Transactions

February 22, 2025 4 mins

Is It Permissible to Borrow Money for Non-Essential Items?

Answered by Dr. Muhammad Fayez Awad Question What is the ruling on borrowing money to buy non-essential items? Answer All praise is due to Allah, Lord of the worlds. Blessings and peace be upon the Master of the Messengers, his Family, and all his Companions. Permissibility of Borrowing One of the virtues of Sacred Law […]
February 22, 2025 6 mins

Is Ownership Required Before Negotiation or After Closing a Deal When Selling Pr...

Answered by Shaykh Muhammad Carr Question A product costs $80 from the supplier. X and Y agree on $100, Y pays X $100, and X then buys the product for $80, delivering it to Y for a $20 profit. A product costs $80 from the supplier. X and Y agree on $100, but X buys […]
February 20, 2025 1 min

What Are the Guidelines on Student Loans in Non Muslim Countries? – Shaykh...

Answered by Shaykh Faraz Rabbani What Are the Guidelines on Student Loans in Non Muslim Countries? Shaykh Faraz Rabbani explains the Islamic guidelines on student loans in non-Muslim countries. He clarifies the rulings on interest-based loans and explores permissible alternatives Shaykh Faraz Rabbani, a distinguished scholar in the Islamic sciences, is the Founder and Executive […]
February 20, 2025 1 min

Is Earning Through Online Platforms, Freelancing, or Ridesharing Permissible? &#...

Answered by Shaykh Faraz Rabbani Is Earning Through Online Platforms, Freelancing, or Ridesharing Permissible? Shaykh Faraz Rabbani explains the permissibility of earning through online platforms, freelancing, and ridesharing in Islam. He outlines key ethical considerations and conditions to ensure lawful income. Shaykh Faraz Rabbani, a distinguished scholar in the Islamic sciences, is the Founder and […]
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