The reality of inflation

The reality of inflation In the name of Allah, the most Beneficent, the most Merciful.   Answer The reality of inflation is that there is excess on one side and in truth it is exchanging money for money with more from on...

Is it permissible to sell VCR’s?

Is it permissible to sell VCR’s? In the name of Allah, the most Beneficent, the most Merciful. Answer It is permissible to sell TV’s and videos as they can be used in a permissible manner as well as in a prohibited...

Can I rent my space to ATM machine?

Can I rent my space to ATM machine? Is that income from an ATM halal? In the name of Allah, the most Beneficent, the most Merciful. Answer Most ATMs are connected to interbank networks, which is a computer network that c...

Paying through Instalments

Paying through Instalments  In the name of Allah, the most Beneficent, the most Merciful. Answer It is permissible to purchase items on deferred payment and also on a fixed number instalments at determined times, with a ...

Buying a car using an Islamic Loan

I am living in DUBAI I want to buy a car, here a system in UAE that some banks have common offer in the name of Islamic finance that they first purchase the car from car dealers like 73000 AED and they give this car at t...