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Answers with Tag: currency

I am making an enquiry regarding zakaat payment

Hanafi Fiqh | Shaykh Luqman Hansrot | eFiqh.com

Reducing risk in foreign exchange

Hanafi Fiqh | Shaykh Faraz Adam | Darulfiqh.com

Is possession necessary at the time of the transaction?

Hanafi Fiqh | Shaykh Faraz Adam | Darulfiqh.com

Cheap Ticket to Paradise

Hanafi Fiqh | Shaykh Faraz Adam | Darulfiqh.com

Mahr: How Much Should It Be?

Hanafi Fiqh | Shaykh Abdur Rahman ibn Yusuf | ZamzamAcademy.com

I would like to know if it is permissible to buy and sell gold for profit. My understanding in the past has been that transactions where a certain amount of gold is purchased at one price and the same amount sold at another (higher price) are not permissible as the money comes into the category of riba. Is this correct? I have an opportunity to buy into Gold index fund. These are funds/stocks that are based purely on the price of gold. The price of these funds will fluctuate depending on the price of gold. Am I allowed to invest in such funds?

Hanafi Fiqh | Shaykh Abdur Rahman ibn Yusuf | ZamzamAcademy.com

Zakat on money saved for fees

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

Zakat on money saved to buy a house

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

Zakat on Maintenance grant

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

Zakat on Investment property

Hanafi Fiqh | Shaykh Sayeedur Rahman | DarulIftaBirmingham

Zakat nisab in terms of money

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

Zakat Nisab

Hanafi Fiqh | Shaykh Sayeedur Rahman | DarulIftaBirmingham

What is the difference between sadaqa and zakaat?

Hanafi Fiqh | Shaykh Sayeedur Rahman | DarulIftaBirmingham

Selling gold in exchange for money

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

What are the Qurbani rules for husband and wife & children?

Hanafi Fiqh | Shaykh Mohammed Tosir Miah | DarulIftaBirmingham

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