Home » Posts tagged 'Government' (Page 4)

Answers with Tag: Government

Partnership on Paper

Is Investing In Bitcoin Permissible or Not?

Will the Consequences of Fornication Affect One Who Has Repented?

Do I Need to Repay a Canceled Loan?

Do Non-Muslims in Muslim Lands Have to Live According Islamic Rulings?

How Can I Convince My Abusive Dad That He Needs to Provide for Us?

Health Care

Life, Car, Health Insurance

Copyright

What say the eminent muftis regarding the 401k plan, which is a fund instituted from the government, related to the retirement. Every month some of the income is deducted to deposit that amount in the fund, one can not touch that fund until the age of 59.5, so, the question is when some one receives that amount would he/she have to pay zakat on the received amount immediately or after a complete year of time.

Rules regarding promises

I want to know weather the money deposited for a girl (amont:50000) for 7 years in indra vikas patr contains more than 50000 after 7 years, so is it permissible to use that extra money got after 7 years. Is it correct to make Dua after faraz namaz, or Dua must be done only after the completion of whole namaz.

I am looking to buy house. I was told that there are a few bank/financial corporations that offer Islamic Financing. They are: Devon Bank http://www.devonbank.com/popup/Islamic_overview.htm Guidance Financial http://www.guidancefinancial.com/ They provide a rent-to-own option. My concern is that they calculate the rent based on the current interest rates that are set by the Federal Government. As a matter of fact, their rates are higher than a conventional bank. So is it ok get a loan through Guidance or Devon, even though they charging rent based on the current interest rate. Plus they are charging a higher rate than the regular banks. So then what’s the difference between getting a long through Guidance/Devon versus getting a loan from a regular bank. Your input on this will be truly appreciated.

Since medical expenses are so expensive and nearly unaffordable in this country, is it okay to buy Medical Insurance?

I have been made aware of a compliance/financial audit job with Federal Reserve. I do have a friend working there who told me that I am qualified for the position there. Federal Reserve is not like a regular bank where it lends money on interest to consumers. It is more of a regulatory body of the Federal Government that governs economy, and other banks for compliance with government regulations. It is the bank that prints currency bills. I am presently working for a large public accounting company and am exclusively working on audits of commercial banks that lends money to consumers on interest. Is it halal for me to accept this kind of Federal Reserve job?