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
Investments, Shares & Crypto fatawa — page 15 of 18
- Ask Imaam4 Jul 2011
We both work and try to save money. I want to buy a house instead of renting. Am I wrong to ask my wife to invest it in a property? Am I wrong to ask for her help.
I have been married for 10 years now and I have always provided my wife with everything. At the moment I live in a rented accommodation where I pay…
Muftī Ebrahim Desai - Ask Imaam29 Jun 2011
1. I have invested little money with agents who give 7% commission on every transaction. Would it be correct to... 2) we store potatoes as a normal practise. But when we store it, the price is reasonably low and when we see the market is fair enough high we sell it.?
Assalamu-alai-kum W.R.A, I hope you must be in good health. I am seeking fatwa in the situation below having two parts; please follow, Part ONE I…
Mufti Ishaaq E. Moosa - Ask Imaam13 Jun 2011
I am establishing a Mudharabah which will be called Yaz Capital Partners (http://www.yazcapital.com) to raise funds to invest in real estate in the United States. I have some questions regarding setting up a business. Would it be permissible to setup the business in this manner?
Dear Muhtaram Mufti Saheb, Assalaamu Alaikum Wa Rahmatullahi Wa Barakatuhu, I have some questions regarding setting up a business. Here in the US…
Muftī Ebrahim Desai - Ask Imaam7 Jun 2011
I want to know about the islamic ruling regarding doing business with a company "Speak Asia" is it permissible to invest the company. I have so many friends who are just wanting to invest their money but they are waiting for the islamic ruling about the same.
I want to know about the islamic ruling regarding doing business with a company "Speak Asia" is it permissible to invest the company. I have so many…
Muftī Ebrahim Desai - Ask Imaam10 May 2011
I am working with an American Title Insurance and Mortgage company in as a process trainer. I have also invested in stock market and Islamic forex. Could you please help and make me understand whether I am in a wrong profession?
I am working with an American Title Insurance and Mortgage company in as a process trainer. I had been working in this industry from past 6 years…
Muftī Ebrahim Desai - Jamiat KZN10 May 2011
Discharging Zakaat with purchased stock
I have closed down my garment and fabric business and am still in possession of stock from same business. Can a fellow muslim who has Zakaat to…
- Ask Imaam27 Nov 2010
Is FOREX trading permissible?
I want to know about FOREX trading. In FOREX trading, currencies are traded over the counter with exchange rates varying in response to market…
Muftī Asif Umar - Jamiat KZN5 Oct 2010
Is it permissible to purchase MTN Zakhele Shares?
Would you please clarify if we can purchase shares in the MTN Zakhele BEE offer?
Suhail Tarmahomed - Ask Imaam15 Jul 2010
1. please tell me in detail about the usage of pirated softwares(particularly Windows XP. is it haram or makrooh or khilaf-e-taqwa? there seems ikhtilaf among some ulema in...2. i am in a confusion, i went through your fatwa regarding share trading. you please clear me about:..3. Could you please give me information regarding the authenticity of Mawlana Shaykh Nazim Adil Al-Haqqani. Does this sufi order come under ahle-sunnat wal jammah group.
1. please tell me in detail about the usage of pirated softwares(particularly Windows XP. is it haram or makrooh or khilaf-e-taqwa? there seems…
Ml. Abdur Rahman Shareef - Ask Imaam29 Jun 2010
Asslam-o-Alikum, I want to investment in Islami Bank, Pakistan. Islami Bank, Pakistan offer to interest free policy. Is right / wrong. Please give a detail answer.
Asslam-o-Alikum, I want to investment in Islami Bank, Pakistan. Islami Bank, Pakistan offer to interest free policy. Is right / wrong. Please give a…
Ml. Abdur Rahman Shareef - Ask Imaam10 Jun 2010
I am thinking of buying/investing in Gold through the following company on the internet and wanted to check whether doing so would be according to Shariah.
Dear Respected Scholars, I am thinking of buying/investing in Gold through the following company on the internet and wanted to check whether doing…
Rayhaan Docrat - Ask Imaam10 Jun 2010
I am thinking of buying/investing in Gold through the following company on the internet and wanted to check whether doing so would be according to Shariah.
Dear Respected Scholars, I am thinking of buying/investing in Gold through the following company on the internet and wanted to check whether doing…
Rayhaan Docrat - Ask Imaam28 May 2010
Invest in a share market
iam from india and i want to invest in share market and earn some profit will it be legal in islam to do such a type of bussiness pls answer
Ml. Abdur Rahman Shareef - Ask Imaam17 May 2010
Are muslims allowed to invest money in share market or buy shares in company's?
Are muslims allowed to invest money in share market or buy shares in company's?
Ml. Yusuf bin Yaqub - Ask Imaam21 Mar 2010
I am working for a conglomerate company and a CEO for a SBU. We are into paper and paper boards trading, this business in SL is dominated by individuals (bora Muslims) for decades ...
I am working for a conglomerate company and a CEO for a SBU. We are into paper and paper boards trading, this business in SL is dominated by…
Mufti Abrar Mirza - Ask Imaam4 Mar 2010
can i sell my fixtures in my business for a high amount with out stock.can i there after sublet the same premises to the buyer for an amount since i have not included my roller shutters and electric fencing in the price.
Can i sell my fixtures in my business for a high amount with out stock.can i there after sublet the same premises to the buyer for an amount since i…
- Ask Imaam4 Mar 2010
can i sell my fixtures in my business for a high amount with out stock.can i there after sublet the same premises to the buyer for an amount since i have not included my roller shutters and electric fencing in the price.
can i sell my fixtures in my business for a high amount with out stock.can i there after sublet the same premises to the buyer for an amount since i…
- Ask Imaam23 Feb 2010
At my previous job at a publicly traded software firm, I received, as part of my compensation package, stocks of the employer corporation. I did not have to pay anything for these stocks out of my own pocket. Now, I would like to sell these stocks...
I have read the fatwā on stocks in limited liability companies at Muftī Desai's site. In light of this fatwā, I have the following query. At my…
Mufti Abrar Mirza - Ask Imaam4 Feb 2010
I’m doing a business investment with a broker whereby I am investing the money on a capital guaranteed basis for 12 months. In profit we are 50/50 in loss the capital is guaranteed. Kindly advice if this is this Shariah compliant.
I’m doing a business investment with a broker whereby I am investing the money on a capital guaranteed basis for 12 months. In profit we are 50/50…
- Ask Imaam5 Aug 2009
I am selling my business and like to know how much zakaat i am liable for. My fixtures and fitting valued at r250000 and i am selling for r750000.stocks is seperate and i will pay 2.5% on the value once calculated.beside the stock how much more must i pay.sukran.
I am selling my business and like to know how much zakaat i am liable for. My fixtures and fitting valued at r250000 and i am selling for…
Ml. Abrar Mirza - Ask Imaam9 Jul 2009
Is share trading in Stock Exchange halal or permitted by Islam?
Is share trading in Stock Exchange halal or permitted by Islam?
Ml. Abrar Mirza - Ask Imaam16 May 2009
I have a doubt regarding Forex trading & when i searched for it on the site, i didnt get the answer for my doubt.
I have a doubt regarding Forex trading & when i searched for it on the site, i didnt get the answer for my doubt. I dont mean online forex trading…
Ml. Abrar Mirza - Ask Imaam3 Mar 2009
My father invested in National Saving Scheme (http://www.savings.gov.pk/schemes.htm) according to which money is deposited for a fixed duration and depositor is paid fixed ...
My father invested in National Saving Scheme (http://www.savings.gov.pk/schemes.htm) according to which money is deposited for a fixed duration and…
- Ask Imaam2 Mar 2009
I purchased futuregrowth and oasis shares before the ruling of impermissiblity of shares was announced. I have removed my cash but left the so called profits. Can this money be used to pay taxes, vat and rates. Eg. vat on a motor vehicle purchase.
I purchased futuregrowth and oasis shares before the ruling of impermissiblity of shares was announced. I have removed my cash but left the so…
- Ask Imaam17 Feb 2009
Is this trading legal in Islam? It is the process through online trading.
Is this trading legal in Islam? It is the process through online trading. Transaction 1 (BUY) We buy a Commodity on margin at international market,…
Ml. Asif Umar - Ask Imaam8 Feb 2009
The "CFD", or "Contract for Difference", was developed to allow clients to receive all the benefits of owning a stock without having to physically own the stock itself....
Is the following halal. I take the view that share trading is permissable. Please can you clarify if the following is permissable. I have descibed…
Ml. Faizal Riza - Ask Imaam5 Feb 2009
I'm wanting to know if it's halal to be a part of this investment because although this account is invested in interest bearing companies and/or bonds,....
My U.S. government job pays 1% of my salary into a retirement account, but this is ADDITIONAL 1% money they give me, NOT taken out from my paycheck.…
Ml. Abrar Mirza - Ask Imaam23 Nov 2008
I would greatly appreciate it if I could get feedback on the progress on your Traditional Investment Product, as spoken about at the Business Campaign earlier this year.
I would greatly appreciate it if I could get feedback on the progress on your Traditional Investment Product, as spoken about at the Business…
E. Vawda - Ask Imaam18 Nov 2008
My wife was a Hindu and accepted Islam 4 years ago. Many years ago her father who is still a Hindu, had invested money in a Postal Service Scheme in her name and deposited Rs. 20,000.
Assalaamu Alaykum wa Rahmatullahi wa Barakatuhu, My wife was a Hindu and accepted Islam 4 years ago. Many years ago her father who is still a Hindu,…
- Ask Imaam12 Sep 2008
If I bought a flat as an investment with the hope that I could sell it some time in the future
If I bought a flat as an investment with the hope that I could sell it some time in the future and use it to fund my children’s university studies…
Ml. Ehzaz Ajmeri - Ask Imaam2 Sep 2008
I have purchased shares through National Invest Trust (www.nit.com.pk). As you know that share prices increases and decreases. I have two questions to ask:
I have purchased shares through National Invest Trust (www.nit.com.pk). As you know that share prices increases and decreases. I have two questions…
Ml. Yusuf bin Yaqub - Ask Imaam25 Aug 2008
Can you please advise me whether vodacom shares are shariah compliant?
Can you please advise me whether vodacom shares are shariah compliant? If not-is it totally haraam or can i review the financial statements and…
Ml. Yusuf bin Yaqub - Ask Imaam6 Aug 2008
I want to know about bank savings/investment, whether this profit is HALAL as Meezan bank claim.links are
Asalam O Aliakum I want to know about bank savings/investment, whether this profit is HALAL as Meezan bank claim.links are…
Ml. Asif Umar - Ask Imaam8 Jul 2008
Mahomed wanted to open a business. He approached his friend Zaid for help. at partnership(50/50). Mahomed invested R60000.00 and Zaid invested R60000.00 plus the equipment..How do Zaid and Mahomed dissolve this partnership?
Mahomed wanted to open a business. He found a premises and approached his friend Zaid for help. It was agreed that they would go into…
Ml. Yusuf bin Yaqub - Ask Imaam25 Jun 2008
What is the ruling about SASOL INZALO Shares?
What is the ruling about SASOL INZALO Shares? Can you give some detail account...
Ml. Yusuf bin Yaqub - Ask Imaam24 Jun 2008
I read a fatwa passed by Mufti Zuber Bhayat shaheb that it is permissible to invest with al baraka bank provided the paper work is checked by a reputable Aalim,i need to know if i can invest with al baraka?
I read a fatwa passed by Mufti Zuber Bhayat shaheb that it is permissible to invest with al baraka bank provided the paper work is checked by a…
- Ask Imaam4 Jun 2008
IMPORTANT INVESTMENT ANNOUNCEMENT
IMPORTANT INVESTMENT ANNOUNCEMENT
Mufti Ebrahim Desai - Ask Imaam4 May 2008
I am a day trader of stocks. Is it permissible to short sell in Islam.?
I am a day trader of stocks. Is it permissible to short sell in Islam. Short selling is the selling of a stock that the seller doesn't own at the…
Ml. Ehzaz Ajmeri - Ask Imaam28 Mar 2008
It is not permissible to invest in a life insurance policy
I have invested in Life Insurance Policy for the purpose of saving Taxes. My intention is that I will retain the original amount invested by me and…
Mufti Ebrahim Desai - Ask Imaam24 Feb 2008
What if someone is working for a stock exchange broker
This is with reference to fatwa # 16250, 1- What if someone is working for a stock exchange broker, securities company or holding company under…
Ml. Asif Umar
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.