Question 1. Can you please advise me if the f/f is halaal or haraam: - Medical aid - Retirement Annuity fund - Pension fund - Provident fund, If not could you please advise me if there is halaal medical aids.RAFs,pensions and provident funds. 2. I heard that there is halaal insurance called tafakul-is it really halaal. Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most … [Read more...]
if the f/f is halaal or haraam:
This post has 1,530 views.
October 16, 2012 by
Question 1. Can you please advise me if the f/f is halaal or haraam: - Medical aid - Retirement Annuity fund - Pension fund - Provident fund, if not could you please advise me if there is halaal medical aids.RAFs,pensions and provident funds. 2. I heard that there is halaal insurance called tafakul-is it really halaal. Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most … [Read more...]
I dont sell insurance
This post has 4,022 views.
October 11, 2012 by
Question I would like to know if working for a short term insurance company haraam.I dont sell insurance but work on existing policies dealing with cars and homes? Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāh wa-barakātuh. It is not permissible to work for an insurance company. Conventional insurance have elements of interest and gambling in them, … [Read more...]
Is it permissible to work
This post has 1,325 views.
October 6, 2012 by
Question I am working in Saudi Arabia in Finance Department. My company is in construction process and currently we have two source of cash inflows 1. Shares Capital 2. Interest/Profit on this Shares Capital, which is placed in banks in Murahaba (so called). My responsibilities include beside other to check calculation of this profit/Interest and also keep all memorandum record and accounting entries, but I am not sole … [Read more...]
to let a part of your shop
This post has 1,245 views.
October 4, 2012 by
Question Is it permisible to let a part of your shop to shoprite ? we shall make an agreement preventing them from selling alchohol. as per their usual buisiness they shall be operating a deli and butchery and selling haraam meat. Will the income be halaal ? Answer Muhtaram / Muhtaramah In the Name of Allāh, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum … [Read more...]
Is there Zakaat on long term
This post has 1,370 views.
October 1, 2012 by
Question Is there Zakaat on long term investments : 1.Shares on stock market – not for trading but for long term growth 2.Unit Trusts – not for trading but for long term growth ( eg. Oasis or Albaraka unit trusts taken out for kids ) 3.RA – long term investment 4.Monthly investment of a fixed amount for long term growth eg. R500 per month in an investment builder Please advise on above, as I recently heard that Zakaat is … [Read more...]
