Business Fatwas

on Monday, 06 Dec 2021 by Mufti Ismail Desai

Assalamualaikum wrh wbh. 

 

Respected Sheikh Ismail Desai. 

 

Thanks a lot for your reply. 

 

Let me set out the transaction phase. 

 

A customer approaches bank to purchase gold. 

Customer deposit 25k as security deposit 

Bank p…

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on Sunday, 05 Dec 2021 by Mufti Ismail Desai

Dear Mufti Desai,

Thank you for your acknowledgement on participating of above mentioned subject, being a banker I am asking a question.

“Can we book foreign exchange in import & export transaction”.

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on Friday, 26 Nov 2021 by Mufti Ismail Desai

I have had correspondence regarding this issue with your late father hazrat Mufti Ebrahim (may Allah fill his qabr with noor and grant him the highest stages in the aakhira ameen). He had issued me with a fatwa and a certificate at the tim…

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on Saturday, 13 Nov 2021 by Mufti Ismail Desai

Is ebucks Halal? Please also mention good shariah compliant investments?

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on Friday, 12 Nov 2021 by Mufti Ismail Desai

Is hair transplant permissible?

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on Monday, 18 Oct 2021 by (Mufti) Ismail Desai

Please see the attached copy of how the cattle investment is working. 

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on Monday, 18 Oct 2021 by (Mufti) Ismail Desai

Please let me know if the above rental agreement by BMW is good to go from a shariah perspective

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on Monday, 11 Oct 2021 by (Mufti) Ismail Desai

Please let me know if the FNB wesbank vehicle financing agreement is Shariah compliant?

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on Monday, 11 Oct 2021 by (Mufti) Ismail Desai

Good day, I trust you are well. I run a property company that owns both residential and commercial property. We do both the investment as well as management of said property portfolio. We are unsure on whether it is shariah compliant to ac…

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on Monday, 04 Oct 2021 by Mufti Ismail Desai

I hope your are well. I would like to find out a question regarding zakaat.
If I have an Islamic homeloan, how do I calculate my zakaat each year?
I'm not sure whether the home loan is considered a liability as my simple understanding of t…

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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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