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usury

This answer was collected from MuftiSays.com, based in London (UK). It is one of the fruits of Darul Uloom London. Many ‘ulama are involved in answering the Q&A on the site, including: Shaikul Hadeeth Mufti Umar Farooq Sahib, Mufti Saifur Rahman Sahib, Mufti Abdullah Patel Sahib, Maulana Qamruz Zaman Sahib, Mufti Abu Bakr Karolia Sahib.

Car Insurance claims

Answered by Muftisays.com

Assalaamu ‘Alaykum Warahmatullaah, I know that in the UK it is permissable to have car insurance due to the fact the the law of the land makes it obligatory. However, what happens in the situation where you have insurance and you become involved in a car accident. Is it permissable to claim the money for… read more »

Bank shares

Answered by Muftisays.com

respected muft saab asalamualikum, i have recieved money from bank shares, what i can i spend this money on? can i spend on someone who is entitiled to zakat? or on relatives who need health treatment?or any other suggestions?jazakallah Answer Bismillah Al-jawab billahi at-taufeeq (the answer with Allah’s guidance) Receiving money from the bank shares… read more »

Bank Interest

Answered by Muftisays.com

I have deposited a sum of money in a Bank with the intention to pay our house rent & treatment of my elderly parents. The bank in in return will give me a sum of money monthly basis. My question is the deposit money in Bank haram ? Answer Bismillah Al-jawab billahi at-taufeeq (the answer… read more »

Islam’s Position on Prevelant Forms of Insurance

Answered by Daruliftaa.com

The Imam at our mosque said today in his sermon that Insurance is “haram”. His explanation was that you can’t benefit / profit yourself against something that is hidden, i.e. isn’t yet known. Could you please provide some detailed information on this? ANSWER In the name of Allah, Most Compassionate, Most Merciful, What the Imam… read more »

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1. Will a person be discharged from his obligation of zakāh if he gives something other than cash? 2. Is it permissible to charge the debtor the lost value of the current currency against another currency?

Answered by Askimam.org

I wanted to find out if it is permissible to give out new or old but unused clothing items and items like carpets that we sell in our store? If yes, then how would I calculate the zakāh of the items as we have had them in stock for the last couple of years? Do… read more »

My question is that some Muftis like Mufti Taqi Usmani has said that islamic Banking is JAIZ in islam . ..other Muftis like Mufti Zar Wali Khan said that it is not Jaiz in islam.

Answered by Askimam.org

my question is that some Muftis like Mufti Taqi Usmani has said that islamic Banking is JAIZ in islam . Please answer me briefly how it is JAIZ  and in what conditions? Some other Muftis like Mufti Zar Wali Khan said that it is not Jaiz in islam. Answer In the name of Allah, Most… read more »

Iam a MCA GRADUATE,my question is whether i can applay for the bank job,becuase the jobs in the bank surrounded by itrests.yhat is why iam asking ,or can i applay for the IT officer instead the clerk post?

Answered by Askimam.org

iam a MCA GRADUATE,my question is whether i can applay for the bank job,becuase the jobs in the bank surrounded by itrests.yhat is why iam asking ,or can i applay for the IT officer instead the clerk post? Answer In the name of Allah, Most Gracious, Most Merciful Assalaamu `alaykum waRahmatullahi Wabarakatoh Firstly, Nabi (Sallallahu… read more »

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