Business Fatwas

Is XRP and ripple shariah compliant?

Assalamu Alaykum. I would like to gain clarity on the Masalah of forex trading especially the issue of Cash FX Trading as per the website www.cashfx.com. 

Assalamu Alaykum. Can we invest via the Kucoin decentralized platform and other decentralized platforms? I have registered to trade bitcoin via kucoin where the exchange occurs immediately via the platform. 

I purchase gold at todays market rate with my own money. my wife says I will purchase from you when you want to liquify with 50% of either profit or loss at the time of selling. Will this kind of arrangement can be done. JZK

Assalamu Alaykum Mufti Saheb. I have a question about Zakat on gold. My in-laws gifted us jewellery when I got married and the gold was to be used in times of need in the future. The gold was never given to us to keep but always with my in…

Assalamu Alaykum Mufti Saheb. Can we trade via bitcoin mining trader ands luno platform and can you send me the ocntact details Plz. JazakAllah Khair. 

Salaam. I hope you are well. Assuming one is operating a microfinance company in a country that has no stock exchange. My question is how could this microfinance company provide liquidity for clients without using commodity Murabaha/tawarr…

I would like to ask you about an investmenrt which is called hyper fund? I have attached a link for your information. Basically you buy a membership and receive daily returns in hyper units. Also you can invite other people and earn a shar…

Assalamu Alaykum. I purchased a vehicle and it comes with a 1 year roadside assistance plan eg-if anything happens they will assist free of charge. bidvest Mccarthy is the company that offers this service. they have offerred us an upgrade …

Assalamu Alaykum Wa rahmatullahi Wa Barakatuhu. I would like to know if staking crypto specifically on the TIME WONDERLAND platform is Shariah Compliant. They give a big amount of APY back for their holders, and I don't know if that APY is…