Answered by Shaykh Muhammad Carr Question  In today’s world, especially given the current economic situation, it is becoming increasingly difficult to find a stable job or source of income. Considering the current economic challenges, is it permissible to take a government-issued business loan for an agricultural project if the loan involves interest? ِAnswer In the […]

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 […]

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 […]

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 […]