Transactions (Hanafi)

March 7, 2026 2 mins

Can I Keep Extra Money With Interest Paid From Withheld Profit Share?

Answered by Mawlana Ilyas Patel Question My employer withheld part of my profit share for several years and later paid it as a lump sum that exceeded the original amount withheld due to investment returns that included interest. Is it permissible for me to accept the full amount, or must I forgo the excess? Answer […]
February 20, 2026 2 mins

Is It Permissible to Own Silver Items for Both Use and Investment?

Answered by Shaykh Abdul-Rahim Reasat Question Is it permissible to own and use silver items for both use and investment? Answer I pray you are well. Owning Silver It is permissible to own silver without restriction. There is no issue in possessing silver in any quantity. However, one must ensure that zakat is paid on it […]
February 15, 2026 2 mins

Is Legally Required Business Insurance Permissible?

Answered by Shaykh Abdul-Rahim Reasat Question Is opening a business with legally required insurance permissible when no halal alternative exists? Answer I pray you are well. Yes, it is permissible. The main thing you are doing is opening a business. You are not doing this in order to take out insurance as the primary objective. […]
February 12, 2026 2 mins

Is Repaying Monetary Value Sufficient if an Item Cannot Be Returned?

Answered by Shaykh Abdul-Rahim Reasat Question Is repaying an item’s monetary value sufficient when the original item cannot be returned? Answer I pray you are well. Yes, it is sufficient in such a case. Returning Wrongfully Taken Property The primary concern in this matter is that if a person has taken someone else’s property wrongfully, or […]
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