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 3 of 18
- Mufti Online7 Aug 2023
Trading in different currencies
Zaid sent a parcel of GBP in cash to Bakr, with the intention of selling it to him for ZAR. Bakr inspected the notes, because some of them were old,…
Mufti Zakaria Makada - Mufti Online29 Jul 2023
Selling items that one does not have stock of
I sell clothing, shoes and bags as a way to earn an income. I advertise items, get orders, the customer pays then I buy the stuff from the supplier…
Mufti Zakaria Makada - Ibn Masood25 Jul 2023
Trading Forex
I was selling Dollars and someone enquired to buy it from me. I offered him a rate, to which he agreed. I asked him where he lived (to determine how…
Mufti Mohammed Desai - Mufti Online27 Jun 2023
Receiving interest on shares of a company one inherited
We, in our family inherited shares in a private company. The company apparently pays interest to shareholders on their loan accounts. But is such…
Mufti Zakaria Makada - Ibn Masood14 Jun 2023
Father investing his child’s money
My 3 year-old daughter has accumulated some savings. Is it permissible for me to invest her money in gold?
Maulana Abdul Kader Fazlani - Mufti Online5 Jun 2023
Selling livestock without taking possession of the livestock
I've been doing livestock for the past year, I wholesale and retail livestock throughout the year and I try to do everything in the best of my…
Mufti Zakaria Makada - Ask Imaam23 May 2023
Property Investments
Asalaam u alikum wrwb I have a question related to the real estate industry. Question) I have booked couple of flats in a multistory high rise…
Ebrahim Ibn Ahmed Dadan - Mufti Online18 Feb 2023
Calculating zakaat on trading stock
1. Is zakaah payable on trading stocks? 2. How do you calculate it?
Mufti Ebrahim Salejee - Ibn Masood15 Feb 2023
Investing on the JSE
Please let me know your view on the permissibility of investing in shares of companies on the JSE? I understand there is a difference of opinion, so…
Mufti Mohammed Desai - Mufti Online11 Feb 2023
Investing in Crypto currency
I wanted to know if Crypto Mining is halaal? Are we allowed to invest in it? If we earn money from mining, is the money above what we invested halaal?
Mufti Ebrahim Salejee - Azaadville8 Feb 2023
Investing Money Left For Safekeeping
A family member has left a large sum of money with me for safe keeping. No conditions were made except that when needed the money has to be…
- Azaadville2 Feb 2023
Rights Of The Heirs Who Inherited Shares In A Business
Herewith a few questions I need advice and Shariah guidance : Our father passed away and was a director / shareholder in companies and businesses…
- Mufti Online10 Jan 2023
Studying b.com investment management
My son is interested in studying b.com investment management. He wants to know if its permissible and the fields thereafter to branch in regarding it?
Mufti Zakaria Makada - Ask Imaam26 Dec 2022
Investing in a fixed profit - Is this Halaal?
AssalamOalikum, My friend is doing businesses and I am investing with him on fixed profit as the profit already known before the investment…
Shakib Alam - Mufti Online21 Dec 2022
Trading in crypto currencies, normal currencies and trading in stocks
I want to ask you about the permissibility of trading, in crypto currencies, normal currencies and trading in stocks, in Islam.
Mufti Ebrahim Salejee - Ibn Masood23 Nov 2022
Halaal investment opportunities
Could you be kind enough to enlighten us on some Halaal investment opportunities ?
Mufti Mohammed Desai - Mufti Online14 Nov 2022
Trading in stocks
Is it permissible in Islam for a Muslim to trade/invest in stocks and earn an income from the profits every month? Will the earnings be Halaal?
Mufti Zakaria Makada - Ask Imaam12 Nov 2022
What criteria should be assessed in determining in which companies shares can be bought?
Assalamu-alaikum Respected Mufti Saheb, please can you advise what criteria should be assessed in determining in which companies shares can be…
Mahmood Suliman - Ibn Masood8 Nov 2022
FNB investments
I would like to invest some monies with FNB. Could Maulana kindly advise me which is the best investment to choose from?
Mufti Mohammed Desai - Ibn Masood4 Nov 2022
Equalness required when trading the same currency or gold
1. I wanted to find out the ruling with regard to selling currency coins/ notes. Some people have R5 coins which look different from the normal R5…
Mufti Mohammed Desai - Ask Imaam29 Oct 2022
Total Stock Market Index Fund
Salaam, is it permissible to invest in a total stock market index fund where its only invested into stocks/shares and not bonds?
Hammad Ibn Ismail Jogiat - Ask Imaam17 Oct 2022
Calculating zakat on long term investment shares
Assalamualaikum mufti saab I have bought stocks marked as halal by the islamicly app which states that it screens stocks based on the 4 conditions…
Umrain Khan - Ask Imaam30 Sep 2022
Is trading of Cryptocurrency permissible?
Slms, is the trading of crypto currency halal?
Shahid bin Rashid Shaikh - Azaadville13 Sep 2022
Valuation Of Stock Upon The Demise Of A Partner
If a partner in a general retail store passes away, should the stock be valued at the cost price, wholesale or retail?
- Ibn Masood27 Aug 2022
Takaful Investment
I have recently been informed that there is a Shariah-compliant, Takaful investment opportunity in the name of, “Al-Mabroor Cattle Farming”. What is…
Mufti Mohammed Desai - Ibn Masood13 Aug 2022
Investment in New Zealand
I’m reaching out today with regard to a financial programme that has been shared around by many people here in New Zealand. There have been a few…
Mufti Mohammed Desai - Ibn Masood2 Jul 2022
Genesis mining
I found a way of making money online. It is called ‘Genesis Mining.’ The transactions are processed by computer servers. Based on the amount I…
Mufti Mohammed Desai - Azaadville17 Jun 2022
Fixed Return Policy
I would like to know if the following investment is halaal and if not, what should be done with the payment one receives back. the investment is as…
- Ibn Masood13 Jun 2022
Wrapping and delegating Crypto Songbird to earn rewards
Is the wrapping and delegating of Crypto Songbird Sgb to earn rewards permissible? Attached is a link explaining the concept:…
Mufti Mohammed Desai - Mufti Online12 May 2022
Buying stock from a Muslim who sells lotto tickets
A Muslim shop owner buys stock i.e. cigarettes, cold drink, etc. from another Muslim but the person they are buying stock from is selling lotto…
Mufti Zakaria Makada - Ibn Masood12 Apr 2022
Investment apps linking one to JSE and crypto
I just wanted to know if you can invest on apps linking to the JSE such as “easy equities”, or crypto currency apps etc.? And if these are not…
Mufti Mohammed Desai - Ibn Masood8 Apr 2022
Trading on Liquid market place
Can Mufti Saheb please check if the following website is permissible to utilize for trading? https://www.liquidmarketplace.io/
Mufti Mohammed Desai - Ibn Masood18 Mar 2022
Investing in a filling station
Is it acceptable for me to invest in a service station which includes a Pick n Pay franchise? Also, the franchise is required to pay royalties on a…
Mufti Mohammed Desai - Ibn Masood14 Mar 2022
Cash forex trading group (CFX)
Is investing in the “Cash Forex Trading” group (CFX) permissible?
Mufti Mohammed Desai - Azaadville14 Mar 2022
Trading Currency On Credit
If two different currencies are traded with one party trading on credit and the other on cash, what is the ruling of exchanging currencies? What…
- Ibn Masood7 Mar 2022
Corrupt Mudhaarabah agreement
Person A has invested R50 000.00 in a business venture with person B, whose profession is making glasses. He invested on the basis that person B…
Mufti Mohammed Desai - Mufti Online6 Mar 2022
Not giving the profit to the shareholders
If you had given someone a sum of money to invest in a property but they are now constantly making excuses not to give the money or the profit to…
Mufti Zakaria Makada - Ibn Masood26 Feb 2022
Anglo wealth investments
Is “Anglo Wealth Investment” Shariah compliant?
Mufti Mohammed Desai - Ibn Masood16 Feb 2022
Forex Wallet
What is the Shari’ee status of purchasing currency on a forex Wallet app?
Mufti Mohammed Desai - Ibn Masood16 Feb 2022
Buying shares on the stock exchange
Are we permitted to purchase shares on the JSE?
Mufti Mohammed 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.