QUESTION: My parents had invested some of our money when we were younger into Vodacom and Telkom shares. I was told that when the dividends are received annually, I should remove 50% due to interest, and use the remaining 50%. I now intend on selling the shares to use...
QUESTION: What is the rulling regarding interest in Darul Harb? Some Muslims based in countries like France, Belgium and the UK claim that these countries are Darul Kufr and Darul Harb, thus legitimizing the Riba. What is the Hanafi Madhab ruling in this regard?...
QUESTION: There are seven co-owners who jointly own a building. From those seven, four individuals have a separate partnership who run a business in the building. At the time of renewal of the lease, the negotiations were left inconclusive, due to the four partners in...
QUESTION: Is it permissible for a Muslim to design, print, or embroid symbols associated with other religions? The work is carried out strictly on a one-to-one basis, with no form of advertising, promotion, or intention of endorsing those religious beliefs? ANSWER:...
Q1. A customer had agreed to pay me for a car bought in instalments over two years. For the duration of the two years, the car would still be under the seller's name and the log book was going to remain by the seller as well. However, the buyer fraudulently acquired a...
QUESTION: I am seeking guidance regarding the Shari' compliance of forex trading. I would like to present my situation clearly to receive proper advice. Key Considerations Forex Accounts: I understand that trading with personal live funds may involve certain forms of...
QUESTION: My mother had invested money with Amaanah a while back. She has been trying to sell the shares but it's proving to be a challenge at the moment. Is it permissible to use any income derived from it? ANSWER: If the money was put into such an investment which...
QUESTION: Person X was selling an investment product or helping clients sign up for company A. Company A was doing very well for 2 to 3 years. After 3 years, company A started experiencing problems and stopped payouts. Person X had no Mushaarakah deal with any...