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Shariah

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Question: Assalamu Alaikum!  My friends and I have begun investing in stock options, specifically using the long straddle strategy (NOT short) and I wanted to make sure it was all Halal.  Here is a Wikipedia link describing it, the first part is about the long straddle: http://en.wikipedia.org/wiki/Straddle  Using this strategy we purchase both put and call options on a stock before a big event (earnings, major news) so we benefit whether the stock moves up or down.  Some of use are earning very high returns in what has so far been very low risk trades.  There is no interest involved as we are not shorting a stock or borrowing anything from our brokers.  Please let us the status of these investments in the Shariah.

Shaykh Taha Abdul-BasserRead

Question: What are the principles to be used when getting a home loan that is in accordance to the Shariah from the various Islamic Banks?

Shaykh Taha Abdul-BasserRead

Question: My grandmother is about to die, it seems. How does one deal with death? What can I do for her?

Shaykh Faraz RabbaniRead

The Ruling of the Shafi’i Jurists on Celebrating the Prophet’s Birthday

Shafiifiqh.comRead

Rugs with Depictions of Animals

Shafiifiqh.comRead

Is it Halal to Develop Software for a Riba Based Bank?

Shafiifiqh.comRead

Introducing global center for renewal and guidance

Shaykh Abdullah bin BayyahRead

Is following Imam a must condition in Islam,who was the imam of the sahabah before these Imams.

Askimam.orgRead

Kindly inform me if the Futuregrowth Albaraka Pure Equity Fund is Shariah Compliant over a longer than 10 year period due to their having a Shariah Certificate only this year.

Askimam.orgRead

1) parents’ angerness …they always tell me that keep these pigeons on roof..but problem is that cat will eat my all pigeons ..roof is not safe…they are not understanding my prob..?

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Is any kind of family planning is allowed in islam?

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Is it permissible to eat some Halaal food (Like Cheese Burger or French Fries) from a Restaurant which sold Haraam diets also like Hamburger,wine etc

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Is the al-azhar university in cairo sahih as it had given the fatwa that money from bank is halal and also a film has its fatwa on it and now it has accepted fiqah jafriya as a 5 school of thought.

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Just need some clarification from a shariah point of view regarding obeying ones parents when marrying someone against their wishes.

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Can I do Electrical/Electronic engineering after which I may be employed for making Television sets, cameras, etc.?

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Is gelatin haram? Which types are not haram?

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I have intentions of taking admission in amadrassah after sometime in order to become an Alim. 3) What is the position of ‘urs’ in shariah which is celebrated on mazars?

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What does Islam say about dogs ?

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I would like to know if my sister who is 19 years of age,dresses islamically and respectfully should visit the graveyards o the holy saints(MAZAAR’S)?

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Is any thing in shariah, nikah be made without human witnesses and qazi.on some very extreme conditions.

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