I import a specific type of chemical from a company. The company only sells its products to me in my country as I am the agent of the company. Someone told me that if a good has a certain market price than one cannot cha...

I have been working in Financial Services, advising clients on Pensions, Investments and Insurance – Life / Building & contents as well as commercial insurance for 15 years, but my family has always been unhapp...

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...

Life Insurance money In the name of Allah, the most Beneficent, the most Merciful.   Answer With regards to life insurance, the correct view is that it is haraam in Islam. There are three reasons for the impermissibility...

Is it permissible for me to insure my house If I pay no interest.  If it is not permissible how can I Islamically protect my home financially In the name of Allah, the most Beneficent, the most Merciful.   Answer There a...

Trusts or Schemes which are based on interest. In the name of Allah, the most Beneficent, the most Merciful.   Answer Wherever there is riba and interest involved, such a scheme will be unlawful. Saaiduna Abu Hurairah Ra...

Is shower or boiler breakdown cover permissible? In the name of Allah, the most Beneficent, the most Merciful. Answer It is permissible to have a breakdown cover for showers and boilers. A breakdown cover is different fr...

Are Bank CD Certificates permissible? In the name of Allah, the most Beneficent, the most Merciful.   Answer Certificate of deposit or CDs are similar to savings accounts in that they are insured and thus virtually risk-...

An alternative to a conventional mortgage In the name of Allah, the most Beneficent, the most Merciful. Answer It should be borne in mind that buying properties on a mortgage is not permissible as it is interest related ...

I want to ask about halal & haram money I am in a food company in charge of products.  The other is a salesman, he is saying that I should send him an extra item but not include it in the list and that he will give m...