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Islamic Finance Concepts

Question: I live in Saudi Arabia and my concern is,if i can buy car on lease or on installments from company it self or by third party. Please clear the concept of installements and if it is permisible in Islam. Answer: In the Name of Allah, the Most Gracious, the …

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Islamic Home Finance Solution

Question: Due to my income, I can’t get an approval from one of the Sharia financing companies here in USA, like Guadance, LaRiba or Ijara, but I can get an approval from other banks. The question I have is, what if I go with another bank with 30 yrs financing …

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Shariah Compliancy

Question: I have give money to builder for investing purpose he will invest this money in his projects when he sell flats he will return an amount as per loss/profit is this permissible according to shariah ? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu …

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Shariah Compliant Alternatives

Question: I bought sofa set in installment and once again it was written in the receipt that the sofas will remain the property of the shop until paid in full. I said you can’t do that. They said we have to write this otherwise we won’t be able to claim …

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Binary Options

Question: Recently I got answer related to binary option trading which is impermissible. It was clear. If that amount of money received earlier or now due to previous trading, since at that time i am ignorant of its permissinlity, may i deposit it to someone desperately in need to pay …

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Posters

• My Pledge As A Muslim Doctor • COVID-19: Lockdown Advices | A Humble Appeal • Dua at the Approach of Ramadaan • Du’ā’ to be recited on Laylatul Bara’ah Night of Emancipation – 15th Shabaan • Taraweeh Guidelines | COVID-19 Lockdown • Dua Upon Sighting the New Moon • Sunnah Dua Upon Opening One’s Fast • …

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How is it determined that a shart is متعارف ?

Question: In Hidaayah (part 3) in the chapter of باب البيع الفاسد (p. 117, Maktaba Bushra version) the musannif explains the issue of those shuroot that make an aqd faasid.  He explains that if the shart is such that is in the category of لا يقتضيه العقد, then the bay’ …

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