interest

Can interest money be used to pay parking fines?

Question: Can interest money be used to pay parking fines? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The receiving and giving…

Are Overdraft Facilities in Bank Accounts Permissible?

Question: Are Overdraft Facilities in Bank Accounts Permissible? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: If you withdraw more money…

Is the PayPal Working Capital Cash Advance Shariah compliant?

Question: Is the PayPal Working Capital Cash Advance Shariah compliant? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: The PayPal Working…

Research & Essays

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 a specified event. They carry a distinct accounting advantage…

Can interest money be used to pay parking fines?

Are Overdraft Facilities in Bank Accounts Permissible?

Is the PayPal Working Capital Cash Advance Shariah compliant?

Research Paper: Shariah Analysis of Contingent Convertible Bonds (CoCo)

Is my Orange phone contract Shari’ah Compliant?

Is it wajib to do Sajdah Tilawah when reading an English translation of the Qur’an?

Permissibility of eating in the masjid during I’tikaaf

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