Question:- My question is regarding company insurance. My brother has started a solar installation company, which is still in its infant stages, as the company mostly does installation for residential areas. He, however, wishes to go into the commercial field and do...
Question:- Discovery have come out with a “Shariah Compliant” Medical Aid scheme. (https://www.discovery.co.za/medical-aid/dhms-shariah-compliant-arrangement) Is this permissible? Answer:- We are unaware of the modus operandi of the said medical aid scheme, hence...
Question:- We have a situation where a father of two daughters passed away some years back, and the estate has since been wound up and distributed. As part of the distribution, the daughters received funds which had been invested back then. The source of funds were...
Question:- I would like to find out about the Shariah life insurance policy offered by Capital Legacy Tazkiya scheme? Is it Shariah compliant, and if so, how is it structured? Answer:- We are not aware of the ‘modus operandi’ of the Capital Legacy Tazkiya scheme....
Question:- What is Mufti Saheb's Fatwa on Takafol insurance? Is it acceptable or not by the current model being used by the promoters of Takafol? Answer:- We do not approve of any insurance schemes, whether Takafol, or any other conventional insurance scheme. The...
Question:- Someone bumped my car and gave me their insurance details to claim directly from the insurance company. Is it permissible for me to claim from them? Answer:- The person that bumped your vehicle is responsible for damages. In the queried scenario, he is...
Question:- We are a software house that programs software for various industries all around the world. Clients tell us their problem and we solve it using software. Majority of our clients are from outside of Pakistan. Last year, a local company won a project from...
Question:- I'm a government employee. On a monthly basis there are compulsory deductions to the Government Employees Pension Fund. There is an option to buy back years of pensionable services. This will result in a larger Pension payout upon retirement/death. Is it...