I am a day trader of stocks. Is it permissible to short sell in Islam?

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Question I am a day trader of stocks. Is it permissible to short sell in Islam. Short selling is the selling of a stock that the seller doesn’t own at the time of selling them. He sells them in the hope that the price of those shares will decline, and he will profit by buying back those shares at a lower price. Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāh … [Read more...]

14 Advices for Ulama’ and Asaatiza

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When Hadhrat Mufti Mahmood Hasan Saahib Gangohi (RA) sent his beloved student, Hadhrat Mufti Ahmad Kanpuri Saahib (db) to Dhabel to teach, he gave him 14 advices which is a great lesson for all teachers.[1] They are as follows; 1. Don’t look out for position and status. For example, Do not demand to teach a certain kitaab or ask to be posted to a certain position. 2. Don’t ever ask for money i.e. Do not ask for a particular amount as a salary … [Read more...]

Benefits of Remembering Death by Sheik-ul Hadith Hadhrat Maulana Zakaria Rahmathullahi ‘alaihi

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In The Name of Allah, The Most Gracious, The Most Merciful Hazrat Ibne Umar (Radiyallahi 'Anhu) says: "I was one among ten people who came into the presence of Rasulullah Sallallahu Alaihi Wasallam. One Ansari stood up and asked Nabi Sallallahu Alaihi Wasallam): "Who is the most intelligent and careful person?" Prophet Sallallahu Alaihi Wasallam replied: "Those people who remember death most and prepare for it most. These are people who have … [Read more...]

Is it allowed to have an abortion if you were raped?

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Question Is it allowed to have an abortion if you were raped? Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāh wa-barakātuh. Allah, The Most Merciful, has created mankind and out of His wisdom has stipulated laws to govern them. The laws of Shari’a are such that different needs and conditions of people are kept into consideration in such a manner that no person … [Read more...]

Why does a male inherit double of a female?

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Question In Islamic Law of Inheritance a male receives two shares & a female receives one share of a deceased’s estate. Could you please explain the reason for this situation from an Islamic Perspective? Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāh wa-barakātuh. 1. As Muslims, we are required to express submission to Allah Ta’ala and His commands, for this is … [Read more...]

The Despised Practice of ‘Ulama Forming Groups

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Hakeemul Ummat Moulana Ashraf Ali Thanwi (rahmatullahi alaih) says: “Ulama have understood mere book knowledge to be sufficient. They acquire knowledge without considering action to be necessary. Whereas, the objective of `ilm is `amal. Their condition is such that neither is their inner character correct nor do they have the concern to correct it. Regarding this, there are two traits that are very distasteful to me, and let alone me, in the … [Read more...]