This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

Disability insurance

Answered by Muftionline.co.za

Q: Is an income benefit/provider insurance policy allowed whereby one will receive an income if disabled and cannot work. At the age of retirement the policy will lapse with no benefit. A: All forms of insurance are haraam and impermissible, since they contain the elements of interest and gambling. And Allah Ta’ala (الله تعالى) knows… read more »

Interest money

Answered by Muftionline.co.za

Q: I want to apply to study in Canada and for this purpose I need a GIC certificate. A GIC is an account which I will open in a Canadian bank to show that I can bear their living expenses. When I go to Canada, they will refund me my funds within a given period… read more »

Early settlement discount

Answered by Muftionline.co.za

Q: We have customers who buy on credit. Is it permissible for us to tell them that we will give them a discount if they pay before the due date? For example, the customer purchases goods worth R100 000 on a three month credit basis. The customer is told, “If you pay within one month,… read more »

Opening a kids entertainment area

Answered by Muftionline.co.za

Q: I am a businessman from Pakistan. I was looking into a new business opportunity which is in the kids entertainment industry. I was keen to know whether this sort of business is halal or not. Basically we are looking into opening a kids play area which will have a softplay area and will have… read more »