Answered by Shaykh Muhammad Carr Question Is it permissible to purchase gold or silver from a physical shop using a credit card (such as Visa or Mastercard), considering that the actual transfer of payment is delayed due to the nature of credit card transactions? Answer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Shaykh Muhammad Carr Question Is it permissible to have gold jewelry manufactured abroad, maintain a cash amana with the factory, and conduct spot transactions by phone in which the factory completes the items, calculates the gold price and associated charges, immediately deducts the amount from my amana, issues an invoice, and sets the […]

Answered by Shaykh Muhammad Carr Question I am considering a remote role selling life and supplemental insurance through virtual meetings, with income primarily from commissions and possible renewal payments. Answer In the Name of Allah, the Most Merciful and Compassionate. Thank you for reaching out and seeking clarification on this important matter. It’s commendable that […]

Answered by Shaykh Muhammad Carr Question Is participating in a funded trading program and earning profit by trading company stocks with a firm’s capital permissible in Islam if the trader only pays a subscription fee and shares profits with the firm? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you […]