Business Fatwas

on Saturday, 13 Oct 2012 by Mawlana Ismail Desai

I wanted to buy an ipad. There is guy who offered me to pay on my behalf and then afterwards i can pay him back on 6 installments in 6 months. He will over charge me 17.5% of the total amount.

Is this whole process legal according to shar…

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on Friday, 05 Oct 2012 by Mufti Ismail Desai

I have a query in relation to Zakah dispensation. My brother is in a debt of 1200 GBP, and has 100 GBP savings. This debt is on a credit card he used to purchase his car.

His personal belongings (iphone, clothes, ps3, etc) are perhaps cur…

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on Thursday, 13 Sep 2012 by Mufti Ismail Desai

I pay my Zakaat to an organization. I request this organization to supply me with a S18A tax certificate stating that I made a donation. I use this tax exemption Certificate to pay less income tax. Is this permissible?

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on Friday, 03 Aug 2012 by Mufti Faisal bin Abdul Hameed

A woman if she is wealthy by her own and parental means, and If her husband is in debts and earning quite less, can she give zakat to her husband?.

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on Thursday, 19 Jul 2012 by Mawlana Ismail Desai

I would like to ask the following questions:

1. Is insurance Halaal?

2. What is the ruling on medical aid and hospital plan?

3. What can interest earned from the bank be used for?

Can it be used for: The poor (non Muslim and Muslim)

 …

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on Sunday, 01 Jan 2012 by Mawlana Ismail Desai

I work in the IT field for a large bank, my job requires me to provide development and support to the bank’s enterprise level applications. This enterprise application is basically the gate to all other banking applications. This tool/appl…

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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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