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62 fatwas

  • Payment of first month's salary as commission for work

    When we wanted to work in a foreign country we approached an agent who is also a Muslim and applied for the job. He put a condition saying that we should pay our full first month salary as his commission. Is it Halaal for him to take this and for us to give this payment?.. More

    90177 15-6-2005

  • Pension plans for employees

    I would like some clarification on "Pensions for Retired Workers", Fatwa: 89640. Is pension then a kind of insurance, so that it falls under Gharar transactions which are forbidden for us? Can a retiree accept pension even if his place of work (or employer) does not require him to make contributions pre-retirement? .. More

    89998 22-5-2005

  • Pensions for retired workers

    Is the system of paying pension to retired workers right in principle in Islam? Does it matter whether the retiree had made contributions pre-retirement? What if the retiree lives long, so that his pension now exceeds his pre-retirement contributions? .. More

    89640 24-3-2005

  • Forex transactions for Muslims

    My question is about on Online Forex Trading. My question is as follow with a little introduction on Forex. "Forex, or Foreign Exchange, is the simultaneous exchange of one country’s currency for that of another. We provide foreign exchange for the purpose of investor speculation. The investor wishes to purchase or sell one currency for another.. More

    88475 23-8-2004

  • Buying on the Easy Home Policy in Pakistan

    I know that banking business is un-Islamic due to Ribaa. However, recently there is a new bank in our country called Al-Meezan Bank. They claim it to be on Islamic lines. They have an Easy Home Policy. In this policy, if you buy a property of let's say of Rs.10,00,000 and they contribute approx. Rs.8,00,000. They become your partner in that house... More

    88471 23-8-2004

  • Home purchasing in the US

    I am considering to purchase a house in the US. Since it is impossible for me to have $250,000 in cash to buy the house, I only have three options, listed below, that require your guidance. Option-1: I can take a conventional "home mortgage" bank loan to buy the house. The problem is, it involves interest "Riba" to be paid for the life of the.. More

    88430 18-8-2004

  • Social security in Jordan

    Is the social security in Jordan Halal or Haram?.. More

    87590 27-4-2004

  • Seeking lawful investments in Japan

    Since I live in Japan and where one can hardly find those kind places I was hoping that you could give me some leads for the lawful fields where I can invest my money and get profit without indulging in Haram, could you?.. More

    86561 30-12-2003

  • Studying and Working in Accounting, Finance ...

    In fact I'm a 24 years old Muslim born in Guinea and now living and studying in New York, U.S. My question is that concerning the Islamic verdict on studying certain western subjects such as: accounting, finance,.. etc; and later on working in those fields. .. More

    86231 14-9-2003

  • What to Do with Social Benefits and Allowances

    In many parts of the world, people receive social benefits. These benefits can be for various purposes. Some are old age, disability allowance, unemployment benefit, student allowance, etc. Should we Muslims consider these allowances as Zakah? Is one allowed to go for Hajj, Umrah, etc. with this money? Is one allowed to give donations out of this money?.. More

    85303 11-12-2002

  • Participating in Internet business

    Is it Halal to work or to participate in this company, www.biznas.com? What about the money gained from it; to take part you have to buy a card of 100 dollar?.. More

    84635 6-8-2002

  • Spa services for women

    I have plans to open a Women's Day Spa. My brother will be the interior decorator and designer and my father an investor. We are all interested in what, if any, of the following treatments would be considered "Haram" before we proceed with the venture:1) Pedicure and Manicure with no nail polish.2) Massage and Tension therapy.3) Cellulite treatment.4).. More

    83923 1-4-2002

  • Taking commission from a doctor

    Is it Halal to take a commission from a doctor for bringing him a customer?.. More

    83648 15-1-2002

  • Network marketing

    Is network marketing considered Haram?.. More

    83326 24-9-2001

  • Letters of Credit

    Nowadays the businessmen take a letter of credit from a bank for export and import. The bank gives them security and charges some amount. Will it be a Riba/interest or commission? Is it permissible or not? Please guide with reference and give the solution for traders. .. More

    82739 10-4-2001

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