Answered by Shaykh Muhammad Carr Question I have been offered a position as Head of Data Analytics at a Buy Now, Pay Later (BNPL) company. The company provides financing for consumer electronics, including phones, televisions, and refrigerators. A customer may wish to purchase a phone from one of the company’s partner stores for $2,000, but […]

Answered by Shaykh Muhammad Carr Question Is hiring a freelance writer for one hour to write a product caption valid? Is the contract valid when the quality standard is unspecified and only an hourly rate (with a maximum number of hours) is agreed upon? Answer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Mawlana Ilyas Patel Question What is the ruling on a partner under-reporting income to save around £700 annually in taxes? The partner owns 20%, the other 80%. He asks if this makes his earnings impermissible and how to handle it. Answer In the Name of Allah, the Most Merciful and Compassionate. I trust […]

Answered by Shaykh Muhammad Carr Question  What is the ruling on buying stocks based on companies that produce net positive value creation but carry interest-based debt of more than 30%? The debt funds genuine productive investments, for example, an engineering firm that builds infrastructure.  Answer In the Name of Allah, the Most Merciful and Compassionate. […]