Transactions

February 21, 2023 2 mins

How To Pay Zakat on Delayed Payments Stuck in the Business?

Answered by Shaykh Abdul-Rahim Reasat Question My brother is the owner of a small enterprise that takes part in government bidding for the supply of Medical, surgical, and lab items. He buys the items from vendors or manufacturers and brings them to his warehouse where he supplies them to his customers. His customers pay him […]
February 20, 2023 2 mins

How To Compensate for Lying and Using Sick Leave To Remain Absent From Work?

Answered by Shaykh Abdul-Rahim Reasat Question I worked for a company that gave their employees sick pay. Sometimes I was tired and didn’t want to go to work so every once in a while I would take the day off telling work I was sick when I wasn’t. I received sick pay for those days. […]
February 16, 2023 3 mins

Can I Open a Bank Account That Pays the Least Interest?

Answered by Mawlana Ilyas Patel Question I have a transaction account with NAB, and they allow me to set a savings goal without opening a savings account. But, with the transaction account, the bank gives you a 0.01% p.a. interest rate; is this riba even if you didn’t ask for it? Because the other accounts […]
February 14, 2023 2 mins

Can I Compensate for the Missed Hours of Work on Any Other Week of the Month?

Answered by Shaykh Abdul-Rahim Reasat Question I have a question regarding income. I currently work (intern) for a company through an external contractor. Every week, I submit a timesheet detailing my hours to the external contractor, and payment comes through them. On some weeks, I was unable to complete my 40hrs, and so I agreed […]
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