Transactions (Hanafi)

June 7, 2026 4 mins

Is Working in Logistics for a Financial Regulatory Body Permissible?

Answered by Shaykh Faraz Rabbani Question Is working in logistics for a financial regulatory organization considered impermissible if the work may indirectly facilitate unlawful financial activities? Answer In the Name of Allah, the Merciful and Compassionate. Working in logistics for a financial regulatory body is permissible, and the income you earn from such work is […]
June 7, 2026 3 mins

Is Trading With Prop Firms Halal?

Answered by Mawlana Ilyas Patel Question I trade E-mini Nasdaq futures (NQ) through a prop firm called Tradeify using simulated evaluation accounts and profit-split payouts. Is this permissible in Islam? Answer In the Name of Allah, the Most Merciful and Compassionate. It is not permissible to trade through any of the prop firms due to […]
May 21, 2026 2 mins

Is a Transaction Invalid Due to Gharar, and Is Its Exact Nature Unknown?

Answered by Mawlana Ilyas Patel Question My friend asked me to buy him an online subscription using my money; he would return it afterward. It had 6 pages of items, but received only 4, with 2 pages still to come and the rest unknown. Is this a gharar transaction? Answer In the Name of Allah, […]
May 17, 2026 2 mins

Can Interest Money Received through a Divorce Settlement Be Used for Family Expe...

Answered by Mawlana Ilyas Patel Question If one spouse owns a house and, after divorce, wants the other to pay damages even if they didn’t live there, and the case goes to court and the spouse loses, they must pay half the house’s value as part of marital property division. Plus, if there’s a late […]
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