Transactions

July 4, 2023 2 mins

What is the Ruling on the Exchange of Different Currencies?

Answered by Mawlana Ilyas Patel Question My father exchanged money, but it was not simultaneous. So, the transaction was haram. But what about the money? My father has exchanged 10,000 SEK for a different currency. So will the whole 10,000 SEK of my father be haram? If so, how can we make it halal? If […]
June 27, 2023 2 mins

Reader on Stealth and Returning Stolen Items

In the Name of Allah, the Merciful and Compassionate “Do not consume one another’s wealth unjustly, nor deliberately bribe authorities in order to devour a portion of others’ property, knowing that it is a sin.” [Quran, 2:188] “As for those who repent, believe, and do good ˹in this world˺, it is right to hope that they […]
May 28, 2023 3 mins

How Do I Make Amends after Benefitting from Hacked Modems and Accounts?

Answered by Mawlana Ilyas Patel Question When I was younger, I used a “hacked” internet modem to get free internet access for personal use. Also, I used “hacked” video streaming platform accounts to access other people’s accounts for free. For some accounts, I made a “trade” with others for something of value (i.e., six months […]
May 4, 2023 1 min

How Do I Calculate My Zakat on the Stock of Cars Stuck Due to Lockdown?

Answered by Shaykh Abdul-Rahim Reasat Question I am a car salesman. I have cars to the value of R200000 in stock at the moment. Due to the current lockdown period, I cannot sell any of my stock. I only have R13000 in my bank account, and that is before I have to pay my expenses […]
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