Bank

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I intend to commence employment as a solicitor (practising lawyer), Insha’Allah in July 2008. During my professional training I have tried to get involved and indeed have trained so that I can specialise in Islamic finance transactions.

Shaykh Ebrahim DesaiRead

Assalamou-alaikum mufti saheb. Please comment on the following email in circulation.

Shaykh Ebrahim DesaiRead

My brother works for a bank. Occasionally, we lend and borrow money from each other and later on give it back. I wanted to know, it is permissible for me to borrow or lend money to my brother?

Shaykh Ebrahim DesaiRead

I gave 60,000 rupeese to my father in law as debt so he can get rid of bank loan. now i know that he is unable to pay back my money.

Shaykh Ebrahim DesaiRead

How much Zakaat is Fardh on me? I have never paid Zakaat myself so I don’t know.

Shaykh Ebrahim DesaiRead

If a vehicle is sold to you at the market price which is also obviously the market value of the vehicle, you finance the item through an Islamic Bank who technically purchase the vehicle from the dealer and sell it to you at a profit.

Shaykh Ebrahim DesaiRead

I am working as a Project Manager in an Islamic Bank in Dubai and going through some unavoidable situation since I have been given different responsibility which is not as per my original conversation with my management and also not my core competencies…

Shaykh Ebrahim DesaiRead

Marriage to a girl whose father is a banker

Shaykh Ebrahim DesaiRead

My question is regarding the Canadian Registered Retirement Savings Plan (RRSP). When a person places money into the plan, it acts as a tax shelter (i.e. pre-tax income goes into the plan). When a person (presumably when they’ve retired) takes money out of the plan they are taxed on it. ….

Shaykh Ebrahim DesaiRead

I am a software Professional. I work for building TOOLS for other software professionals who work in Banks. Ultimately the Project is from a Bank and i dont know whether it is correct to work. I am worried as whether my source of Income is Haram.

Shaykh Ebrahim DesaiRead

I am a Software Engineer,I do Software testing for applications. I work for a reputed Indian Software Company, they work for a Client called ‘Charles Schwab’ …

Shaykh Ebrahim DesaiRead

I want to get a car from bank. As you know I have to pay interest on it. Pls. tell me if it will halal or haram.

Shaykh Ebrahim Desai, Shaykh Ismail MoosaRead

I purchased a vehicle on a residual or lease option. I will return the car at the end of the lease term (4 more years). My current lease

Askimam.orgRead

What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance such as accounting? which i think does not involve interest. but i am not too sure.

Shaykh Ebrahim DesaiRead

Is it permitted in islam to lend money to non-muslims who are in need of money? ..how taking a loan from an islamic bank works…..

Shaykh Ebrahim DesaiRead

Can you please forward me your views on the Albaraka equity fund.

Shaykh Ebrahim DesaiRead

Is cigarette selling is permissible in Islam?…Is it ok to give interest money to him to pay his interest….If somebody mensturbate while fasting, is the fast valid?

Shaykh Ebrahim DesaiRead

I would like to know that if i have bought something on credit card and i pay monthly instalments on it on which the bank charges intrest on it..

Shaykh Ebrahim DesaiRead

Please help me with my Zakaat calculation.What value can I deduct as a liability and what value as assets?

Askimam.orgRead

I have a policy for the duration of 10 years, a montly debit order is put into this policy…my question is concerning zakaat on this amount, will i have to pay yearly on what ever that amount is at the time when zakaat is due or can i pay after the 10 years are up?

Shaykh Ebrahim Desai, Shaykh Husain KadodiaRead