hajj 2) give sadqa 3) help poor for the purpose of…
October 18, 2018
Answered by Mufti Ismail Moosa
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Q
Universal Credit
In the UK theres this program which allows its unemployed citizens to gain government benefits like money if they actively job search for 35 hrs a week. 28 hrs a week for some who have a valid reason. if you dont do your weekly 35 hrs job search u could risk getting penalised. i thi…
October 17, 2018
Answered by Mufti Ismail Moosa
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Q
follow up to Ref-No#: 1079
With reference to my earlier question 1079, one solution given is that sign the rental contract first, and then sales contract, but how can i sign the rental contract and lease to someone , when i do not own that asset ?. Isnt the proper way to buy first and then rent out.
October 17, 2018
Answered by Mufti Ismail Moosa
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Q
PARENTS WILL
My grand father (maternal) has 3 daughters and 1 son, he recently received funds from the sold property of his own father, most of his brothers have already distributed these funds among his daughters and sons, but my grand father claim is that he will not distribute this during his life and only be known…
October 17, 2018
Answered by Mufti Ismail Moosa
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Q
Property investment
As Salaam Ua Alaikum. As one would invest in a company by buying shares and remaining a silent investor having absolutely no input in the day to Day running of the company and simply taking ones dividend at the end a particular period. (For example buying shares in Apple stock - you have no no…
October 15, 2018
Answered by Mufti Ismail Moosa
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