QUESTION: If one has a rental property and the non-Muslim tenant requests that his deposit be placed in an interest-bearing account, which based on feedback from property agents, is his right according to the Housing Act, will it be permissible to sign such an...
QUESTION: I'm a revert but unfortunately my father has not yet accepted Islam. He has a farm with lots of pigs from which he earns money, and he sends my pocket money as well. Is this money Halaal for me to use? And what will be the right thing to do if in future I'm...
Question:- My father's business is financially struggling as has consequently incurred a number of debts. If he changes the business name, and liquidates the previous business, will his income be Halaal? Answer:- By liquidating the business and changing the business...
Question:- I am currently studying 3d Design and I intend to work as a environment artist that will design 3d objects such as trees ,walls etc . The only problem is that I will be receiving my income from gaming companies , advert companies and Architecture Firms ....
Question:- Is hawala business is allowed, for example, if I sell dollars and add a 60 cent mark up on the rate, is this allowed ? Answer:- If by the term ‘Hawaala’ you mean selling USD in lieu of another currency at a higher rate (in comparison to the bank rate), then...
Question:- 1. Is a living annuity permissible for me to take out upon retirement. 2. If I have a voluntary Retirement annuity, I don't have access to the money until Retirement. Do I pay Zakaat on this? 3. If I take out an investment, my money is with the investment...
Question:- The shop has a computer system whereby the selling pricing is captured and set on the computer. Sometimes the salesperson manually increases the saved selling price by R10 - R20 more when scanning items to accommodate for losses due to theft. Is this...
QUESTION: Is life cover that is imposed upon by the lending company acceptable for a short term loan. The insurance covers loss of salary, disability and death on the outstanding balance. In the event the borrower is deceased, the amount owing becomes fully paid....