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Hanafi Fiqh

Question Regarding cryptocurrency XRP

Assalamu Alaikum, Hope everyone is well by the grace of Allah (SWT). My question is regarding XRP. XRP is the native cryptocurrency for products developed by Ripple Labs. Its products are used for payment settlement, asset exchange, and remittance systems that work...

Hanafi Fiqh

Etihad Travel Voucher

Etihad Travel Voucher Question Is the following scheme offered by airlines such as Etihad permissible or would it be regarded as interest? ‘Buy an Etihad Travel Voucher between 10 – 24 June and we’ll add 50% to the value of your voucher for free....

Hanafi Fiqh

Old Mutual superfund

I hope and pray that when you receive this communique, that you are enjoying the best if health and spiritual well-being, إن شاء الله ﺗﻌﺎﻟﯽٰ. We’ve recently been requested by our company to complete beneficiary forms for a group cover that the company has taken on our...

Hanafi Fiqh

Arranging finance

Can you please advise on the following, I run a business selling cars, the business was started with money saved up, not with a loan. We arrange finance at the request of the customer, we do not provide the loan for the vehicle the finance company does, we don’t take...

Hanafi Fiqh

Zakat on saving money to build a house

Assalamualaikum….my father keep 100000rupees to build a house we don’t have house we are living in our nani house …my father income is also less will zakat will be valid on that money ? Answer Wa’alaykum as Salam wa rahmatullahi wa barakatuhu, Since the funds saved...

Hanafi Fiqh

Zakat

Assalamualaikum wa rehmatullahi wa barkatuhu. My zakat due date is in Feb. But this year either in Aug/Oct I might have to use my savings partially or completely.so in this case what should be done. Should I pay my zakat now or should I delay it till late and pay on...