Transactions (Hanafi)

April 25, 2026 3 mins

Can I Enroll in a Health Benefits Package That Includes Life Insurance?

Answered by Shaykh Faraz Rabbani Question Can I enroll in a health benefits package that includes life insurance if I need the medical coverage for treatment? Answer In the Name of Allah, Most Merciful and Compassionate. Yes, it is permissible to enroll in such a package when the primary benefit is lawful, and the need […]
April 19, 2026 3 mins

Is it Valid to Sell Commissioned Artwork Without a Fixed Deadline?

Answered by Mawlana Ilyas Patel Question Is it valid to sell commissioned artwork when no fixed deadline is agreed upon, and payment is made either upfront or after completion? If no deadline is set, is it acceptable to give a flexible or approximate timeframe, such as “in a few weeks,” to avoid uncertainty? Answer In […]
April 11, 2026 3 mins

Are LEAP Stock Options Permissible Under Shari‘a Principles?

Answered by Mawlana Ilyas Patel Question I am seeking clarity regarding the Shariah ruling on LEAP stock options. I reviewed the SRB paper “Taking a LEAP with Shari‘a in the World of Options,” which states that options are impermissible due to gharar and invalid subject matter. However, the claim that price speculation is simply “a […]
April 7, 2026 2 mins

Is Opening a Real Estate Business Permissible If Insurance Is Legally Required?

Answered by Shaykh Abdul-Rahim Reasat Question Is opening a real estate business permissible where insurance is legally required? Answer I pray you are well. Yes, this can be permissible in situations where insurance is legally required and comes under indemnity and liability laws. Sometimes, property insurance or public liability insurance is required to operate. In many […]
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