Transactions (Shafii)

December 14, 2025 2 mins

Is Trading Digital Gold Permissible?

Answered by Shaykh Muhammad Carr Question Recently, I started investing in gold—buying and selling digital gold for profit. But after the recent incident in Fasher, Sudan, my conscience is troubled about continuing this activity. Please advise me: should I stop, or would it be sinful if I continue? Answer In the Name of Allah, the […]
December 12, 2025 3 mins

Is a Mandatory Provident Fund Permissible to Join?

Answered by Shaykh Muhammad Carr Question Is it permissible to participate in a mandatory Provident Fund in which contributions are deducted automatically and invested exclusively in Shari‘a-compliant funds, and to receive the full payout upon leaving the job? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good […]
December 6, 2025 4 mins

Is Zakat Due on an Employer-Funded Workplace Pension?

Answered by Shaykh Muhammad Carr Question Do I have to pay zakat on my workplace pension scheme in the UK if its value exceeds the nisab, considering that it is a defined contribution plan funded solely by my employer? Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah reward you abundantly […]
December 6, 2025 2 mins

Is It Permissible to Work as a Compliance Analyst at an Interest-Based Brokerage...

Answered by Shaykh Muhammad Carr Question Is it permissible to work as a compliance analyst at a brokerage firm that derives part of its income from interest-based transactions, given that my responsibilities would be limited to ensuring regulatory and ethical compliance rather than participating in any trading activities? Answer In the Name of Allah, the […]
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