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 4 of 18
- Mufti Online29 Jan 2022
Raising the price of stock
In a business, regarding old and new stock. When new stock arrives sometimes there is an increase. What should a Muslim owner do: raise the price of…
Mufti Ebrahim Salejee - Mufti Online25 Jan 2022
Muslim business trading at the time of Jumuah
What is the condition of a business that remains open and trading at the time of Jummah. All Muslim staff leave for Salaah but the doors remain open.
Mufti Ebrahim Salejee - Ask Imaam7 Jan 2022
Online Spot Forex Trade
I have read your fatwa on forex trading and i know CFDs are not allowed. Can you have a look at 5ers.com as they have stated clearly that they do…
Zaakir Ismail - Ibn Masood3 Jan 2022
Shariah compliant investments
Are there any Shariah compliant investments that your Darul Ifta approves of?
Mufti Mohammed Desai - Ibn Masood2 Jan 2022
Staking crypto currency
I write to you seeking assistance with the following: Is it permissible to stake crypto currency on the Cosmos platform?
Mufti Mohammed Desai - Azaadville25 Dec 2021
Distribution Of A Pension Fund Payout During A Persons Lifetime
I am working for a company what has a provident fund. Need to know what percentage to distribute to dependents when living in this world. I have 2…
- Ask Imaam19 Dec 2021
I have a question regarding Forex Trading
Assalamualaikum I have a question regarding forex trading I have been trading on a demo account on IQ options for the past 2 years. I would like to…
Mudassir Benish - Ibn Masood4 Dec 2021
Investing in a forex bureau
Is it permissible for me as a Muslim to invest in a forex bureau?
Mufti Mohammed Desai - Azaadville4 Dec 2021
Share Trading
I wanted to know if the buying and selling of shares is permissible, but for that companies that primary source of income is the ‘sale’ of halaal…
- Ibn Masood1 Dec 2021
Ponzi scheme
How does the Shariah look at a Ponzi scheme? Is it considered as a legitimate investment?
Mufti Mohammed Desai - Azaadville29 Nov 2021
Forex Trading
Is foreign exchange (Forex) trading is permissible or impermissible in Islam? Since it is all about buying a specific currency when it has lost its…
- Ibn Masood18 Nov 2021
Plus 500 trading platform
What is the ruling in regards to Plus 500 trading?
Mufti Mohammed Desai - Ask Imaam8 Nov 2021
Is it permissible to invest in bonds?
Molana, is it permissible to invest in bonds. What is haram about it if it is haram. Is it similar to a loan with interest cause I know interest is…
Hammad Ibn Ismail Jogiat - Ask Imaam6 Nov 2021
Would it be valid to use this nine-year average stock price as an estimate of what the employer owes me?
I need further guidance on how to implement this fatwa # 18510 and I would like your feedback about the following approach: Since the stocks were…
Mufti Abrar Mirza - Ibn Masood5 Nov 2021
Rabb-ul-Maal (investor in a Mudhaarabah investment) renting his premises out to the Mudaarib (investment agent)
Zaid enters into a Mudhaarabah agreement with Bakr. Zaid is the Rabb-ul-Maal (investor) and Bakr is the Mudhaarib (investment agent). Can Bakr hire…
Mufti Mohammed Desai - Ibn Masood5 Nov 2021
Paying a percentage of the profit to a manager in a Mudhaarabah agreement
Zaid gave Amr R100 000.00 as Mudhaarabah. When enacting the partnership he stipulated that the profit will be distributed as follows: 30% of the…
Mufti Mohammed Desai - Ibn Masood4 Nov 2021
Accepting funds from a number of investors on a Mudhaarabah basis
Can a Mudhaarib accept funds from a number of individuals on a Mudhaarabah basis and use their funds jointly for his business ventures?
Mufti Mohammed Desai - Ibn Masood4 Nov 2021
Investor engaging in work in a Mudhaarabah partnership
One person invested his wealth with another person on a Mudhaarabah basis, on condition that whatever profit is accrued will be split equally…
Mufti Mohammed Desai - Mufti Online3 Nov 2021
Investor and the working partner drawing a salary from the business
I have a business question. Two people decided to open a business. One person invested the money and the other person is responsible for running the…
Mufti Zakaria Makada - Mufti Online24 Oct 2021
Investing in Kruger coins through FNB
FNB offer a service where one can invest in Kruger Rand gold coins through them. They then store it for you at a fee of 0.86%pa. -If one wants to…
Mufti Zakaria Makada - Camperdown27 Sep 2021
Can one invest in Phutuma Nathi shares?
Assalaamualikum Mufti Sahib Can one invest in Phutuma Nathi shares?
Mohammad Peer - Jamiat KZN22 Sep 2021
Is trading of Cryptocurrency permissible?
Slms, is the trading of crypto currency halal?
Shahid bin Rashid Shaikh - Azaadville4 Sep 2021
Pension Scheme
I work for the local council, and have been enrolled onto the Local Government Pension Scheme. I have tried to find out how the fund is invested, to…
- Azaadville5 Aug 2021
Bitcoin, Ethereum And Other Cryptocurrencies
What is the ruling on forex and cryptocurrencies such as Bitcoin, ethereum etc.
- Azaadville18 Jul 2021
Online Forex Trading
I would like to find out if dealing in this type of online forex trading is permissible?
- Mufti Online4 Jul 2021
Two shareholders putting in extra money to bring down the share price in a cow
A family wishes to slaughter a cow for qurbaani. However, some of the members are on a budget. In order to please the parents, can 2 shareholders…
Mufti Zakaria Makada - Azaadville26 Jun 2021
ETF and Option Trading
Is it permissible to invest in ETF? Is it permissible to do option trading?
- Ask Imaam27 Apr 2021
Discounted Company shares as Employment Benefit
Asalaamualakum respected Ulema, The company I work for is a huge hardware/home improvement retailer and the vast majority of the profits they make…
Safwaan Navlakhi - Azaadville26 Apr 2021
Islamic Banking And Share Trading
I am not too convinced with the present day islamic finance which is applied in the conventional banks as well as those with Muslim names. Similar…
- Mufti Online24 Mar 2021
FNB Islamic investment
Is Islamic investment with Fnb halaal?
Mufti Ebrahim Salejee - Ask Imaam11 Mar 2021
Buying and selling using the Forex Market
Assalamualaykum, My question is in regards to trading Gold online. Buying and selling using the forex market. i wish to use this broker which…
Ebrahim Ibn Ahmed Dadan - Ask Imaam26 Feb 2021
Managing a Forex account and getting paid for it
Assalāmu Alaikum, There are forex trading companies that offer funded accounts that you can manage and get a specified percentage of the profit…
Shakib Alam - Jamiat KZN25 Feb 2021
Is it permissible to sell stock not in my possession?
As-Salaam-Alaikum, My question is regarding selling stock that i do not own. I have a small ecommerce business , on this business i want to list…
Saad Haque - Ask Imaam22 Feb 2021
Investing in prisons as real estate
Salaam Muftisaheb Jzk for all of your services. Regarding investments and permisibility are real estate stocks (reits) in private prisons…
Ebrahim Ibn Ahmed Dadan - Ask Imaam13 Feb 2021
Nasdaq Ghost Trading
Aslm. is it permissible to use the nasdaq ghost. It basically trades on your behalf.
Ikraam Elias Gangat - Mufti Online11 Feb 2021
Zakaat on a property purchased for resale
I bought a land as an investment, but I do not have a clear view on when I will sell it. I have not put it up for sale yet. Do I have to pay zakaat…
Mufti Ebrahim Salejee - Ask Imaam8 Feb 2021
Is it permissible to invest in Cassava Science Stock?
Is it permissible to invest in cassava science stock?
Mudassir Benish - Mufti Online6 Feb 2021
Investing in companies that deal in interest below 33%
I am not too convinced with the present day Islamic finance which is applied in the conventional banks as well as those with Muslim names. Similar…
Mufti Ebrahim Salejee - Mufti Online1 Feb 2021
Forex trading
Is forex trading using an Islamic broker account permissible?
Mufti Ebrahim Salejee - Ask Imaam25 Jan 2021
Investing in gold stocks and Fortune 500 companies
I am emailing because i would like more clarification about wether it is halal or haram to invest. I would like to know what is the islamic ruling…
Hasan Ahmed Razzak
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.