Answered by Shaykh Abdul-Rahim Reasat Question What is the ruling on buying, selling, keeping, or making items associated with non-Islamic religious practices or non-Islamic cultural practices? Answer In the Name of Allah, the Most Merciful and Compassionate. The rulings differ depending on whether an item is connected to the religious practices of another faith or to […]

Answered by Mawlana Ilyas Patel Question Is charging a 50% refundable deposit for a service permissible? Answer In the Name of Allah, the Most Merciful and Compassionate. Yes, it is permissible to charge a refundable deposit when offering a service. A deposit is a trust (amana) in the hands of the one who holds it, […]

Answered by Shaykh Faraz Rabbani Question Is it permissible to buy and sell gold on a spot basis when the sale completes immediately, but the payment reaches the seller’s bank account a day later due to administrative bank processing? Answer In the Name of Allah, the Merciful and Compassionate. Yes, this is permissible. When the […]

Answered by Mawlana Ilyas Patel Question Is it permissible for a landlord to collect a security deposit if the law requires it to be placed in an interest-bearing account, and are there lawful alternatives? Is landlord or property insurance permissible to protect an investment? And what reliable resources are recommended for learning Islamic finance and […]