Business Fatwas

on Sunday, 02 Jan 2022 by (Mufti) Ismail Desai

Assalamu Alaykum Mufti Saheb. I have a question about Zakat on gold. My in-laws gifted us jewellery when I got married and the gold was to be used in times of need in the future. The gold was never given to us to keep but always with my in…

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on Saturday, 01 Jan 2022 by Mufti Ismail Desai

Assalamu Alaykum Mufti Saheb. Can we trade via bitcoin mining trader ands luno platform and can you send me the ocntact details Plz. JazakAllah Khair. 

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on Friday, 31 Dec 2021 by Mufti Ismail Desai

Salaam. I hope you are well. Assuming one is operating a microfinance company in a country that has no stock exchange. My question is how could this microfinance company provide liquidity for clients without using commodity Murabaha/tawarr…

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on Thursday, 30 Dec 2021 by Mufti Ismail Desai

I would like to ask you about an investmenrt which is called hyper fund? I have attached a link for your information. Basically you buy a membership and receive daily returns in hyper units. Also you can invite other people and earn a shar…

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on Wednesday, 29 Dec 2021 by Mufti Ismail Desai

Assalamu Alaykum. I purchased a vehicle and it comes with a 1 year roadside assistance plan eg-if anything happens they will assist free of charge. bidvest Mccarthy is the company that offers this service. they have offerred us an upgrade …

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on Tuesday, 28 Dec 2021 by Mufti Ismail Desai

Assalamu Alaykum Wa rahmatullahi Wa Barakatuhu. I would like to know if staking crypto specifically on the TIME WONDERLAND platform is Shariah Compliant. They give a big amount of APY back for their holders, and I don't know if that APY is…

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on Monday, 27 Dec 2021 by Mufti Ismail Desai

Assalamu Alaykum. is it permissible for the Mudarib to take part of the Mal to run some of its expenses for the execution of the Mudharabah? How to make a conventional VC Fund Islamic for Islamic start ups? 

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on Sunday, 26 Dec 2021 by Mufti Ismail Desai

Slmz

 

Respected Mufti

I have 3 questions:

1. is the profits earned from FNB Islamic savings account Halal?

2, Is FNB Islamic home loan permisible

3. Is buying and selling shares permissible

 

JZK

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on Saturday, 25 Dec 2021 by Mufti Ismail Desai

Assalamu Alaykum. hope Hazrat Mufti Saheb is well. Allah grant Hazrat Mufti Ebrahim Saheb the highest stages in Jannah. Ameen. We have a family business in which we sell cars. We sell middle to high priced vehicles. We have an FNI (finance…

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on Friday, 24 Dec 2021 by Mufti Ismail Desai

Please advise if Waqf land can be leased out to homeowners association on which certain impermissible activities (selling alcohol) is done. There is no financial need from the owners of the Waqf land. The proportion of the impermissible ac…

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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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