Interest

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Determination of Eid al-Adha

Albalagh.netRead

Parents Role in Marriage Decisions

Shaykh Ebrahim DesaiRead

Shaykh Taqi UsmaniRead

What is Istikharah and what is the proper way of performing it?

Shaykh Ebrahim DesaiRead

Can Interest Income Be Applied Toward Taxes?

Shaykh Taqi UsmaniRead

Interest Bearing Loan for House Purchase

Shaykh Ebrahim DesaiRead

Insurance Coverage on Consumer Items

Shaykh Ebrahim DesaiRead

Opening Interest Bearing Account to Reduce Cost of Buying Stock

Shaykh Taqi UsmaniRead

Interest Dealings in Non-Muslim Lands

Shaykh Ebrahim DesaiRead

Installment Buying

Shaykh Ebrahim DesaiRead

Expulsion of non-Muslim Forces From the Land of Two Harams

Shaykh Taqi UsmaniRead

Helping a Sister Who Bought a House Through Interest Based Financing

Shaykh Ebrahim DesaiRead

1- If the payments of the credit card bills are made to the Credit Card company on due date, whether its use for buying will be Halal or not? 2- If the payment is some times delayed and made with additional charges, what will be the Hukm? 3- If some one draws some cash from the Cash Machines against the limit he has been assigned by the credit card company, whether the use of this cash amount will be Halal? Abdul Rehman (Muhtamim Ma’had Al-Faqeer Al-Islami Pakistan)

Shaykh Taqi UsmaniRead

Central Bank Employment

Shaykh Taqi UsmaniRead

Consulting for a Bank

Shaykh Taqi UsmaniRead

There are media reports of a new Al Azhar declaration on Interest. This poses a serious dilemma for us in the West and your guidance is needed as to how we should deal with it. [Abdul Hai Patel]

Shaykh Taqi UsmaniRead

Atlanta Interest Free Investment Fund for House Purchase

Shaykh Taqi UsmaniRead

Advice To The Trustees (Mutawallis) Of The Masjids

Albalagh.netRead

ATM Leasing and Sales

Shaykh Taqi UsmaniRead

I work in a software house as software engineer. We build software product for NYSE, CBOE etc. The product is used to create orders for equity and 0ptions. There are also other functions in the system as well related to the trading. The product is only used for operations related to order creation and routing. There is no risk management, interest management or any other such management involved in it. Although one component of the system is involved with commission calculation and allocation of shares at end-of-day of the trading. Please note that the same product is also used for equity trading. Now I have read that option trading is not allowed in Islam, so I want to know if building such software products for option trading would be halal or haram? And salary earned by such work would be halal according to Islam?

Shaykh Shafiq JakhuraRead

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