Is there a Zakat levy on one’s Bitcoin holdings?
Question: Is there a Zakat levy on one’s Bitcoin holdings? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh....
Shariah Interpretations of Bitcoin
This is an overview and my personal conclusion to an ongoing research in respect to Bitcoin. References and detailed analysis can be viewed in...
Is Qurbani necessary for a young teenager with a Child Trust Fund but no other funds?
Question: Is Qurbani necessary for a young teenager with a Child Trust Fund but no other funds? In the Name of Allah, the Most Gracious,...
Is Zakat due on the packaging used in sales?
Question: I have a food catering business. Is Zakat due on the packaging used? For example, food containers, carrier bags etc? In the Name of...
What should be done with surplus proceeds upon the sale of a collaterised asset?
Question: What should be done with extra money received over and above one’s debt when a collateral is sold? In the Name of Allah, the...
What does one need to do if they failed to perform Qurbani?
Question: I did not perform Qurbani, what do I do? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh....
Is it Necessary to do an Additional Qadha for a Broken Qadha Fast?
Question: I had to make up a fast for Ramadhan which I missed. Whilst performing the Qadha, I had to break my Qadha fast due...
Is it Disliked to Slaughter Qurbani Animals at Night?
Question: I was told that the books of fiqh mention it is disliked to slaughter at night. Is there anything wrong with slaughtering Qurbani animals...
Does a Valid Sale Require Price Display?
Question: Is it necessary to display the prices of goods in a shop? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu...
Bitcoin: Shariah Compliant?
The concept of money has been evolving across time. Goods, gold, silver, banknotes, electronic money have all played the role of money. The birth of...
Is it Permissible to Invest in a Property Fund and What is the Zakat Liability on Such a Fund?
Question: I have invested in a property fund which invests in commercial real estate and rents out these real estate on the high street. The...
Is Zakat Due on Child Trust Funds?
Question: Is Zakat Due on Child Trust Funds? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer:...
