Business Fatwas

on Monday, 18 Oct 2021 by (Mufti) Ismail Desai

Please let me know if the above rental agreement by BMW is good to go from a shariah perspective

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on Monday, 11 Oct 2021 by (Mufti) Ismail Desai

Please let me know if the FNB wesbank vehicle financing agreement is Shariah compliant?

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on Monday, 11 Oct 2021 by (Mufti) Ismail Desai

Good day, I trust you are well. I run a property company that owns both residential and commercial property. We do both the investment as well as management of said property portfolio. We are unsure on whether it is shariah compliant to ac…

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on Monday, 04 Oct 2021 by Mufti Ismail Desai

I hope your are well. I would like to find out a question regarding zakaat.
If I have an Islamic homeloan, how do I calculate my zakaat each year?
I'm not sure whether the home loan is considered a liability as my simple understanding of t…

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on Monday, 04 Oct 2021 by (Mufti) Ismail Desai

I am a barrister specialised in the field of taxation. The part time offer I have been given is to be the executive director of the management company. A management company normally set up, manage, and provides nominee services to global c…

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on Monday, 04 Oct 2021 by (Mufti) Ismail Desai

Assalamu Alaykum. Hope you are well Mufti Saheb. If one partner passes away from the business which includes 3 other partners. Does the entire partnership dissolve or only his share? According to what I remember its only his share.

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on Sunday, 03 Oct 2021 by (Mufti) Ismail Desai

Assalamualaikum wrwb, If someone owns a business in which they sell appliances. When they purchase these appliances to sell, the VAT is paid back to the business. If family come to purchase appliances from them, are they allowed to purchas…

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on Sunday, 03 Oct 2021 by (Mufti) Ismail Desai

Is it permissible to buy shares in a company such as City Lodge hotels. Although they do sell non halal food and drink this does not make up more than 30% of business revenue. Can one do so and if one can then, does one clean the investmen…

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on Sunday, 03 Oct 2021 by (Mufti) Ismail Desai

A car dealer purchased a vehicle from a individual, the individual was paid for the vehicle in full. A few days later the dealer picked up that the vehicle missed a service while under the ownership of the seller and now the motor manufact…

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on Thursday, 30 Sep 2021 by (Mufti) Ismail Desai

Salaams, in a sectional title body corporate, any levy in arrears gets charged a 2% interest rate every month. Is there a shariah compliant solution to arrear accounts, that can charge a halal penalty rather than interest?

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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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