عربي
21 ذو الحجة 1440  ,  22 آب 2019

All Fatawaas

Ruling on Developing Software for Riba-Based Transactions Our Company is specialized in software development. Recently, we were asked to develop the software of a conventional bank to help clients open accounts there. What is the ruling of Sharia on that? • Read More
Ruling on Margin Financing What is the ruling on lending a client an amount larger than that which he had deposited forbuying stocks at the Amman Stock Exchange; knowing that the financial intermediary (Company) charges a commission against each buy and sell activity undertaken by the client? • Read More
Ruling on Building Decorations for Stores through Murabaha What`s the ruling on financing stores' decorations through Murabaha sale/transaction? • Read More
Ruling on Guaranteeing Loans against Commission What is the ruling on dealing with a company that guarantees loans, where it concludes agreements, with banks, stipulating that whoever fails to pay off a loan, the company will cover up to (80%) of that loan in return for taking (1.5%) from the total of that loan? • Read More
It is Forbidden to Sell Gold Via Murabaha Contract What is the ruling on buying gold via staff provident fund on Murabaha basis where the fund purchases the gold and sells it to the members of the staff by installments? • Read More
Some Rulings on Trading with Gold What is the ruling on selling and purchasing gold along with mentioning the regulations governing that? • Read More
Ruling on Waiving/Forgiving a Portion of Debt against early Settlement Someone has bought a car through a Provident fund based on a Murabaha contract. Is it permissible to waive a portion of the payments due on him in return for early settlement of the rest of the debt? • Read More
Ruling on Spending Moratorium Interest on One`s Relatives I have filed a suit against a certain party because of its procrastination in debt payment. As a result, I received a financial compensation in addition to the moratorium interest. Is it permissible to spend the latter on my mother and sister`s treatment? • Read More
Passed away while Indebted to a Usurious Bank My father passed away while he was indebted to a usurious bank; however, an insurance company paid it off. Does this make him free from the liability before Allah, knowing that some of his heirs were planning to pay it off because, in principle, it is unlawful and must be defrayed? • Read More
Paper Currency Takes the Rulings of Gold and Silver What`s the ruling on paper currency according to the Shafie school of thought; particularly in terms of the possibility of the occurrence of Riba and the obligation of paying Zakah? • Read More
Ruling on Buying Gold with Uncollected Checks What is the ruling of Sharia on buying gold with uncollected checks? • Read More
Selling Gold with a False Karat I`m in the gold business. We receive 17,5Karat gold from the gold workshop, and sell it to customers as 18Karat. However, we buy it from them as 17,5K because the workshop takes it from us on that basis. What is the ruling of Sharia on this? • Read More
Exchanging Old Gold Items for New ones of Different Weight I work in the gold business where I receive new gold items from the trader in return for old gold items of a different weight. For example, I exchange 105 grams of 18K.old gold for 100grams of 24K. of new gold. What is the ruling of Sharia on this? • Read More
Ruling on Exchanging Gold for Gold with Paying Goldsmith`s Wages I work in the gold business where I exchange gold for gold with equal weight in addition to paying goldsmith`s wages, what is the ruling of Islam on this? • Read More
Payment should be Made on the Spot when Selling Gold for Cash I work in the gold business, and usually the customer buys the gold and pays for it; however, he asks the seller not to stabilize the price until he reviews the quotation of prices. Later on, he calls the seller when the price reaches the level that he requested. What is the Islamic ruling on this? • Read More