gambling Archives - IslamQA

One of the pioneers in online Islamic Q&A service. The site is operated under the supervision of Mufti Ebrahim Desai and his students.

Working as a Front-end software developer

Answered by Askimam.org

Assalamu Alaykum, I currently work for a large (non-muslim) company that sells insurance, life cover, retirement savings, investments and other services. This company has an online portal where their clients can log in to view details of the products which they have. The portal shows them information such as what their benefits are,… read more »

Old Mutual Investors Fund

Answered by Askimam.org

As-salaamu-alaikum My father invested R12 500 for me in the Old Mutual Investors Fund R (Unit trust) in Oct 2001. This investment grew over the years and the current value is R249 000. The fund invests in wide range of shares which includes Sasol, BHP, ABSA, Naspers, MTN etc.  (See attached… read more »

Investing in Al Rayan GCC Fund (Qatar)

Answered by Askimam.org

As Salaam Alaikum, I need your advice regarding the permissibility of investing in al rayyan GCC fund. I am putting the link of that fund, Please guide me.  https://www.alrayan.com/library/assets/Gallery/GCCFund/Prospectus/En/Al%20Rayan%20GCC%20Fund%20(F)%20Prospectus.pdf Jazakallah. Answer In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. … read more »

Zakat on Shares

Answered by Askimam.org

Salaams. My company had given me shares (involuntary), around 2010. Ive never even really knew how much was it and actually didn’t bother to check as I thought it was hardly anything. I decided to investigate and managed to sell it at a price of +-R17000 in May 2019. It is a French Company… read more »

Term life insurance

Answered by Askimam.org

  A person asked me if this type of life insurance is allowed in Islam.  America offers a type of life insurance called term life with a cash back option. It offers life insurance throughout the term but at the end of the 15-30 year term all the… read more »

Wahed Investments

Answered by Askimam.org

Asalamualaykum, I’ve been looking for halal ways of investing my money for retirement and have recently learned about “Islamic investing”. One of the, if not the only, major firms I know of are “Wahed invest”. Dr. Yasir Qadhi not only sponsors them, but also has an account with them. Ironically, he states in a… read more »

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