Transactions

October 20, 2023 2 mins

Is It Permissible in a Business Where One Partner Takes the Risk of Loss?

Answered by Mawlana Ilyas Patel Question Is it permissible to do a business deal where partner(s) B will work with you and also provide some funds XY to both cater for the business and your needs as a debt, but on the condition that your agreed profit shares will not be taken by either party […]
October 15, 2023 2 mins

Is Insurance in a Civil War Type Country Allowed?

Answered by Mawlana Ilyas Patel Question I’m from Burma, where a civil war is occurring across the country, and robbery is increasing even during the daylight in the crowd. I’m an import and distribution business in which we have warehouses, showrooms, cars, and other unsafe assets that can be attacked or robbed randomly by an […]
October 10, 2023 2 mins

Can I Take Articles from Websites and Translate Them for Publication without Per...

Answered by Shaykh Faraz Rabbani Question I am freelancing, using articles from other websites, translating them into another language, and earning money. Does this practice comply with Islamic principles? Until now, we have been earning money through the aforementioned work. Is the money we have earned considered halal or haram? Can we use this money? […]
October 10, 2023 2 mins

What Is Meant by the “War” Declared Against Those Who Deal in Interest?

Answered by Ustadh Farid Dingle Question What is meant by the “war” declared against those who deal in interest? Answer Allah Most High says, “O you who have believed, fear Allah and give up what remains [due to you] of interest if you should be believers. And if you do not, then be informed of […]
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