Commerce, Finance & Investments

Question:  Is the Bounce Back Loan Scheme (BBLS) Shariah Compliant? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The […]

Question: Is Retail Forex Trading Shariah Compliant? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: Retail conventional […]

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 Most […]

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 ‘alaykum […]

Question: Is the Teachers’ Pension CARE scheme permissible? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: It […]

Question: Is The Lifetime ISA Shariah Compliant?  In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: As long […]

Question: Index-linked-saving certificates: These are on sale intermittently and  for a term of 3 or 5 years. At the end of the term one can cash […]

Question: Is The Pockit Prepaid Mastercard Shariah Complaint? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: The […]

Question: We have a business of car rentals.  We have vans which we lease out to different customers.  Some vans are booked multiple times on the […]

Question: We are starting a business and need some guidelines on profit sharing.  Can you kindly advise how profit sharing works in Shariah? In the Name […]