Answered by Mawlana Ilyas Patel Question Is it permissible to add insurance when hiring a car through a website like booking.com? Does this follow the same ruling as purchasing an item with an extended warranty within the transaction? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good […]

Answered by Mawlana Ilyas Patel Question Is it permissible to open a savings account with interest for added security against theft if the interest is given to charity? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are well. Thank you for your question. It is not acceptable to open […]

Answered by Shaykh Muhammad Carr Question  I lent a sum (let’s call it Y dollars) to a friend in need, with an agreed repayment period and a monthly payment plan to return the same amount. If the repayment plan is not proceeding as expected, or for any other reason, can I—with his consent—convert the loan […]

Answered by Shaykh Muhammad Carr Question  I invested in a uranium company and sold my shares after noticing their interest earnings were over 100% of sales in 2024, according to the Annual Financial Statement. However, the trailing twelve-month (TTM) figure closer to my sale showed ~20% interest earnings. What is the ruling on my earnings? […]