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What is the legal ruling for playing chess? It is rumoured that a hadith by the prophet SAWS, specifically prohibits both playing chess as well as any other game with dice.

Shaykh Muhammad ibn AdamRead

Credit Card Cash-Backs

Shaykh Muhammad ibn AdamRead

What is the ruling on paying car insurance to companies in instalments whereas they charge you added APR, instead of paying a one off instalment? Also if you only wanted to use the car for a few months, you would be paying less than for the full year.

Shaykh Muhammad ibn AdamRead

I want to ask, respected Shaykh, Is the playing of sports such as Rugby League or American football permissible in Islam?

Shaykh Muhammad ibn AdamRead

Are Pensions Lawful?

Shaykh Muhammad ibn AdamRead

Car Membership and Insurance

Shaykh Muhammad ibn AdamRead

There are two types of bonds: 1) Prize Bonds £1 buys you 1 bond. No interest is accumulated or paid. You are always able to redeem your bonds for cash – the same amount as you paid originally. Periodically, a number of ‘prizes’ are distributed and every bond has an equal chance of winning a prize. You may win much or nothing. But you cannot lose your investment. 2) “Bonds” in the traditional sense You can purchase, for example, government bonds whereby you invest £1000, on which the government will guarantee you a 4% annual return. There is no doubt that that number 2 is purely riba-based and hence haram as you have mentioned previously on your website. My question is whether number 1 is also haram?

Shaykh Muhammad ibn AdamRead

Prize Draws if the Tickets are Free

Shaykh Muhammad ibn AdamRead

Donating Life Insurance Policy Money

Shaykh Muhammad ibn AdamRead

Lottery Funding for Islamic Projects

Shaykh Muhammad ibn AdamRead

Mortgage and Car Insurance

Shaykh Muhammad ibn AdamRead

Pursuing an Actuarial Career & Working in Takaful Companies

Shaykh Muhammad ibn AdamRead

Am I at sin for pushing my parents to sell their house?

Shaykh Faraz Adam, Shaykh Ismail DesaiRead

My father took out a life policy. My mother was the original beneficiary and she gave her share to us two sisters. My mother passed away 7 years ago and my father passed away 2 years back. Where will the money go?

Shaykh Ebrahim DesaiRead

What is the permissibility of the following policies: 1) Death Benefit 2) Trauma Benefit 3) Disability Benefit 4) Occupational Disability Income?

Shaykh Ebrahim DesaiRead

I am working with an American Title Insurance and Mortgage company in as a process trainer. I have also invested in stock market and Islamic forex. Could you please help and make me understand whether I am in a wrong profession?

Askimam.orgRead

I work in an insurance company, please let me know if it is haram?

Askimam.orgRead

I know that betting is forbidden in Islam. But is working on a betting company as a software engineer is forbidden or bad as well? Last week I had an interview with a company, they are betting company and looking for a software engineer. And I am worried that if I work

Askimam.orgRead

Is ambulance coverage permissible?

Askimam.orgRead

I want to know about FOREX trading.  In FOREX trading, currencies are traded over the counter with exchange rates varying in response to market forces. Currencies are always traded in pairs, one against the other. For example, the highest volume pair in the Euro/U.S. Dollar, which has the ISO (International Organization of Standardization) code EUR/USD. When the exchange rate is quoted, it looks something like EUR/USD = 1.3116. This means that it takes $1.3116 to buy one Euro. This is not money on money like interest or gambling. This is similar to the stock market, but on a far larger scale and has an equal number of loss or gain probability.

Askimam.orgRead