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300+ Fatwas on Financial Issues (Folder)
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Financial issues — such as finance, taxes, investment, shares, etc. — are among the topics that preoccupy most, if not all, people's minds. Muslims, like everyone else, care about their financial situations and well-being. What is different with Muslims is that they seek what is Islamically permissible and avoid what is not in this regard.
This folder presents a huge number of fatwas related to financial issues. It covers different aspects of this important topic such as zakah, taxes, charity, finance, banks, interest, transactions, contracts, partnership, and the like.
In so doing, it will help Muslims, and even non-Muslims, get themselves well-acquainted with Islam's stance on such serious issues.
Read the 300+ Fatwas on Financial Issues
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Finance, Banks & Interest |
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Interest-Free Mortgages |
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As far as Islamic Shari`ah is concerned, mortgages offered by Islamic banks are permissible. It should be stressed that the Shari `ah allows financing but prohibits interest...
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Zakah, Taxes & Charity |
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Investing Zakah Money |
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It is not lawful for the bodies responsible for collecting zakah to invest the money collected and distribute the resulting profits among the due recipients of zakah…
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Transactions, Contracts & Partnership |
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Conditions of Network Marketing |
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Islam also makes it clear that the subject of any transaction must not be something haram, and it must keep away from any form of deception or fraud. This reflects Islam's concern on preserving people's rights…
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Investment & Insurance |
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Car Insurance: Permissible? |
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Insurance service and contracts were invented and developed over the last four centuries in Europe, then extended to the Americas. They reached the Muslim World in the Nineteen century...
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Gambling, Bribery & Competitions |
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Bidding in Video Games |
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Bidding in video games is a form of gambling that is absolutely prohibited in Shari`ah. Also, wasting too much time on video games, even without bidding, is prohibited…
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Earning Livelihood |
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Offering Financial Consultation |
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As to suggesting solutions free from confusedness to Muslims, it is a lawful and acceptable deed, but dealing with non-Muslims should also be so…
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