Interest & Islamic Finance

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…

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…

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.

Is rehbar finance sharia compliant? 15 Oct 2021 Ref-No#: 3772 Im not able to attach pdf, so copy pasted the contents below CONTENTS 1.0 Deal Overview report........................................................................................................................3 1.1 Brief Investment Overview ...........................................................................................................3 1.2 Brief details of the deal .................................................................................................................3 2.0 Financial Modelling report................................................................................................................4 2.1 Application of funds......................................................................................................................4 2.2 Existing Deals..................................................................................................................................4 3.0 Deal structure ....................................................................................................................................6 3.1…

Assalāmu 'Alaykum wa Rahmatullāhi wa Barakātuhu. Will you be able to write an article explaining the permissibility or impermissibility of taking out loans for students pursuing further/tertiary education? JazākAllāhu Khayrā

Assalamu alaikum, Can you please let me know if Rehbar Financing is sharia compliant to invest in it? Here is the link for the site. http://www.rehbarfin.com/ http://www.rehbar.co.in.

Can I buy gold jewerrely online where by I make a payment to the seller using bank transfer of paper money or do the same using my bank card. The seller then sends me the gold item by post? Did we exchange the gold and paper money on the spot or not please? Also can…

Assalamu 'alaykum wa rahmatullaahi wa barakatuh dear Sheikh We live in Vancouver, Canada. After lot of research, I have come to conclusion that there is no Shari'ah compliant home financing mortgage in Vancouver. I contacted Manzil and they said that it is based in Ontario and they are not yet financing in Vancouver. I have…

As salam alaikum I have been making SIP payments to a few 100% equity based mutual fund in India since 2019. Recently I learned that its prohibited to invest in mutual funds that deal with banking and financial institutions, as they rely on riba. Since then I have stopped my monthly payments in those funds.…

When I was born my parents made me a savings account and put money in it up until a few years ago (it’s meant to be for a car or university I think) , I believe this savings account has interest and I’m not sure what percentage of it is interest and what is actual…