One of the pioneers in online Islamic Q&A service. The site is operated under the supervision of Mufti Ebrahim Desai and his students.
My daughter is 4 yrs old. She got some gold and cash as a gift. We want to know if we we need to give zakat on it. She got 42g gold and $2200 cash. Do we have to give zakat on it? Is it permissible for me to invest in stocks? … read more »
What is the ruling on the medical insurance provided by the government free of charge to students, this is given to all students in the country by the governement in Sri Lanka? Answer In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. If … read more »
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 »
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 »
Assalamu alaikum Mufti Sb, DXN is a food supplements company having branches in 172 countries including S. Africa. The products are so good that more than thousands have been cured so far. Unlike other mlm, here the new customer who just joined also getting the product i.e. toothpaste, soap, massage oil,… read more »
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 »
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 »
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 »
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 »
Assalaamualaikum Mufti Sb. I hope you are well. Over the past year or two a particular series has gained quite some popularity. ‘Diriliş: Ertuğrul’. It is was originally a T.V series but a lot of people just watch the series online. It is made in Turkey (produced by Muslims, actors are all Muslim etc.). The… read more »