Can you explain halal financing through a Murabaha agreement?

Question: Can you explain what Halal financing through a Murabaha agreement is, and how it differs from conventional financing? Answer : Murabaha is one of the most straightforward contracts in the Islamic finance industry. Simply put, it is a cost-plus-profit sale. But it must meet several key conditions (cornerstones): 1. Ownership:The financial institution (in this … Read more

Is It Halal to Work for Food Delivery Apps Like DoorDash or SkipTheDishes?

Question:What is the ruling on delivering food with services like SkipTheDishes or DoorDash? Is it halal or haram, since people can order food that includes pork or other haram items? If it’s not allowed, how can someone do only certain orders and not others? JazakAllahu khair. Answer:If the restaurant you’re picking up from mainly sells … Read more

Is dropshipping halal?

Question: There is this business model called dropshipping where you create a store and sell products without having any sort of possession of the products, would this be permissible to sell products without having possession of them? Answer: Dropshipping is a business model where you create an online store, list products for sale, and when … Read more

Is it allowed to work for MasterCard or Visa?

Question: Is it allowed to work for MasterCard or Visa? Answer:It depends on the nature of the work. MasterCard and Visa primarily operate in the financial sector, offering services that are largely based on interest-bearing (riba) contracts, which are not considered halal in Islamic finance. Therefore, it is not permissible to be directly involved in … Read more

Do I have to pay zakat on my watch collection?

Question: Do I have to pay zakat on my watch collection? Answer: It depends on your intention behind owning the watches. If you bought the watches as an investment, with the intention of selling them later to make a profit, then zakat is due on their current market value. In this case, they are considered … Read more

Do Women Pay Zakat on Their Personal Gold Jewelry?

Do Women Pay Zakat on Their Personal Gold Jewelry? How to Understand the Hadiths and the Different Opinions 1. The Hadith About the Gold Bangles This is one of the key hadiths used as evidence by the Hanafi school: A woman came to the Prophet ﷺ with her daughter wearing two thick gold bangles.He asked, … Read more

Can I use a credit card?

Question: How to live in western society without a credit card? Ex- rent, travel, credit score, etc. And how to discuss with family that wants you to get a credit card. Answer: According to the Assembly of Muslim Jurists of America (AMJA), in today’s Western society, especially in North America, having a credit card has … Read more

سؤال mortgage

Question:السلام عليكم ، بعد إذنك عندي سؤالmortgageبس اسمح لي بمقدمة قصيرة، تزوجت من 30 سنة ولم اشتري بيت بسبب اللكن بعد 8 سنوات جائت فتوى من الشيخ القرضاوي رحمه الله، فاشتريت بيت.mortgage $230000 أليوم انا عنديوقررت أن اشتري بيت صغير حتى اقلل من المبلغ، لكن لم نجد بيت مناسب فاشترينا بيت جديد، حيث أنه بعد$mortgage … Read more