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 12 of 18

  1. Ask Imaam6 Dec 2014

    Are there any hadith that encourage 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…

    Sohail ibn Arif
  2. Mufti Online6 Dec 2014

    Shares in a bank

    My employer had gifted me shares as part of a BEE structure. E.g. 1000 I was not asked to pay anything and the shares were free. The company gave me…

    Mufti Ebrahim Salejee
  3. Ask Imaam3 Dec 2014

    Holding shares in a bank

    My employer had gifted me shares as part of a BEE structure. eg 1000. I was not asked to pay anything and the shares were free as a gift. The…

    Hisham Dawood
  4. Ask Imaam21 Nov 2014

    Investor demands 5% as interest but we would like to pay back 25% profits instead?

    Investor demands 5% as interest but we would like to pay back 25% profits instead? We are a constructions firm and work along with investors. One…

    Hisham Dawood
  5. Jamiat KZN15 Nov 2014

    Online Forex Trading

    Is it permissible to trade Forex(online)?

    Mufti Ismaeel Bassa
  6. Mufti Online10 Nov 2014

    MTN Zakhele shares

    Some time back I purchased some mtn Zakhele shares. Are these shares halaal?

    Mufti Ebrahim Salejee
  7. Mufti Online5 Nov 2014

    Insurance on livestock

    Is it permissible to take out life insurance for goats in a stall-fed goat farm?

    Mufti Zakaria Makada
  8. Ask Imaam1 Nov 2014

    I want to know if binary options on internet trading broker is Halal?

    I want to know if binary options on internet trading broker is Halal?

    Ismail Desai
  9. Ask Imaam20 Oct 2014

    Is binary trading permissible?

    I want to know if binary option on internet trading broker is halal?

    Arshad Ali
  10. Ask Imaam10 Oct 2014

    Is it permissible to invest in the Blackrock Canada gold/silver bullion fund?

    Assalam u aleikum, I hope this query reaches you in the best state of iman and health. I am currently looking towards investing some savings into…

    Saleem Ibn Sajawal Khan
  11. Mufti Online15 Sep 2014

    Sharing in a camel for Qurbaani

    In qurbani can two people share in a camel?

    Mufti Zakaria Makada
  12. Ask Imaam12 Sep 2014

    Can I take back the money which I have invested in online trading?

    Can I take back the money which I hae invested in online trading. Not the profit, only the principle amount which i have invested.

    Fahad Abdul Wahab
  13. Ask Imaam11 Sep 2014

    Selling shares of a company which is involved in interest

    I bought shares in a listed company over a period of 7 years. The shares were bought at various prices; some were at a higher price than the current…

    Fahad Abdul Wahab
  14. Mufti Online21 Jun 2014

    Government assistance

    Government employees in India and may be in other countries too, receive monthly pension post their retirement from active service, from the…

    Mufti Zakaria Makada
  15. Mufti Online11 Jun 2014

    Working as a research analyst in a stock brokerage firm

    I wanted to ask a question about the job of research analyst in a stock brokerage firm or mutual fund. My degree major is finance so I want to know…

    Mufti Zakaria Makada
  16. Mufti Online29 May 2014

    Changing one's intention after purchasing an item for resale

    I bought something for resale purposes. Now I no longer intend selling it, rather I will use it in my home. Will Zakaat be fardh on it?

    Mufti Zakaria Makada
  17. Mufti Online21 May 2014

    Slaughtering a cow with the intention of Qurbaani and Aqiqah

    Insha Allah, my son will be born towards mid to 22 September 2014 which quite close to Eid dul Adha on the 5th of October 2014. My question is: Can…

    Mufti Zakaria Makada
  18. Mufti Online15 May 2014

    Is zakaat compulsory upon wealth earned in a place where music is played?

    If a person has a halaal business but there is some haram involved in it like music and he gives zakaat from that income, will his zakaat be…

    Mufti Zakaria Makada
  19. Mufti Online6 May 2014

    Zakaat on land that was purchased with the intention of resale

    I am living abroad and my question is that I purchased two plots and decided that I will construct a house on one plot and and sell the second plot…

    Mufti Zakaria Makada
  20. Mufti Online9 Apr 2014

    Trading after the Azaan of Jumuah

    I would like to know which Azaan is referred to in the Quranic ayat which prohibits us from conducting any business after the Azaan of Jumuah, is it…

    Mufti Ebrahim Salejee
  21. Ask Imaam30 Mar 2014

    Can I invest in a company which runs on interest?

    Can i invest in company which runs on sood.

    Saeed Ncane
  22. Ask Imaam18 Mar 2014

    Investing in Gold

    I want to Invest in Gold. And in the begining i thought of buying gold coins every month and keep it safely at home. But from my friends i got to…

    Hisham Dawood
  23. Mufti Online11 Mar 2014

    Investments

    I am married and live with my husband & In-laws. My in-laws have invested certain amount of money with their son-in-law who have his own trading…

    Mufti Ebrahim Salejee
  24. Mufti Online1 Mar 2014

    Investing in the stock market

    Is it halal to invest in Stock market like buying permissible shares like Petrol, gas, pharmaceuticals, cement etc. Since we are not the owner of…

    Mufti Ebrahim Salejee
  25. Mufti Online19 Feb 2014

    Trading in on-line currencies

    Is it permissible to trade currencies online. Funds are deposited into an account and the funds are then used to buy or sell currencies. Once the…

    Mufti Ebrahim Salejee
  26. Mufti Online17 Feb 2014

    Investing with DMC holdings

    Are you able to advise whether the shares sold by dmc holdings in Klerksdorp are sharia compliant please?

    Mufti Zakaria Makada
  27. Ask Imaam10 Feb 2014

    Is it permissable to purchase shares directly from the South African Reserve Bank (SARB)?

    Is it permissable to purchase shares directly from the South African Reserve Bank (SARB)?

    Khalil Johnson
  28. Mufti Online5 Feb 2014

    Investing in unit trusts

    I would like to know whether it is permissible to invest in the stock market and also what is the ruling in investing in Shariah compliant Unit…

    Mufti Ebrahim Salejee
  29. Mufti Online16 Jan 2014

    Working for a forex trading company

    I am doing an online job. My company is a forex trading company. I want to ask about the salary which I get from this company is halal or haraam for…

    Mufti Zakaria Makada
  30. Ask Imaam6 Jan 2014

    Investing in convensional banks

    I would like to know about the legality of the following situations. 1) An individual borrows money. Interest is to be paid on this loan. I kwon…

  31. Mufti Online5 Dec 2013

    Old mutual and oasis unit trust

    Is old mutual and oasis unit trust accounts halaal? I am a student looking to invest my money. I previously sent a question but I did not receive a…

    Mufti Zakaria Makada
  32. Mufti Online4 Dec 2013

    Investing in shares

    I have just graduated from metric and I intend investing my money in shares. Please inform me as to which investment companies (oasis, old mutual,…

    Mufti Zakaria Makada
  33. Mufti Online2 Dec 2013

    Online forex trading

    Is online forex trading permissible? Many brokers offer Islamic non-interest accounts. I intend only trading in gold. Is this fine?

    Mufti Zakaria Makada
  34. Ask Imaam25 Nov 2013

    Investing in convensional banks

    I would like to know about the legality of the following situations. 1) An individual borrows money. Interest is to be paid on this loan. I kwon…

    Abu Ali ad-Dagestani
  35. Ask Imaam24 Nov 2013

    Is dealing in shares permissible or considered speculative trading? Is “Halaal” mortgage really any different to regular ones where interest is simply renamed profit?

    Is dealing in shares permissible or considered speculative trading? Is “Halaal” mortgage really any different to regular ones where interest is…

    Khalil Johnson
  36. Mufti Online2 Nov 2013

    Dealing in futures

    Is dealing in futures via the stock exchange halaal or not?

    Mufti Zakaria Makada
  37. Mufti Online22 Oct 2013

    Keeping one's money in a profit and loss account

    I wanted to ask you about the profit and loss account. As the person suffers a loss when the bank incurs a loss and gets a profit when the bank gets…

    Mufti Zakaria Makada
  38. Mufti Online22 Oct 2013

    Qurbani and aqeeqah in one cow

    Can I do qurbaani and akika in one animal (cow) as it is 7 shares on the second day of Eid?

    Mufti Ebrahim Salejee
  39. Mufti Online21 Oct 2013

    Forex trading

    Is fxcm.com halal or haram. It is forex. This is what you do in forex, buy 1 usd dollar when it is equal 2 euro dollar and sell it when it is more…

    Mufti Ebrahim Salejee
  40. Ask Imaam12 Oct 2013

    Is it permissible to do forex trading online?

    1) I wanted to ask about Forex Trading as is it permissable to do online? I searched and regarding Fatwa # 15066 you said that more analysis was…

    Mufti Ismail Desai

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.