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 5 of 18
- Ask Imaam9 Jan 2021
Investigating Miss-Sold loans
Asalamuwalikum: If you work an in a job dealing with mis sold loans interest based loans. Your job involves investigation if these loans were mis…
Mudassir - Ask Imaam6 Jan 2021
Are there any South African Shariah compliant investments that are permissible to invest in?
Asalamualykum Which shariah compliant investments are permissible to invest in in South Africa? Jazakallah
Mohamed Ebrahim bin Ismail Abdullah - Mufti Online5 Dec 2020
Shareholders selling their shares
Seven people own shares in an asset, and have different wishes regarding what should be done with the asset i.e some wish to sell the asset while…
Mufti Ebrahim Salejee - Ask Imaam9 Nov 2020
Am i allowed to daytrade stocks?
Assalumalikum hope you are well i have two question regardinf stock shares. 1. Am i allowed to invest into shares like soical media platforms such…
Hammad Ibn Ismail Jogiat - Ask Imaam7 Nov 2020
Shariah compliant investments
As salaam wa alykum As far as Islamic banking and investments go, what are the options that are shariah compliant? Al Mabroor? Fnb? Hbz?
Ahmad Patel - Ask Imaam31 Oct 2020
Are the following investment schemes permissible? Fedgroup and EasyProperties
السلام عليكم ورحمة الله وبركاته Hadhrat Mufti Sahib Making duaa Mufti Sahib is well Are the following investment schemes permissible? 1.…
Abu ‘Umar Muhammad bin Zayn Patel - Ask Imaam26 Oct 2020
Are Al-Mabroor and Hasnaaat investment schemes Shariah compliant?
Asalaamualaykum Is the hasanaat management investments and Mabroor investments halal and / shariah compliant?
Ebrahim Ibn Ahmed Dadan - Ask Imaam23 Oct 2020
Is CFX Trading group Shariah compliant?
Assalamualakum I sent an e mail on 23 September 2020 regarding this business - "The New CFX Social Movement" with a clip attached. I have not…
Ahmad Patel - Ask Imaam20 Oct 2020
Are these 3 companies Shariah Compliant to buy shares on the JSE?
Aslm, I would like to know if these 3 companies are shariah compliant to buy shares on the JSE. 1. PPC LTD 2. SEPHAKU HOLDINGS LTD 3. CITY LODGE…
- Ask Imaam19 Oct 2020
Multiple financial questions relating to day trading etc.
Asalamaulaikum respected Mufti Sahib, jazakAllah for the clarification on whether owning shares/stocks is permissible as given in various fatwas:…
Ahmad Patel - Mufti Online19 Oct 2020Roman Urdu
Bitcoin ki lain dain
Bitcoin/Blockchain fully decentralized and secure technology ya Crypto currency ki lain dain ke bare me bataye ke is ki lain dain se islam ko koi…
Mufti Zakaria Makada - Ask Imaam13 Oct 2020
Permissibility of trading Forex
Asalamualakim respected Mufti. I am asking this question on behalf of my friend. I do forex trading which involves trading currencies online, buying…
Mohamed Ebrahim bin Ismail Abdullah - Ask Imaam3 Oct 2020
Can one invest in Phutuma Nathi shares?
Assalaamualikum Respected Mufti Can one invest in Phutuma Nathi shares. Jzkl Wassalaams
- Mufti Online29 Sep 2020
Investing in a company that distributes profits daily
There is a company named B4U Global which collects amounts from people and invests it in various fields like properties, marble, motorcycles, etc.…
Mufti Ebrahim Salejee - Mufti Online24 Sep 2020
Investing in the stock market
Is the stock market halaal to invest in? i.e. there are companies whose products are good and halaal, but their financial reports show some small…
Mufti Zakaria Makada - Mufti Online21 Sep 2020
Forex trading
Is Forex trading halaal?
Mufti Zakaria Makada - Ask Imaam11 Sep 2020
AIX Investment Group
Assalamu aalaikum WRWB Dear Mufti Sb. I am from India, working in Jeddah. I have come across the investment group ‘AIX Investment Group’ operating…
Bilal Yusuf Pandor - Ask Imaam10 Sep 2020
Sibanye still water - Impala platinum - Sasol shares - Is it permissible to invest in them?
Assalamualaykum Mufti Saheb. A humble reminder for Mufti Saheb to please guide me regarding my query. JazakAllah khair Assalamualaykum my beloved…
Ahmad Patel - Jamiat KZN7 Sep 2020
Is it permissible to receive a fixed return on an investment?
I invested R100 000 of stock in my friend’s business. My friend agreed to give me a fixed return on investment of R50 000 on R100 000 after selling…
Mufti Ismaeel Bassa - Mufti Online25 Aug 2020
Buying shares in a company where 5% or less of the company investment is in haraam activities
In order to buy stock shares, I have seen a ruling that says that only 5% or less of a company investment should be in haraam activities like…
Mufti Ebrahim Salejee - Mufti Online24 Aug 2020
Investing in an electrical store
I am from a Muslim country. I am planning to invest in a business with a friend in which the friend of my father repairs electronic equipment like…
Mufti Zakaria Makada - Ask Imaam31 Jul 2020
Udhiyyah Shares
I have already bought a goat for qurbani for myself that I will sacrifice in my presence, but I also wish to buy a cow (7shares) for overseas…
Ismail Dawoodjee - Ask Imaam28 Jun 2020
Is Forex Trading permissible?
Asalamaua Alaikum wa rahmatullahi wa barakatu. May I sincerely ask whether foreign exchange (Forex) trading is permissible or impermissible in…
Abdullah Noorgat - Ask Imaam6 May 2020
Is retail forex trading permissible with interest-free leverage?
Assalamu Alaykum 1)Is it Halal trade in Forex deals where the broker does not charge interest not do they charge a commission when they give money…
Sohail ibn Arif - Ask Imaam26 Apr 2020
I want to know if this investment is Halaal or not?
Assalamu laikum, may Allah increase your Iman. I am into an investment which allows for a minimum deposit of $300 and a maximum of $140,000, after…
- Ask Imaam11 Apr 2020
Please advice about the Al-Mabroor cattle feeding scheme. Is Zakaat payable on the full investment amount? Or just the profits?
Please advice about the Al-Mabroor cattle feeding scheme. Is Zakaat payable on the full investment amount? Or just the profits? What about the…
Ismail Desai - Mufti Online22 Mar 2020
Buying shares in Netflix
I wanted to buy some stocks on Netflix as there seems to be a high potential for it to rise up in profits, what would be your advise?
Mufti Zakaria Makada - Mufti Online19 Feb 2020
Online retailers selling items they do not keep in stock
Online retailers often sell items that they don’t keep in stock. They conclude the sale and take payment immediately and thereafter acquire the item…
Mufti Zakaria Makada - Ask Imaam11 Feb 2020
Is it permissible to invest in Total Stock Market Index Fund?
Please advise if it is permissible to invest in Total Stock Market Index Fund (similar to VSMPX) 100% stock; 0% Bonds.
Abu ‘Umar Muhammad bin Zayn Patel - Mufti Online8 Feb 2020
Holding back a portion of the profits in an investment
Generally, in certain property or livestock investments, they have a reserve which they keep for expenses and unexpected circumstances. In other…
Mufti Zakaria Makada - Ask Imaam6 Feb 2020
Is it permissible to sell covered call options on stocks to make a fixed profit?
Stock Options Question السلام عليكم May Allah reward you for your services and keep you in good health. I found a lot of generic and theoretical…
- Mufti Online5 Feb 2020
Buying and selling shares
Is buying and selling of halaal shares on the same day permissible in Islam?
Mufti Ebrahim Salejee - Mufti Online1 Feb 2020
Charging commission for promoting an investment
1. A person bought petrol stations and invites people from the community to invest in them. If I promote this investment, can I charge an…
Mufti Zakaria Makada - Mufti Online28 Jan 2020
Purchasing shares in a property rented out to a supermarket with a liquor department
Someone has purchased shares in a property that has been rented out to Checkers. Will the rental income derived from this property be permissible,…
Mufti Zakaria Makada - Mufti Online22 Jan 2020Urdu
Investment me capital waapas karne ka shart
ایک کمپنی ہے آنلائن اسکا نام ہے مائنڈ کیپٹل اسکا کام ہے کرنسی ایکسچینج پھر کرنسی ایکسچینج کیلئے تو پیسہ چاھیے بہت زیادہ اب وہ مختلف کرنسی ایکسچینج…
Mufti Zakaria Makada - Mufti Online1 Jan 2020
Sleeping partner fixing his share of the profit more than his capital investment
Ayyoob and Junaid each contributed R200 000 as their capital investment to start a business partnership. They both agreed that Ayyoob will work in…
Mufti Zakaria Makada - Mufti Online22 Dec 2019
Investing in a commercial bank
I want to invest my savings in a commercial bank which is offering a profit rate of 10%-12%. It is to bring to your notice that the profit rate will…
Mufti Zakaria Makada - Ask Imaam20 Dec 2019
What is the verdict on buying shares in the company Saudi Aramco?
Salaams, What is the verdict on buyinf shares in the company Saudi Aramco? The company has stated that they have put aside capital to garantee…
- Ask Imaam19 Dec 2019
is it permissible to own shares in a company on the stock market?
Question for me: is it permissible to own shares in a company on the stock market. ?
Ahmad Patel - Ask Imaam16 Dec 2019
As a Muslim, am i allowed to buy stocks in a hotel group?
As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh. I would like to know if as a Muslim am i allowed to buy stocks in a hotel group?
Mahmood Suliman
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.