Transactions

October 5, 2025 1 min

Is It Permissible for the Author of a Book to Take Royalties from the Publishers...

Answered by Mawlana Ilyas Patel Question Is it permissible for the author of a book to take royalties from the publishers? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good faith and health. Royalties are payments made to authors based on the sales of their books. They […]
October 5, 2025 2 mins

Is Trading Gold (XAUUSD) Through Online Platforms Permissible in Islam?

Answered by Shaykh Muhammad Carr Question  Is it permissible in Islam to trade gold (XAUUSD) through platforms like MetaTrader 5 with brokers like Exness? ِAnswer Thank you for your question. May Allah reward you for ensuring that your trading complies with Islamic Law. Allah says, “O believers! Intoxicants, gambling, idols, and divining arrows are all […]
October 4, 2025 3 mins

I Trade Futures Contracts Using an Intraday Scalping Strategy, Is This Trading H...

Answered by Shaykh Muhammad Carr Question  I trade futures contracts using an intraday scalping strategy. I open and close all trades within the same day and never hold positions overnight. I use only my own capital and apply leverage based on my own funds — no margin, borrowing, or interest (riba). My trading strategy relies […]
October 3, 2025 2 mins

Is It Permissible to Receive Welfare Payments as a Student If My Father May Have...

Answered by Mawlana Ilyas Patel Question Is it permissible to receive welfare payments as a student if I have provided accurate information, but my father may have underreported his income, and I have no control over it? Answer I pray you are in good faith and health. Thank you for your question. If you were […]
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