Question:- Two weeks ago a family member of ours requested that we lend him some money because his geyser had burst ! Because he is staying in a block of flats the insurance covers burst geysers etc. (Please note that he does not have insurance.) The building manager...
Question:- If a tenant is renting a premises from me and mounts fixtures and fittings on the premises then according to the law of the land, he has to leave the fixtures and fittings when vacating the premises according to my understanding. What is the Shariah ruling...
Question:- I work for a company that sells cars. As an employee, in my free time, can I sell cars to such customers whom I met whilst at work at the company? If I made a profit on a car, who will the profit belong to, me or the company? Answer:- The customers that...
Question:- Can interest money be given to Zakaatable Madrasah students book their tickets to go home? Answer:- The recipients of interest are individuals that are eligible to receive Zakaat. However, we advise that poor students should be assisted with Zakaat and...
Question:- Are performance bonds permissible? Please check the following link: https://grow.exim.gov/blog/surety-bonds-for-exporters-what-is-a-performance-bond Answer:- Based on the information submitted, performance bonds fall in the category of gambling, hence...
Question:- What is the ruling in regards to the following: A building is being bought where the bank is a tenant. The bank will stay on as a tenant for 12 more months after the purchase. Is the rent that’s paid for the first 12 months Halaal, and can the income be...
Question:- What is the status of the following sentence: "My money is my money, and his money is my money"? Can one say that the husband is responsible for the wife, thus, she also has a share in his money and quote the above? Answer:- The quotation in question holds...
Question:- I needed clarity on the following matter. I am providing capital to a friend for his business. This money is given as a Loan and will be paid back when I request.. The businessman uses the money, buys drinks and resells it to shops . We made an agreement...