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3168 fatwas

  • Trading in stock market Date: 6-2-2000

    Is trading in the stock market haram? If it is haram, what can I do with the shares I have right now and its value is less than the price I paid? How I can invest my money in a country like Canada and our countries have almost the same structure?.. More

  • Working for non-Government welfare organization Date: 2-2-2000

    According to the shariah are we allowed to work with non-government welfare organizations?.. More

  • Computer program for inheritence Date: 1-2-2000

    Is there a computer program to solve the shares of inheritance according to Islam?.. More

  • Buying house with bank loan Date: 30-1-2000

    I bought a house here in Norway and I had no other choice, in other word I was 'muthtar and I took a loan from a bank and, of course, I should pay interest. I have a large family with 5 children and it is almost impossible to rent a house here for such large families. What does Islam say in such circumstances?.. More

  • A loan taken 10 years ago has increased in value in the local currency; the original balance is due Date: 25-1-2000

    "My father who was living in Jordan borrowed ( 15,000) from his brother in America in1987. At that time the 15,000 equaled JD4,500 Jordanian Dinars, and my father exchanged the dollars into Jordanian Dinar and used them. Now, 10 years later, he is able to return the money to his brother, but 15,000 equals about 10,000 Jordanian Dinars and not 4500... More

  • Islamic finance Date: 23-1-2000

    I am trying to research on Islamic Finance and how it works (or how it "should" work) in today's world of dominating western finance and Riba'. SPECIFIC TOPICS include: How a merger transaction between two companies would be implemented under Islamic Law? Also how would it differ between two Islamic countries ( it shouldn't, since there's only.. More

  • Buying a Car on Installments With Interest Date: 19-1-2000

    What's the Islamic ruling regarding a person who wants to buy a car with monthly installments? There is no other alternative and the payments are subject to interest rates. .. More

  • Accepting gifts from Muslims dealing in corruption and bribery Date: 1-1-2000

    Is it allowable to accept a gift from a Muslim who is involved in corruption and bribery?.. More

  • Selling computer games Date: 28-12-1999

    Is it Halal to sell computer games? .. More

  • Paying Zakah on stocks Date: 15-11-1999

    I trade in stocks. Please let me know how does one work out the Zakat for stocks?.. More

  • Trading in stocks and interest Date: 15-11-1999

    I trade in stocks. Please let me know if the following are halal or haram: 1. a margin account (an account that lets me borrow for a few hours, days or months to buy stocks. The money has to be repaid with a variable interest); 2. day trading (buying and selling the same stock in one day or over a short period of time)? 3. futures and commodities?.. More

  • Bank Loan to Buy House in Lebanon Date: 21-10-1999

    Am I able to request a loan from a bank for buying a house in a country like Lebanon? .. More

  • Interest from Banks Date: 5-10-1999

    Is taking interest from banks haram or halal? .. More

  • Working with a Jewish man Date: 5-10-1999

    Is working for a Jewish man forbidden by God or not? .. More

  • Orphans' Family with Financial Problems Want to Put Money in Riba Account Date: 3-10-1999

    Asalam Alikum. Thanks God for finding a precious and helpful guide for Islamic people, I am confused and I do not know what to do concerning my problem. I am an orphan since I was three years old, my father has been kidnapped in the Lebanese war in 1982 and we have never heard from him since and we think he is dead, he left a family of three members.. More

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