Mushaarakah

Person A and B go into partnership, person A and B both put £3000 into the business, they invest a total amount of £6000, after several months person B finds that he cannot cope with the pressure of the business and deci...

Investing into Stock Exchange

Is investing in the stock exchange permissible or not? If one is able to pay the money before interest becomes due, is he allowed to have a credit card? Is the Finance System from an Islamic Bank permissible to take to c...

Selling Fireworks

Selling Fireworks Hazrat Moulana Ashraf Ali Thanwi (ra) in Bashti Zewar (p373) has said, “The use of fireworks on certain occasions or festivals is objectionable and not permitted. It is a sheer waste of money and the Ho...

Pension Scheme

Please can you clarify the position of the pensions we are offered at work. Are we allowed to accept this? In reference to your question regarding a pension scheme as to whether it is permissible in the eyes of the shari...

What is the ruling on interest?

What is the ruling on interest? It should be understood that taking and giving interest is counted as one of the gravest and heinous sins in Islam. The Holy Prophet (saw) has said: ??? ???? ???? ? ??? ?????? ?????? ?????...

Islamic Mortgage

Islamic Mortgage  An Islamic mortgage is an ethical mode of finance, which derives its principles from the Quran and the Hadith. The Islamic mortgage provides a permissible alternative to an interest based mortgage by al...

Investing into land

A family wants to invest into under developed land in Dubai, the family has a friend in England to which you give money to and he invests the money for you, the family wants to invest 300k very quickly, they had a meetin...