Business & Finance · Subtopic

Investments, Shares & Crypto

683 fatawa from 9 South African Darul Iftas on Investments, Shares & Crypto, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.

Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.

By Darul Ifta

Ask Imaam302Mufti Online289Ibn Masood52Azaadville22Jamiat KZN9Camperdown4MUBZ3MJC1DU Zakariyya1

Investments, Shares & Crypto fatawa — page 11 of 18

  1. Mufti Online16 Feb 2016

    Making a proper investigation of the person one intends marrying

    I know one should not entirely rely on dreams when taking a decision for Nikaah and rather should make mashwarah. I do respect this process,…

    Mufti Ebrahim Salejee
  2. Mufti Online16 Feb 2016

    Investing in mutual funds, LIC policies and fixed deposits

    I want to know if I can do some investments in mutual funds, LIC policies, fixed deposits to save income tax?

    Mufti Ebrahim Salejee
  3. Mufti Online11 Feb 2016

    Investment scheme

    My father joins a profit-sharing business which guarantee a monthly dividend between 15% to 30% for up to 1 year (with no guaranteed principle). My…

    Mufti Zakaria Makada
  4. Mufti Online4 Jan 2016

    Zakaat on land purchased with the intention of resale

    Does one need to pay zakaat on land purchased abroad in 2008 with the intention of selling in the future? Currently the land is vacant as the prices…

    Mufti Zakaria Makada
  5. Ask Imaam15 Dec 2015

    I would like to know if it is permissable to buy other foreign currencies as an investment?

    I would like to know if it is permissable to buy other foreign currencies as an investment? For example: In South Africa the rand is fluctuating a…

    Ismail Desai
  6. Ask Imaam14 Dec 2015

    Conventional binary trading is impermissible

    My question relates to trading by "Big Option" an entity claiming to have Islamic Account for muslim traders. It describe that they are "riba-free",…

    Ismail Desai
  7. Mufti Online19 Nov 2015

    Becoming a private investigator

    I would like to know if a Muslim person can become a private investigator?

    Mufti Ebrahim Salejee
  8. Mufti Online10 Nov 2015Roman Urdu

    Invesment me feesat ke hisaab se nafa' ku mutaayyan karna

    Mene mere dost ko invest karne ke liye kuch paise diye he. Usne sath milkar zameen kharidi he aur jab wo zameen bechta he to uske andar jo bhi…

    Mufti Zakaria Makada
  9. Mufti Online3 Nov 2015

    Haraam investments

    I was investing in haraam till now. Although I didn't know about it, I was again trapped by one of my friends and again invested in haraam for which…

    Mufti Ebrahim Salejee
  10. Mufti Online1 Nov 2015

    Forex trading

    1. I want to say one more thing here that trading in gold online is a forex trading. It is like shares of gold. If I buy it, I will get like gold…

    Mufti Zakaria Makada
  11. Ask Imaam30 Oct 2015

    Binary options and forex trading are not Shariah Compliant

    I know binary options are imperssible, however to invest your money in third party such as an individual trader or an investment organisation who…

    Ismail Desai
  12. Ask Imaam26 Oct 2015

    Can you please tell me if my role in an investment bank is halal?

    Can you please tell me if my role in an investment bank is halal? I have attached the job specification for you below. Jazakallahu Khair. Please…

    Ismail Desai
  13. Mufti Online26 Oct 2015

    Online Forex trading

    It is right, you can't sell what you don't possess. But in online trading you actually not dealing with any party directly. It is new technology and…

    Mufti Zakaria Makada
  14. Mufti Online24 Oct 2015

    Stipulating the profits in proportion to the investment

    I have a question regarding an investment I made. I invested an amount with an owner of a clothing shop and it was pre agreed that I would receive a…

  15. Mufti Online24 Oct 2015

    Income schemes

    When my father was alive he was on a good job but side by side he had an amount in regular income schemes from where he used to receive a certain…

    Mufti Ebrahim Salejee
  16. Ask Imaam14 Oct 2015

    Investment will be based on the principles of Musharakah (equity partnership)

    Ive been offered a 2.5% stake in a business for 50k. Last 3 years average dividends has been approx 300k a year. So 2.5% will approx get £7500 which…

    Ismail Desai
  17. Ask Imaam12 Oct 2015

    Shariah Compliancy of commodity trading

    I just read that trading in currency is not allowed in the shariah I would like to know whether one can trade in gold silver petrol and other…

    Ismail Desai
  18. Mufti Online14 Sep 2015

    Interest bearing investments

    On one of your responses on this site, you have mentioned that if a person has come into possession of interest he should distribute it to poor and…

    Mufti Ebrahim Salejee
  19. Mufti Online14 Sep 2015

    Losing investors money

    Eight years back my khala and four years back my mamu had given me money to invest in business. Three years back I got cheated by someone and I lost…

    Mufti Ebrahim Salejee
  20. Mufti Online14 Sep 2015

    Investing with a Hindu

    I am investing Money with one of my Hindu friends. He always tells me that he is investing in chemical business and scrap business, because I have…

    Mufti Ebrahim Salejee
  21. Mufti Online5 Sep 2015

    Binary trading

    Is trading using binary option on any thing from currencies to commodities halaal or haraam? Please could you let me know on this issues?

    Mufti Zakaria Makada
  22. Ask Imaam21 Aug 2015

    Investing in the stock market

    you say in your fatwa that investing in the stock market is not permissible because its riba. my question is, riba is making a contract and getting…

    Maaz Chati
  23. Mufti Online4 Aug 2015

    Sharing in the profits as well as the losses in an investment

    My bother passed away and his five kids and widow are in my supervision. Even though I am a lady but Alhamdulillah I did my best. Alhamdulillah now…

    Mufti Ebrahim Salejee
  24. Mufti Online20 May 2015

    Working in the fraud investigation department of a bank

    Is it permissible to work at a bank in the fraud investigation department?

    Mufti Ebrahim Salejee
  25. Ask Imaam18 May 2015

    Regarding the Al-Mabroor Property Investment I would like to clarify if: a) Zakaat is payable on the entire investment amount or b) Zakaat is payable only on the income received?

    Regarding the Al-Mabroor Property Investment I would like to clarify if: a) Zakaat is payable on the entire investment amount or b) Zakaat is…

    Ismail Desai
  26. Ask Imaam15 May 2015

    Is the Al-Barakah monthly investment plan Shariah Compliant?

    Is the Al-Barakah monthly investment plan Shariah compliant?

    Ismail Desai
  27. Ask Imaam15 Apr 2015

    Penny Stock Trading

    Penny stock trading is an online stock market. There are few programmes where a guide isntructs us when to buy or sell the stocks. We are also…

    Bilal Mohammad
  28. Ask Imaam14 Apr 2015

    Is it permissible to invest in Al-Barakah?

    Is it permissible to invest in Al Barakah?.yes/no...Jazakallah

    Ismail Desai
  29. Mufti Online7 Apr 2015

    Binary option trading

    I have recently learned about binary option trading. I would like to know if it is halaal.

    Mufti Ebrahim Salejee
  30. Jamiat KZN25 Mar 2015

    Forex Trading

    I want to know about FOREX trading. In FOREX trading, currencies are traded over the counter with exchange rates varying in response to market…

    Mufti Ismail Desai
  31. Mufti Online10 Mar 2015

    Buying and selling shares

    Is it haraam to buy and sell shares in the stock market?

    Mufti Zakaria Makada
  32. Ask Imaam3 Mar 2015

    Semiconductor shares

    Since I joined a German semiconductor company, they granted me a number of share options. I did not payed the options price. The rules of the…

    Ismail Dawoodjee
  33. Mufti Online15 Feb 2015

    Investing borrowed money

    My mother lent me R 15 000 which I was able to pay back. I invested the R15 000 on her behalf. I invested more as a gift but now had to use some of…

    Mufti Ebrahim Salejee
  34. Ask Imaam6 Feb 2015

    Working in investment banks and hedge funds.

    I am planning on studying economics or finance. Now my question is, Is working in HEDGE FUNDS and Investments banks halal or haram? i'm not talking…

    Bilal Mohammad
  35. Ask Imaam4 Feb 2015

    Can i invest in Diamonds?

    I want to know whether i can invest in diamonds.

    Saleem Khan
  36. Mufti Online27 Jan 2015

    Anglo Rand investment

    I recently came across a Shariah compliant CFD from AngloRand and I am really bemused as to how they can offer that product when clearly they know…

    Mufti Ebrahim Salejee
  37. Ask Imaam27 Dec 2014

    If I invested into a haram scheme and initially lost some capital but later made some profit, will it be permissible to reclaim the original investment?

    Three years before I invested in Online Forex Trading broker to intended to make profit from. Recently I read a lot that forex trading is haram in…

    AbdulMannan Nizami
  38. Ask Imaam17 Dec 2014

    Teins investment incentives.

    Tiens is a chinese based international company registered in over 100 countries. This company sale different products. They give membership to…

    Ismail Dawoodjee
  39. Jamiat KZN12 Dec 2014

    Investing in gold and silver as long-term investments

    I was speaking to a friend regarding investments and the security that GOLD has to offer. I cited the example that in the 1980’s, when I was…

  40. Ask Imaam11 Dec 2014

    Is it fair/jaiz to invest in these files and earning profit prior to the physical acquisition of the land?

    In Pakistan, Different Housing Societies offer plot in installments and give the file/documents after downpayment of the plot but the physical…

    Saleem Khan

Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.