Business Fatwas

Is the following ICFAL home financing product Shari’ah compliant?

Assalamulaikum! I have been offered to do online commodities and forex trading with the company "Arab financial brokers" www.afb.com.kw  They claim to be shariah compliant and offer swap free accounts for trading. The software that they pr…

Kindly advise how interest money can be used

I live in Saudi Arabia and my concern is,if i can buy car on lease or on installments from company it self or by third party.

Please clear the concept of installements and if it is permisible in Islam. 

Asalamualaikum WRBT

I gave a business property on a lease to a person in March 2012 running an asian indian restaurant.  We agreed that he could not sell alcohol...however he is now asking for permission for an alcohol license as he says …

I work within a financial services bank (Standard Bank) in the information Security Architecture department. Basically the work involves consulting and securing the banks IT systems.

I am not directly advocating usury. Is it permissible t…

Investing in bullion India. Asalaamalaikum. Is investing online in gold and silver in bullion India permissible? www.bullionindia.in Jazak-Allah.

(1) Asalamualikum Mufti sahab we are an accountancy firm based in Uk. We do bookkeeping and accounting for business ess.My question is in islam is it allowed to prepare accounts and vat returns of business whose main operation is selling w…

I wanted to buy an ipad. There is guy who offered me to pay on my behalf and then afterwards i can pay him back on 6 installments in 6 months. He will over charge me 17.5% of the total amount.

Is this whole process legal according to shar…

I have a query in relation to Zakah dispensation. My brother is in a debt of 1200 GBP, and has 100 GBP savings. This debt is on a credit card he used to purchase his car.

His personal belongings (iphone, clothes, ps3, etc) are perhaps cur…