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business

This answer was collected from Fatwaa.com which is an excellent Q&A site managed by Mufti Ismail Moosa from South Africa. .

Sell and Leaseback in Islam

Answered by Fatwaa.com

Assalum a Alaikum Mufti Sahib, The answer to this question will not only help me but many others also. I have an opportunity to buy a hotel apartment in Pakistan.In technical terms it is called “sell and leaseback” deal .The scheme works like following: 1. I will buy the hotel apartment at price X. However… read more »

Property investment

Answered by Fatwaa.com

As Salaam Ua Alaikum. As one would invest in a company by buying shares and remaining a silent investor having absolutely no input in the day to Day running of the company and simply taking ones dividend at the end a particular period. (For example buying shares in Apple stock – you have no no… read more »

Trading in Bitcoin

Answered by Fatwaa.com

Assalamu A’laikum, As you all know cryptocurrency has earned a good reputation previous year. My question is related about Bitcoin. Many are claiming that bitcoin will get as low as 900$ then may get a strike of 20,000$ So if I buy bitcoin in lower price & sell it at higher will it be a… read more »

Zakah to my father in law

Answered by Fatwaa.com

Mufti, My father in law had a good job at a reputable company, for which he worked for for over 3 decades. However, about 9 years back that company went bankrupt, and they paid my father in law out. My father in law used that money and all his savings to start a business. However,… read more »

Zakaat on stock/Raw Materials

Answered by DaruliftaaZambia.com

Question Our business is selling plants and painting. Are we to pay (Zakat) on, -already painted frames ready for sale, -frame and other materials like paint etc -tools used for painting like paint brush -plants that are ready for sale -plants that are still in the process of being rooted. In other words, sticks without… read more »

Business after the Jumu’ah Adhaan

Answered by DaruliftaaZambia.com

Question Is it allowed to leave the shop open after adhaan-e-jumuah and leave a non-Muslim staff to make sales at the shop  for the duration of Jumuah swalah? Is it allowed for a woman to do business after the Jumuah Adhaan? Answer In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum… read more »

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