Are inverse ETFs, stock options and naked options permissible?
Question: I have a few questions regarding stock options and inverse etfs. I know shorting the market is haram and riba is not allowed but what if there are inverse…
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Commerce, Finance & Investments
71 posts
What is the ruling of trading memorabilia coins with a mark up to their face values?
Question: If someone has a rare coin, is he allowed to sell at a higher price? The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The…
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Is Invoice Discounting Acceptable?
Question: Earlier in the below link you had mentioned that Invoice discounting is un lawful https://darulfiqh.com/is-invoice-discounting-permissible/ but I had gone through lot of articles and videos where there is no…
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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 £20 shopping check all for £11 a…
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To what extent can a rabbul maal interfere in the affairs of the mudharib?
Question: I wish to enquire the following regarding the mudharabah partnership: 1) Is the rabbul maal allowed to interfere in the business that he had given to the mudharib…
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Is possession necessary at the time of the transaction?
Question: Is it necessary to take possession of the article of trade or the purchase price at the time of transaction? Answer: In the Name of Allah, the Most Gracious,…
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Are the following interest bearing transactions?
Question: I have two questions: Using my credit card I purchased gifts for my in laws to express my happiness towards the new relations during my marriage proposal which was…
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Is it permissible to invest in CD’s (Certificate of Deposits)?
Question: Is it permissible to invest in CD’s (Certificate of Deposits)? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. A Certificate of…
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What makes a contract Shari’ah compliant?
Question: What are the requirements for a valid contract to be Shari’ah compliant and valid? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi…
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Is it permissible for me to seek compensation and be paid from an insurance company?
Question: I want to ask the ruling of Compensation. Because I was involved in a car accident and at the time I felt ok, but after few hours my lower…
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