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Schemes & products

28 posts
  • Q&A
  • Schemes & products

Is Prop Firm Trading Halal?

Question: Is Prop Firm Trading Halal? I hope this message finds you well. I am writing to seek your guidance and expertise on the Islamic compliance of certain trading practices,…
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  • Schemes & products

Is the Local Government Pension Scheme (LGPS) Permissible?

Question: Assalamualikum, please could you tell me if local government pension scheme are permissible to join. I work in a school for the local council. jazakAllah The Fatwa In the…
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Using Credit Cards with Discount Offers

Question: There is an offer on an AMEX card, where a customer has the benefit of making transactions at 20 different shops for discounted prices. If they make a purchase…
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Is the Help-to-Save Scheme Shariah compliant?

Question: Is the government Help to Save Scheme permissible? [Question Published as Received] The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The Answer The government’s…
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Is a deposit free mortgage offered by Skipton Building Society permissible?

Question: Is a deposit free mortgage offered by Skipton Building Society permissible? [Question Published as Received] The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The…
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Which Junior ISAs are Shariah compliant?

Question: Which Junior ISAs are Shariah compliant? The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful The Answer One should only invest in a Junior ISA…
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Taking part in free bets on gambling platforms

Question: Mufti Sahib, are free bets allowed in Islam? Example, some apps give people a £10 free bet which they must use on betting and therein they could win or…
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Earning income from paid surveys

Question: I just wanted to know the ruling for paid surveys in Islam where a person is able to earn money for each survey he completes Jazakallah khair [Question Published…
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Switch and Join Rewards in Banks

Question: Are the current account switch reward offers at Santander, Natwest & First Direct permissible to accept. Are cashback from a Santander 123 Lite account or Natwest rewards account permissible…
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Investing in Life Insurance Funds

Question:  Asalamualikum, I had a question for you. Is investing in life insurance index funds that earn a certain percentage return allowed in Islam? I wasn’t sure if it was…
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