Answered by Shaykh Muhammad Carr Question  Is it permissible in Islam to earn passive income by selling self-made digital products, such as slides and templates, online — even if each sale requires no further effort after the product is created? ِAnswer In the Name of Allah, the Most Merciful and Compassionate. I pray you are […]

Answered by Shaykh Muhammad Carr Question  I want to invest exclusively in Sharia-compliant stocks and use platforms such as Musaffa and Islamicly to screen for interest-bearing debt, assets, and impermissible income. If a stock meets these criteria, is it permissible to invest in it? ِAnswer In the Name of Allah, the Most Merciful and Compassionate. […]

Answered by Shaykh Muhammad Carr Question  I was looking for a way to earn some money and discovered that on Coinbase, if you purchase a Proof-of-Stake coin—like Ethereum—and leave it in your account, it can be used to help verify transactions on the network. In return, they pay you a fixed annual percentage of your […]

Answered by Shaykh Muhammad Carr Question My question is: Most investment brokers offer custodianship of shares today. Is this form of beneficial ownership considered permissible according to the Shafi‘i School? ِAnswer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good faith and health. Thank you for your question. […]