Business Fatwas

on Sunday, 03 Oct 2021 by (Mufti) Ismail Desai

A car dealer purchased a vehicle from a individual, the individual was paid for the vehicle in full. A few days later the dealer picked up that the vehicle missed a service while under the ownership of the seller and now the motor manufact…

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on Thursday, 30 Sep 2021 by (Mufti) Ismail Desai

Salaams, in a sectional title body corporate, any levy in arrears gets charged a 2% interest rate every month. Is there a shariah compliant solution to arrear accounts, that can charge a halal penalty rather than interest?

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on Thursday, 30 Sep 2021 by (Mufti) Ismail Desai

Assalamu Alaykum Respected Mufti. I read your Fatwa regarding dropshipment. I have a question regarding this. Is it permissible for me (retailer) to purchase goods on dropshipment. For example, I buy milk from clover. I order the goods dir…

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on Thursday, 30 Sep 2021 by (Mufti) Ismail Desai

Slm. Hope you are well. This is not a hair color but it works to stimulate the hair follicle to produce melatonin to get the original hair color, is this allowed?

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on Thursday, 30 Sep 2021 by (Mufti) Ismail Desai

A single mum of 2 is living in rented accommodation which is partly owned by the Government. Shes working 10 hours a week to top up the rent but she is financially struggling. In such circumstances is she entitled to Zakat, Sadaqah or lill…

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

سلام عليكم ورحمة الله وبركاته How are you doing, respected Mufti Saheb? May Allah grant your father the highest stages in Jannat. Ameen Of late, retail forex trading has caught my attention. I would like to know if it is permissible in Isl…

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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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Legacy of Mufti Ebrahim Desai in Islamic Commerce and Finance

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