Business Fatwas

on Wednesday, 29 Sep 2021 by (Mufti) Ismail Desai

What is the shariah ruling on Currency Online Trading of USD GBP Nasdaq ect Is it permissible??

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on Wednesday, 29 Sep 2021 by (Mufti) Ismail Desai

What are the expected tenets, products and services of a true Islamic Bank

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on Tuesday, 28 Sep 2021 by (Mufti) Ismail Desai

I would like to know if EFT (Exchange traded funds) are allowed in Islam and how do I without any financial Background know which investments are halal to invest in?

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on Tuesday, 28 Sep 2021 by Mufti Ismail Desai

I have an urgent please.
I live and study in the UK, I am undertaking a 4-year degree, and I took a government interest bearing student loan for the first 3 years not knowing it was haraam. I am about to begin my 4th year and I have 2 opti…

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on Tuesday, 28 Sep 2021 by (Mufti) Ismail Desai

I want to ask a question relating to Gold. 
Can a financial institution purchase gold on behalf of client and sells the same to client on mark up on deferred basis. Basically thr way murabaha for asset financing works in case of vehicle an…

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on Monday, 27 Sep 2021 by Mufti Ismail Desai

I have my salary account in one of the banks in China with all my savings in it. And the zakah is wajib and is paid every year Alhamdulillah.
From last year the account is blocked due to my passport expiry in their system which means i nee…

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on Monday, 27 Sep 2021 by (Mufti) Ismail Desai

Is it permissible to open a 'barber shop' or have shares in it? Keeping in mind the issue of shaving and the qaza' haircut

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on Monday, 27 Sep 2021 by Mufti Ismail Desai

I want to start my own courier business and I need your advice.

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on Friday, 24 Sep 2021 by (Mufti) Ismail Desai

I am emailing in regards to the shariah compliant drop shipping method you spoke about on Twitter. Look forward to hearing from you. JZK. 

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on Wednesday, 25 Aug 2021 by Mawlana Ismail Desai

1. I have 2 plots that I have inherited from my father. I have intended to sale one and (then from the sale money) build on the other one. Please tell me whether I have to pay zakat on the plot that I intend to sale in future, although my …

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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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