Transactions (Shafii)

April 6, 2025 3 mins

Is Extra Payment for Deferred Land Purchase Permissible?

Answered by Shaykh Muhammad Carr Question Is it valid under Islamic law for a landowner to charge an extra 25,000 for deferred payment compared to a cash purchase, and how does this differ from bank interest? Answer In the Name of Allah, the Most Merciful and Compassionate. Allah (Most High) says, “That is because they […]
April 5, 2025 3 mins

Is It Permissible to Receive Payment for Liking Videos?

Answered by Shaykh Muhammad Carr Question Is it permissible to keep earnings from a scheme that initially pays for liking videos but later requires investments, knowing it may be a scam? If it is prohibited, can the money be given to the poor instead of returning it? Answer In the Name of Allah, the Most […]
March 26, 2025 3 mins

Can I Use My Interest Money to Offset My Tax Obligations?

Answered by Shaykh Muhammad Carr Question We are five partners in the business, and I am the only Muslim. I have been allocated approximately £1000 as my share of the interest accrued in our business bank account. I have already paid £450 in tax on this amount. Should I donate only the remaining £550 to […]
March 26, 2025 3 mins

Is My Profit Permissible if My Partner Uses Riba-Based Loans?

Answered by Shaykh Muhammad Carr Question I invested in a relative’s pesticide company, receiving 40% of the profit from my capital every six months while the company kept 60%. However, the company takes riba-based loans. For instance, if the total capital is $100—$40 from investments (including mine) and $60 from a bank loan—my share of […]
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