currency

Browse 405 answers in this category

You are on page 19

Money is borrowed for business investment. No fixed time for repayment is made. Payback an X amount per week for as long as capital sum not paid is the condition as profit. Is this allowed in Islam.

Shaykh Ebrahim DesaiRead

Can I disburse of interest by paying Rands locally against interest earned on a bank account overseas in US Dollars thereby making the US Dollars halaal?

Shaykh Ebrahim DesaiRead

I am in debt, aware that I may be evicted soon, and uncertain of how I will continue, in any weeks henceforward

Shaykh Ebrahim DesaiRead

Is it Halal/Haram? to buy & sell the new iraqi dinar to make a profit on the currency value over a period of time.

Askimam.orgRead

Trading in forex

Shaykh Ebrahim DesaiRead

Can dowry be given to wife in the form of Gold. Or is it a must that it should be given in the form of currency.

Shaykh Ebrahim DesaiRead

From Dubai I buy 100,000/- Euro and fly to Amsterdam and sale the Euro Currency in Amsterdam(Holland). I make a handsome Profit due to the currency difference. Is it Halal for me?

Shaykh Ebrahim DesaiRead

Is forex trading allowed ?The procedure of a normal interest based trade is: you buy one currency against dollar for

Shaykh Ebrahim DesaiRead

I am married know & no longer working .Can my husband pay zakaat on my behalf

Shaykh Ebrahim DesaiRead

I had a dream in which my deceased father ,i and a girl is in a house.My father wants me to marry her.Than my father give 3 currency notes to me for prpration of marriage.

Shaykh Ebrahim DesaiRead

What is the shariah ruling concerning converting local currency to stronger international currencies on the black market?

Shaykh Ebrahim Desai, Shaykh Muhammad KadwaRead

Is it pemissibale to deal in currencies on the foreign exchange markets.Whereby you buy and sell rands,dollars.etc.

Shaykh Ebrahim DesaiRead

Please advise how I can calculate 2.5% on gold jewellery as some were gifts and the rest I purchased.

Shaykh Ebrahim DesaiRead

I would like to know if the paper money we used as currency is considered to be riba?

Shaykh Ebrahim DesaiRead

In which currency should I pay zakat on the Gold ? The currency in which itwas bought or the currency in which I amearning.

Shaykh Ebrahim DesaiRead

Is it right for parents to want their child to marry for household help?

Muftisays.comRead

Can I accept money for a gift that has already been given?

Muftisays.comRead

Using Forward Echange Contracts as a Hedging Tool

Shaykh Muhammad ibn AdamRead

I would be highly obliged if you please guide me about the foreign exchange trading (hedging, futures, options) and its legitimacy in Islam. Many of my friends are indulged in this business and they argue that it is halal from the sharaih point of view but I am doubtful. I had posted the same question to Mufti taqi Usmani Sahib but after waiting for several days, I could not get answer. So the sooner you would help me, the better it would be for me. Please also refer to some useful links in this regard.

Shaykh Muhammad ibn AdamRead

Is it permissible to buy and sell currency in the foreign exchange market with the intention to make a profit based on mathematical models and economic forecasts?

Shaykh Muhammad ibn AdamRead