Finance & Transactions

Q
Putting money in a non Islamic Bank which does not earn interest
Q1) Is it halal to put money in a bank account which does not earn interest but is with a non Islamic bank because a non Islamic bank will use that money to lend to others and then earn interest on that money which is haram. So the person who has the bank account with…
November 23, 2021
Answered by Mufti Ismail Moosa
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Q
Zakat, Interest, Studying Abroad and Moving abroad
Question no .1 Is it permissible in Islam to move from a Muslim Country to a Non-Muslim country for better income and standard of living? Question no.2. Is it allowed for single girls to move abroad alone to study abroad? Especially in a matter where a degree isn't offered in her home country. Question no.3…
November 23, 2021
Answered by Mufti Ismail Moosa
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Q
Inheritance
Assalaamu alaikum Mufti, my father had an empty property of land, that my brother claims is his, because my father gave it to him in the presence of my mother. Unfortunately, my father did not have a will, we are three sisters and a brother. Since there was no will, Islamically does the property now…
November 21, 2021
Answered by Mufti Ismail Moosa
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Q
Dentist job of my wife
Assalamu alaikum. I am an engineer and my wife is a housewife who has a bachelor's degree in dental sergery. I can afford my family expenditure from my salary anyhow, but not luxurily like other engineers whose wife also does a job. My wife wants to do a job (wearing hijab and niqab) to support…
November 9, 2021
Answered by Mufti Ismail Moosa
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Q
Permissibility of Funds
Assalam-u-alaykum Please can mufti-saheb assist with the following scenario. Person A (willingly) borrows Person B a bank card to sign up and pay for a subscription to an online movies and series streaming service. The agreement between Person A and Person B, is that Person B will use Person A's card and thereafter, return the…
November 7, 2021
Answered by Mufti Ismail Moosa
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Q
Permissibility of my programme
I am currently running an educational programme for all girls. It focuses on the environment and we will be teaching them the science behind environmental processes and will give them skills to help them set up an environmental project / business. I didn't think of it at the time when I was making the programme…
November 6, 2021
Answered by Mufti Ismail Moosa
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Q
investment
assalam. respected mufti, 1. please inform me if the website WAHED is permissible to use. 1.2. if so, what features of the website is ok. 2. currently, which online financial websites or platforms are permissible to use? 3. what are the permissible ways/manners to deal in gold nowadays? 4. is it permissible to deal in…
November 6, 2021
Answered by Mufti Ismail Moosa
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Q
Us the house rightfully mine or not?
My mother gave me her house and it's contents while she was still staying in the house. I was also staying in the house at that time. She then made a condition that we keep a part of the house for her if she were to come back. She said she was going to give…
November 4, 2021
Answered by Mufti Ismail Moosa
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Q
Old Mutual superfund
I hope and pray that when you receive this communique, that you are enjoying the best if health and spiritual well-being, إن شاء الله ﺗﻌﺎﻟﯽٰ. We've recently been requested by our company to complete beneficiary forms for a group cover that the company has taken on our behalf. The group cover is with old mutual…
November 3, 2021
Answered by Mufti Ismail Moosa
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Q
Putting money in a non Islamic Bank
Q1) Is it halal to put money in a bank account which is with a non Islamic bank because the bank will use that money to lend to others and then earn interest on that money which is haram.
October 28, 2021
Answered by Mufti Ismail Moosa
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