Transactions

May 10, 2022 2 mins

Is It Permissible to Sell Musical Instruments?

Answered by Shaykh Abdullah Anik Misra Question I used to play the guitar in my not-so-practicing days, but alhamdulillah, I stopped. Is the money I gain from selling my guitar halal? What will I do with the money if not? Answer In the Name of Allah, Most Merciful and Compassionate The dominant opinion from the […]
May 8, 2022 2 mins

Do We Have to Boycott Companies Involved in Oppression or Injustice?

Answered by Shaykh Faraz Rabbani Question Should I stop doing business transactions on platforms that are in support of apartheid Israel and/or complicit in the support of Uighur oppression? What is the Islamic ruling on this? Answer In the Name of Allah, the Merciful and Compassionate I hope you’re doing well, insha’Allah. The believer is […]
April 25, 2022 2 mins

When Does The Student Loan Affect One’s Nisab?

Answered by Shaykh Abdul-Rahim Reasat Question If someone took out a student loan, as the money does not enter his bank account when one organisation pays it to the other in fixed amounts, what does that mean for calculating the Zakat and seeing if one reached Nisab? Answer I pray you are well. Student loans, […]
April 24, 2022 1 min

Does the Purchase of Stocks Constitute as Financial participation in Other Relig...

Answered by Shaykh Yusuf Weltch Question I buy shares on the stock exchange. On one of the pages of its website Stock Exchange has an image of a chess king with a cross on top. The cross is a symbol of Christianity. Although the Exchange is not intended in this case to promote Christianity, but […]