Business Fatwas

Please help me to know about Islamic Banking, theory, systems, etc. Also kindly provide address of organization or bank in Middle East which successfully adopted pure Islamic Banking theory

I am paying installments on a property [shop] which is not under my name yet. Once I will complete all the installments then landlord will transfer the shop under my name. Do I have to pay zakaat for it? I have started my installments from…

I have give money to builder for investing purpose he will invest this money in his projects when he sell flats he will return an amount as per loss/profit is this permissible according to shariah ?

I would like to know if it is correct to give Zakaat and take a receipt. Then submit the receipt as a donations tax and receive a rebate?

Dear Sir,

Assalam o alaykum!
I hope you would be doing fine by the grace of Allah Almighty.
I have a query regarding the online trading whether it’s halal in Islam or not?
The procedure being followed in this online trading is as follows:…

Assalam Dear Imam,

Recently I got answer related to binary option trading which is impermissible. It was clear. If that amount of money received earlier or now due to previous trading, since at that time i am ignorant of its permissinlity…

We are having a common practice of BC wherein few people join and set up a figure to be paid each month.In one of it forms they put an option for the partners to offer lowest amount and same amount will be given to the person. Each person …

Can i give monetory helpto a muslim from the bank interest ?

Is it permissable to buy a car in instalment scheme if the manufacturer and financier are the same company even if they are added intrest in the invoice value. How can we purchase a car in instalment scheme without involving haram aspects.

Due to my income, I can’t get an approval from one of the Sharia financing companies here in USA, like Guadance, LaRiba or Ijara, but I can get an approval from other banks. The question I have is, what if I go with another bank with 30 yr…