1

investment

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

I want to know about bank savings/investment, whether this profit is HALAL as Meezan bank claim.links are

Answered by Askimam.org

Asalam O Aliakum I want to know about bank savings/investment, whether this profit is HALAL as Meezan bank claim.links are http://www.meezanbank.com/pages.aspx?iPageId=91 http://www.meezanbank.com/pages.aspx?iPageID=50   Please confirm, is it Islamic way of investment or suggest any other way to invest money for halal profit. Answer In the name of Allah, Most Gracious, Most Merciful Assalaamu `alaykum waRahmatullahi… read more »

Mahomed wanted to open a business. He approached his friend Zaid for help. at partnership(50/50). Mahomed invested R60000.00 and Zaid invested R60000.00 plus the equipment..How do Zaid and Mahomed dissolve this partnership?

Answered by Askimam.org

Mahomed wanted to open a business. He found a premises and approached his friend Zaid for help. It was agreed that they would go into partnership(50/50). Mahomed invested R60000.00 and Zaid invested R60000.00 plus the initial shelving, computers, signage, initial travelling expenses and other odds and end totalling R100000.00. Therfore Zaid invested a total of… read more »

What is the ruling about SASOL INZALO Shares?

Answered by Askimam.org

What is the ruling about SASOL INZALO Shares? Can you give some detail account… Answer In the name of Allah, Most Gracious, Most Merciful Assalaamu `alaykum waRahmatullahi Wabarakatuh Primarily, there is a difference of opinion among the Ulama in regards to the permissibility of purchasing shares in general. There are many aspects concerning shares that… read more »

IMPORTANT INVESTMENT ANNOUNCEMENT

Answered by Askimam.org

IMPORTANT INVESTMENT ANNOUNCEMENT Answer The Darul Iftaa have been receiving queries regarding purchasing shares in SASOL. We have also been informed that there are two alternatives in purchasing SASOL shares. Both these alternatives have conditions attached to the purchasing of the shares. It is our view that purchasing shares is not permissible. Kindly find link… read more »

I recently received my provident fund after 2 years of service to a company. …am i allowed to take out mine and the company’s contribution and utilise for my use ?

Answered by Askimam.org

I recently received my provident fund after 2 years of service to a company. included in this amount is my contribution, company contribution and the interest earned. am i allowed to take out mine and the company’s contribution and utilise for my use ??? if so ,what may i do with the interest earned ??? Answer… read more »

I am a Software Engineer,I do Software testing for applications. I work for a reputed Indian Software Company, they work for a Client called ‘Charles Schwab’ …

Answered by Askimam.org

I am a Software Engineer,I do Software testing for applications. I work for a reputed Indian Software Company, they work for a Client called ‘Charles Schwab’ . This is an investment Company, they also have various branches which also include a Bank.   Kindly let me know if i can work for this client ‘Charles Schwab’ . If i have to leave… read more »

What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance such as accounting? which i think does not involve interest. but i am not too sure.

Answered by Askimam.org

1.What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance such as accounting? which i think does not involve interest. but i am not too sure. 2.  When i was at university one day i had an exam which began… read more »

Sidebar