Answered by Shaykh Muhammad Carr Question What is the ruling on trading (1) CFD forex and gold, and (2) gold ETFs? Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah reward you for ensuring that your trading is sharia-compliant. Contracts for differences in forex and gold are impermissible as you do […]

Answered by Shaykh Muhammad Carr Question I’m trying to build wealth through the stock market in a way I’m confident is halal. I’ve done extensive research, but I feel lost between two scholarly positions. The strict view (Fiqh Academy, Muslim World League): All shareholders are responsible for a company’s incidental riba because management acts as […]

Answered by Shaykh Irshaad Sedick Question I bought Pokémon cards to resell as an investment. Doubting whether they were lawful to sell, I swore, “Wallahi, I will not sell them until I get a fatwa,” yet I kept adding to my stock. They are now worth a lot. Can I sell them and be done […]

Answered by Shaykh Muhammad Carr Question I am a Muslim in Chennai. I need to move urgently due to my autistic son’s needs and severe housing discrimination (48 of 55 rentals rejected us for being Muslim). In Chennai, a “lease” model exists where the tenant pays a ₹10–15L deposit, the owner uses it, and the […]