Answered by Shaykh Muhammad Carr Question Is hiring a freelance writer for one hour to write a product caption valid? Is the contract valid when the quality standard is unspecified and only an hourly rate (with a maximum number of hours) is agreed upon? Answer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Shaykh Muhammad Carr Question  What is the ruling on buying stocks based on companies that produce net positive value creation but carry interest-based debt of more than 30%? The debt funds genuine productive investments, for example, an engineering firm that builds infrastructure.  Answer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Shaykh Muhammad Carr Question  I am a senior undergraduate student pursuing my degree in Kansas. I am trying my best to avoid riba and student loans altogether. Based on current estimates, my educational expenses for the upcoming academic year (Fall and Spring semesters) will be approximately $6,500–$7,500, including anticipated tuition increases and university […]

Answered by Shaykh Muhammad Carr Question Is it permissible to sell a silver coin still valid for circulation for more than its face value due to its silver content? Answer  Selling a coin for more than its face value on account of its silver content is permissible when the transaction involves gold or any other […]