March 17, 2010
by Ml. Muhammed Shoayb
0 comments
Questions: 1)Can you kindly comment on the following piece? 2)Are you paid to give any fatwa or religious edict? 3)Do you accept monies from local or people abroad to fund any part of your personal income? 4)for marriages? 5)other local … Continue reading
March 16, 2010
by Ml. Muhammed Shoayb
0 comments
Q: I sold my business for 7 million dollars. I was paid 4 million upfront. My question is on the 3 million that i do not have in my possession. Do i pay zakat on it each year? How would … Continue reading
March 8, 2010
by Ml. Muhammed Shoayb
0 comments
Question/Comment: Assalam Alaikum 1) Whats the hanafi ruling on this 2) Sometimes opting out of a loan is extremely difficult especially for graduate school. What if one knows they cannot pay right away and would like to use the two … Continue reading
March 3, 2010
by Ml. Muhammed Shoayb
4 Comments
Q: On hanbali fiqh I got a zero percent interest loan for 2 years. would it be permissible to opt for such a loan? Some local scholars i discussed with a while back in XXXX (location name withheld) have made … Continue reading
March 2, 2010
by Ml. Muhammed Shoayb
0 comments
Q: Salaam-walikum, 1) Is investing in the Forex (currency) Markets haram? 2) Forex Markets is a currency market, but the investment is high at risk, is it still considered haram? 3) I heard investing in currency, or even simply working … Continue reading
February 7, 2010
by Ml. Muhammed Shoayb
1 Comment
Q: we are two brothers and 5 sisters. I am a Alhamdulillah a successful surgeon. My brother is an auto mechanic. My sisters Alhamdulillah are married to men that are medical professionals. My brothers in law as are all wealthy. … Continue reading
February 6, 2010
by Ml. Muhammed Shoayb
0 comments
Q: My father died. We got a payout from the insurance company. My sister declines its acceptance saying its harem. If this is true, what do we do with her portion? (in office question.)
January 26, 2010
by Ml. Muhammed Shoayb
0 comments
Q: Brochures were sent to our musjid from a reputable zakat foundation. It stipulated that we must pay zakat on money that was put into my insurance fund. Is this correct?
January 9, 2010
by Ml. Muhammed Shoayb
0 comments
Q: How do i calculate my zakat on an American eagle? A: Look up the current market value of the coin. This value can be found on the net, banks, etc. 2.5 % of its current market value would be … Continue reading
December 26, 2009
by Ml. Muhammed Shoayb
0 comments
Q: Is drawing cash from an ATM permissible? …… A: If no fee is placed upon your withdrawal nor is there an interest charge for such a withdrawal, than it is permissible. Allah Certainly Knows Best.