Question:   1.    If I am a middleman in a property transaction i.e. I am able to get hold of a property cheap because the owner is in financial difficulty and is struggling to pay the mortgage which would be either capi...

Forex Markets In the name of Allah, the most Beneficent, the most Merciful. Answer There are two possible situations to your question. If by Forex markets you mean the foreign exchange market, which allows banks and othe...

Claiming for compensation after being attacked In the name of Allah, the most Beneficent, the most Merciful. Answer Saaiduna Abdullah Ibn Abbas Radiallahu Anhu narrates that the Prophet of Allah Sallallahu Alahi Wasalam ...

Is it allowed to file for bankruptcy in Islam? Answer: In the name of Allah, Most Compassionate, Most Merciful. If the borrower is poor and does not possess the means to pay off the loan, then the Quran gives advice to t...

Woman’s ownership on properties In the name of Allah, the most Beneficent, the most Merciful. Answer According to Islamic law, a woman’s right to her money, estate or other properties is fully acknowledged. This right un...

Charging commission In the name of Allah, the most Beneficent, the most Merciful. Answer In a situation where the commission is fixed, such as when the broker sells a car and charges £100 for the brokering service, then ...

Repaying loans with excess on one side In the name of Allah, the most Beneficent, the most Merciful. Answer Asking for a loan or taking a loan is permissible as long as one has the intention & means of paying it back...

Around 5 to 6 years ago I took out a series of bank loans and credit cards and catalogue accounts but I did not pay any of them back. I am now trying to sort all my previous errors in life I have come across these debts ...

Is it permissable to use a credit card?When we purchase anything using Credit card we are get Bonus/ Reward points on every £100 we spend. I want to confirm that these rewards points after redemption provide us gift vouc...

Interest Money to print leaflets In the name of Allah, the most Beneficent, the most Merciful. Answer The recipients of interest money are the poor and destitute. Some scholars have said that one may use the interest mon...