Is it permissible to wear a pouch in Ihram?
The Query Is it permissible to wear a pouch in Ihram? The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The Reply It is…
Is Hajj obligatory on me if I owe a debt soon?
The Query I owe someone £10,000 in August this year and have been saving up for the last six months to pay that off. Do I have to go for Hajj…
Is it permissible to pause Tawaf to drink Zamzam water?
The Query Is it permissible to pause Tawaf to drink Zamzam water? The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The…
What is the ruling if the scent of perfume spreads on one’s body in the state of Ihram?
The Query I had applied perfume on my neck before Ihram. Now I can smell that perfume on my hands and arms. Does this result in any penalty?…
When should the shoulder be revealed by men in the state of Ihram?
The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The Reply The revealing of the upper arm and right shoulder…
Is it permissible to skin an animal immediately after slaughtering?
In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: It is disliked and…
Is my Orange phone contract Shari’ah Compliant?
Question: The sim card contract is for 24 months with orange network with deals like unlimited texts and 250mb data, they also give me a…
Is it wajib to do Sajdah Tilawah when reading an English translation of the Qur’an?
Question: Is it wajib to do sajdah-e-tilwah when reading an English translation of the Qur’an? What about listening to an English…
Permissibility of eating in the masjid during I’tikaaf
Question salam just wanted to ask you in itikaf does a person have to do iftar in the masjid? Does he have to do it in the masjid hall or can…
Is it permissible to purchase products originating from the dead sea?
Question: Someone asked me whether the products from the Dead Sea in Israel are prohibited from use by Muslims? There are products such as…
Research Paper: Shariah Review of Hedge Funds
Hedging involves reducing overall risk by taking on an asset position that offsets an existing source of risk. Its strategies encompass a…
Research Paper – Measuring Shariah Compliance in Senior & Subordinated Bonds
Bond investments are common, conventional fixed income instruments. The issuer promises to make regular interest payments to the investor…
Research Paper: Shariah Analysis of Options Trading
This research has attempted to present an overview of options and how it operates in the conventional markets as well as a Shariah analysis.…
Research Paper: Credit Default Swaps: Navigating the cross-section with risk sharing
The market for credit default swaps (CDS) has experienced explosive growth in the past. By the end of 2007, the outstanding amount was $62.2…
Research Paper: Solving the Dynamics of Shariah in ETFs & ETNs
Exchange-traded funds (ETFs) were launched in the early 1990s, combining the features of mutual funds and shares. In their 25-year…
Research Paper: Shariah Analysis of Contingent Convertible Bonds (CoCo)
Coco bonds are different to regular convertible bonds in that the likelihood of the bonds converting to equity is “contingent” on…
Research Paper: Decoding Compliance of Initial Coin Offerings
Initial Coin Offerings are an innovative way to raise funds by issuing tokens through blockchain technology. The issued tokens can vary widely…
Research Paper: The Shariah Factor in Cryptocurrencies and Tokens
Cryptocurrencies have become a buzzword across the world. The potential financial returns from cryptocurrencies have attracted Muslim…
Research paper: Zakat on Cryptocurrencies
Summary Any cryptocurrency or token purchased to resell will always be Zakatable. Zakat is due on the market value on one’s Zakat anniversary.…
A Shariah Analysis of Ownership and The Concept of Trusts
This short treatise analyses the concept of ownership in Shariah and considers the concept of a trust under Shariah. Ownership is described as…
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