With the introduction of Islamic banking and Islamic products such as (takafol (halal insurance) and halal mortgages) I was wanting to undertake gainning some qualifications in islamic finance and islamic investments. No...

Is Investment Banking permissible? In the name of Allah, the most Beneficent, the most Merciful. Answer Investment Banking is permissible as long as there is no interest involved. Only Allah Knows Best Mohammed Tosir Mia...

Is it permissible to accept an item from someone with the condition that I can use it for however long, but when I wish to sell it the amount will be given to the one who gave the item? In the name of Allah, the most Ben...

Using someone else’s Internet connection or network? In the name of Allah, the most Beneficent, the most Merciful. Answer The general ruling is that one cannot use another’s property without their permission. In most cou...

Can I pay my car insurances in monthly instalments or do I have to pay it yearly? In the name of Allah, the most Beneficent, the most Merciful. Answer Briefly, it should be understood that all types of insurances are imp...

What is the ruling on mobile phone cashback contracts? In the name of Allah, the most Beneficent, the most Merciful. Answer HOW IT WORKS (A)  Orange for example makes an agreement with (B) example a high street shop that...

Having breakdown cover with AA or RAC? In the name of Allah, the most Beneficent, the most Merciful. Answer To become a member of the AA, RAC or any other company for breakdown of the car is permissible. A car membership...

What should a person do with interest money?  In the name of Allah, Most Gracious, Most Merciful Answer: Allah states in the Quran,“Allah has laid His curse on usury and blessed charity to prosper. Allah does not love an...

Is it permissible to work in cinemas? In the name of Allah, the most Beneficent, the most Merciful. Answer Having a job where ones income is 100% lawful is a very important part in ones life. Being a true and practicing ...

Is Currency Trading & Margin Trading permissible? . In the name of Allah, the most Beneficent, the most Merciful. Answer It is stated in Hidayah that Bai-sarf is that transaction where both the buyer and seller are m...