Tag Archive for: savings

Is Keeping Savings in XAU (Gold-Indexed Currency) in a Bank Account Permissible?

Answered by Shaykh Muhammad Carr Question Is it permissible…

Can I Join an Employee Savings Plan for Bonuses If Profits Are Given to Charity?

Answered by Shaykh Abdul-Rahim Reasat Question Is it permissible…

Who Must Pay Zakat on Money Held in a Child’s Name?

Answered by Shaykh Abdul-Rahim Reasat Question Who must pay…

Is a Mandatory Provident Fund Permissible to Join?

Answered by Shaykh Muhammad Carr Question Is it permissible…

Is Zakat Due on an Employer-Funded Workplace Pension?

Answered by Shaykh Muhammad Carr Question Do I have to pay…

Should I Wait or Purify Impermissible Earnings Immediately?

Answered by Shaykh Muhammad Carr Question A small portion of…

What Is the Ruling on Keeping Money in a Bank Without Receiving Interest?—Shaykh Abdul-Rahim Reasat

Answered by Shaykh Abdul-Rahim Reasat Question What is the…

Is It Permissible to Open a Current Account with an Overdraft Facility?

Answered by Shaykh Muhammad Carr Question I want to open a…

How Is Zakat Calculated on Savings Held in Banks?

Answered by Shaykh Dr. Muhammad Abu Bakr Badhib Question How…

Can a Revert Use Pre-Islam Savings After Accepting Islam? – Shaykh Abdul-Rahim Reasat

Answered by Shaykh Abdul-Rahim Reasat Question Can a revert…