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gold

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Zakaat on a Kruger coin for previous years

Shaykh Ebrahim Desai, Shaykh Faraz AdamRead

Is zakat due on my luxury sports car?

Shaykh Faraz AdamRead

Is possession necessary at the time of the transaction?

Shaykh Faraz AdamRead

Is it permissible for a Muslim to work as a bouncer at a nightclub?

Shaykh Faraz AdamRead

How will zakat be calculated on an investment in the Al Mabroor Buffalo Scheme?

Shaykh Ebrahim Desai, Shaykh Faraz AdamRead

Hair between the eyebrows, 9ct jewellery and determining the completion of menstruation

Shaykh Ebrahim Desai, Shaykh Faraz AdamRead

Do I have to pay zakat on my property?

Shaykh Faraz AdamRead

Zakat for previous years

Shaykh Faizal RizaRead

Name giving ceremony

Fatwa.org.auRead

Inheritance 6

Fatwa.org.auRead

Gold and silver utensils

Shaykh Faizal RizaRead

Giving zakat to family member

Fatwa.org.auRead

Finger rings and other jewellery

Fatwa.org.auRead

Calculating zakat on jewellery

Fatwa.org.auRead

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?

Shaykh Abdur Rahman ibn YusufRead

Zakat on white gold

Shaykh Mohammed Tosir MiahRead

Zakat on Silver rings

Shaykh Mohammed Tosir MiahRead

Zakat on money saved for fees

Shaykh Mohammed Tosir MiahRead

Zakat on money saved to buy a house

Shaykh Mohammed Tosir MiahRead

Zakat on Maintenance grant

Shaykh Mohammed Tosir MiahRead