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Country : India, Date : 11-22-2009
Asked Question : Assalamu Alaikum, Dear Brother, My question is ,is it allow to ask money from candidates as agency service charge,they are recruited for a company,the company will pay all their expenses,also will pay a fees to the recruitment agency for their recruitment. Please Clarify me...
Answer : al-jawab, If the company is paying all expences of service agency, then not allow to ask money from candidates... Allah knows best. Mufti Aijaz Arshad Qasmi
 
Country : United-Arab-Emirates, Date : 04-21-2010
Asked Question : investing in stock market(buying shares) Is it HALAL or HARAAM?
Answer : Answer: Yes, Buying the Shares from Sharia approved Companeis is Halal. for details of sharia approved see www.islamitijara.com....... Allah Knows Best.... Mufti Aijaz Arshad Qasmi New Delhi India: Cell: +91 9910215431
 
Country : India, Date : 01-09-2011
Asked Question : government deptt. me salaries pe go incomme tax hota hai usko bachane k liye LIC ki policy le sakte hain? agar nahi to uske liye dusri gayez shakal kya hai?
Answer : Bismillah, Musalman chunke Zakat Ada karta hai, isliye income tax ka bojh un par doguna ho jata hai, is liye tax bachane ki jo bhi jayez aur qanuni shaklen ho sakti hain, unhe ikhtiyar karne me koi haraj nahi hai,LIC chunke intrset base hota hai, isliye woh musalmano ke liye jayez nahi hai, agar shares par mubni koi policy ho to use liya jasakta hai.. and Allah know Best, (Mufti Aijaz Arshad Qasmi) New delhi, Inda; Cell: +91 9910215431
 
Country : India, Date : 01-20-2010
Asked Question : saving account bank mein 98%muslims ka hai aur usme intrest count hota hai,jayj hai ?
Answer : Al Jawab wa Billah Al taufiq: agar Islamic Sharia ke mutabic bank approved nahi hai to us me jama raqam se milne wale munafe ka Isltemal jayez nahi hai, intrest ki raqam bank se lekar kisi refahi kam men kharch kardena chahiye.. Allah Knows Best. (Mufti Aijaz Arshad Qasmi) New Delhi, India For More Details, Direct Call +91 9910215431
 
Country : India, Date : 06-15-2010
Asked Question : Salaam, Is it Haram to invest Rs.10,000 for the monthly return of Rs.1,000 for 30 months in a networking business.
Answer : Bismillah: Fix Profit is not allowed in Islam, Business means; whrer profit and loss both are possible. YOu must care your dealing regarding this system, (Mufti Aijaz Arshad Qasmi) New Delhi, India +91 9910215431
 
Country : Pakistan, Date : 06-21-2010
Asked Question : IF I LEND 100,000/- TO ANYONE FOR PURCHASE OF A VECHILE AND WITH MUTUL AGREEMENT IT IS DECIDE THAT BORROWER WILL REPAY ME A FIX AMOUNT OF PROFIT AND HE WILL PAY ME PRINCIPAL / PROFIT IN EQUAL MONTHLY INSTALLMENTS. WHEATHER MY THIS TRANSATION IS VALID IN ISLAM AND EARNING OF PROFIT IN THIS MANNER IS VALID IN ISLAM REGARDS
Answer : Bismillah: Business means where Profit and loss both are possbile. the fix amount of profit is not allowed in Islam. according to this system you must care your investment. And Allah Knows Best" (Mufti Aijaz Arshad Qasmi) New Delhi India
 
Country : Pakistan, Date : 12-05-2010
Asked Question : AOA, plz tell k stock exchange ka business halal hai ya haram? plz explain
Answer : Bismillah. ................ The stock exchange is a market place where shares are bought and sold. By buying the shares of a company, you, in fact, share in the business. Therefore, if there is nothing against Islam in the nature of the business, there is nothing wrong in being the shareholder of that business or in getting dividends on those shares. Similarly, if you sell the shares at any point of time owing to some reason and get capital gains thereby, the transaction and the profit are not wrong from the Islamic point of view. There are however situations when the activity in the stock exchange is clearly against good sense and the norms of ethics. There are certain transactions which are or can be detrimental to the interests of either party by causing damage or deception. Therefore, though the Shari‘ah has not prohibited these transactions as such and though, in most cases, they can’t really be termed as gambling, they are clearly against the spirit of Islam when they result in or are likely to result in damage or deception. That is why there is a principle of Islamic jurists that any transaction which causes or might cause darar or gharar (damage or deception) to either party should be prohibited by law. Where the law of the land does not deal with such transactions, it is up to the individual to decide whether or not the transaction will or may cause damage or deception to the other party. In case he is certain of such damage or deception, he should certainly
 
Country : Belgium, Date : 11-30-2010
Asked Question : SALAM MERA SAWAL HA MERAY TEEN BACHAY HAIN MAIN APNAY MAABAP KAY SAAT REHTA HON ABB AIK KAMRAY MAIN REHANA MASKIL HA MAABAAP AUR KAMRAA NAHE DETAY MAIN ABB GHAR LANNA CHATA HON LAKIN CASH NAHI LAY SAKTA HOTA HE NAHI KAYA MAIN BANK SAY KARZA LEE SAKTAHOON JO BACHON KO PAY KARTA HA BANK BACHON KA BEHAF WO BACHON KAY PASAY SEY KISST KAT LAIN GAY
Answer : Bismillah, Intehai majburi ki halat me Sood den ki gunzaish nikalti hai, agar house ki aisi hi zarurat hai, jaisa ke aap ne zikr kiya, to phir aap bank ki madad se house lesakte hain, Allah Aasan farmaye, Aameen. ............... Mufti Aijaz Arshad Qasmi New Delhi, +91 9910215431
 
Country : India, Date : 10-25-2010
Asked Question : Assalamalekum, Presently i am repaying a personal loan of Rs 5 lac. Total amount including interest is 6.5 lacs.Current outstanding Loan amount is 1.5 lacs and as per the loan statement from bank it consists of 25k interest & 1.25L principal.It means I have already paid interest of 1.25L till date. I just received a refund from my Employee PF account of Rs 3.25 lacs out of which 1.25 lacs is interest earned. Could i use this interest amount(1.25L) earned to prepay entire 1.5L and close my loan?
Answer : Bismillah, ..................... In the light of Islamic injunctions, the interest earned on the provident fund does not fall within the definition of Riba. The reason is that the employee does not own the amount of the fund. During the period in which the interest has been earned. Therefore, the excess amount earned over the actual amount deposited cannot be considered Riba. Here, the Fuqaha make two suggestions: One is that the government departments have added the excess amount without the written appr- oval of the employee. In this case, accumulating excess amount are Riba free. In the seccond case, the employee himself can ask the government to treat his fund as interest-based, then the excess amount resembles Riba.... and Allah Knows Best... (Mufti Aijaz Arshad Qasmi) New Delhi, Cell: +91 9910215431
 
Country : South-Africa, Date : 12-21-2010
Asked Question : ASLM... I would like to know If it is permissible to take out a hospital plan? (Medical aid)
Answer : Bismillah... So long as the man knows that this is a form of gambling, this is not permissible because it is of the works of the Shaytaan. He should rely on Allaah and put his trust in Him, because whoever puts his trust in Allaah, Allaah will suffice him, and whoever fears Allaah and keeps his duty to Him, He will make a way for him to get out (of every difficulty). So it is not permissible for him to get involved in insurance.” We have already explained that the reason why health insurance is like a form of gambling is that a person pays a sum of money which becomes the property of the insurance company; if he falls sick or has an accident he will benefit, otherwise his money is gone. Moreover, the benefits he gains may be equal to what he has paid, or they may be more, or less. This involves jahaalah (buying something sight unseen) and undue risk, or consuming wealth unlawfully. It also means that one of the two parties will suffer a loss. I wish that some of the Muslims or wise people would set up cooperative insurance institutions that are in accordance with Islamic sharee’ah, the basic idea of which would be for people to cooperate in making payments to a specific account (that is not owned by any third party), so that if any one of them falls sick or has an accident, he will be compensated, with the consent of his partners. There would be nothing wrong with paying a salary to those who take care of this account, or with investing the money in another company acco
 
Country : Pakistan, Date : 11-01-2010
Asked Question : My company give provident fund facility to their employee. this facility is an optional facility mean if an employee does not want to get benefits may not get membership of this facility. In this connection company deduct some amount from the employee salary and add same amount from their own pocket and save total amount in a bank. Bank gives interest on it. Company divides this amount in specific ratio in all employees account. Please tell me that can I take and use this amount (fund+interest) or not as at the time of my appointment this was an optional facility for the employee and I enrolled myself for the benefit. Regards, furqanchemist@gmail.com Cell # 00923452214074
Answer : Bismillah, ..................... In the light of Islamic injunctions, the interest earned on the provident fund does not fall within the definition of Riba. The reason is that the employee does not own the amount of the fund. During the period in which the interest has been earned. Therefore, the excess amount earned over the actual amount deposited cannot be considered Riba. Here, the Fuqaha make two suggestions: One is that the government departments have added the excess amount without the written appr- oval of the employee. In this case, accumulating excess amount are Riba free. In the seccond case, the employee himself can ask the government to treat his fund as interest-based, then the excess amount resembles Riba.... and Allah Knows Best... (Mufti Aijaz Arshad Qasmi) New Delhi, Cell: +91 9910215431
 
Country : India, Date : 11-04-2010
Asked Question : Can we invest money on Life Insurance Corporation Policy for future securities and the returns from that policy is Halal money..
Answer : Bismillah .............. There are two main types of life insurance: Term policy and endowment policy. The term policy involves the payment by the insured of modest premiums over an agreed period, say, 20 years, in return for the benefit of his family receiving an agreed large sum of money in the case of his death during that period. If the insured remains alive at the end of the policy, it lapses and he gets nothing. What the insured actually buys with his payments is the peace of mind he gets from the knowledge that should he die, his dependants will have a large sum of money to see them through life until, say, his young children came of age and were able to look after themselves. The endowment policy involves the payment of larger premiums which are invested by the insurance company. When the policy matures, the insured receives the sum assured as well as any share of profits to which he may be entitled under the terms of investment made on his behalf by the insurance company. Both types are permissible from the Islamic point of view, as explained by Professor Al-Zarqa, provided that the insured makes sure that the insurance company invests in legitimate business. If the insurance company invests in what Islam forbids, then taking out its policies becomes forbidden as a result. ................. and Allah Knows Best.. (Mufti Aijaz Arshad Qasmi) New Delhi, India Cell: 9910215431
 
Country : Pakistan, Date : 11-14-2010
Asked Question : Salam. Dear Sir, Ihope you have research about pakistan state life insurence corporation. My question is that, is life insurence jaiz in islam. is that sood or they investing in business. I have policy and due to sood want get withdraw. salam. Ghulam Mustafa
Answer : Bismillah.. Due to Interest (RIBA); Life Insurance is not permissible in Islam, specially in Muslim countries.... and Allah Knows Best.. (Mufti Aijaz Arshad Qasmi) New Delhi, India.. +91 9910215431
 
Country : India, Date : 11-23-2010
Asked Question : There is a scheme called monthly Income Scheme(MIS) available in Post Offices in India. One can invest upto Rs.9,00,00/- in joint account for 6 years. The interest is 8% p.a.and is paid monthly and thus the name Monthly Income Scheme. After the 6 year period, in addition, a bonus @5% is also paid. The scheme is lucrative and popular amongst retired/retiring people. Is it allowed as per our religeon to invest in the scheme? Alternatively, are we allowed to invest in bonds, mutual funds etc. Kindly reply. Thanking you and Allah Hafiz.
Answer : Bismillah: Thank you for your query. We commend your effort to seek the truth in the religion. Monthly income scheme is depend on intrest, which is not allowed in Islam, so you should avoid to invest in this scheme............ Investment in any company, whether it be in the form of stocks, shares, unit trust, etc., is halal as long as the following conditions are met: 1. The company does not deal in haram matters, such as alcohol, porcine products, weaponries, music and entertainment, non-Islamic faith-based projects, and wanton destruction of flora and fauna. 2. The company does not involve in any oppression against humanity, especially Muslims. 3. The investment instrument itself does not contradict Islamic Law. We would like to advise you to check the company thoroughly, or check market sectors you would like to invest in before making any commitment. We hope that this reply answers your question. Please continue to seek religious knowledge at mosques or by reading authentic materials. and Allah knows Best. (Mufti Aijaz Arshad Qasmi) New Delhi, India. Call: +91 9910215431
 
Country : India, Date : 02-23-2011
Asked Question : THERE ARE TWO PARTNER IN FACTORY BOTH ARE 50% PARTNER BUT ONE PARTNER TAKE CARE OF FACTORY AT LEAST 16 YEAR ALONE ALL AND BEAR ALL EXPENCES AT THAT TIME FACTORY VALUE IS 70 LAC NOW CURRENT VALUE IS 6CRORE NOW HE WANT HIS 50% SHARE AND DID NOT WANT TO GIVE BENIFIT OF 16 YEAR0F HE TAKE CARE OF FACTORY IN INDIAN LAW YOU TAKE BENIFIT YEARLY GROUTH BASIS WHAT SHARIYA SAY THANKS
Answer : Bismillah, May Allah give the Barakah in your Tijarah, if both are 50% partner as per dealing and first partner has given 50% share to 2nd partner without any condition, so in this case both partners have aqual right in company and both can take 50% benifit. And Allah Knows Best. ............................. (Mufti Aijaz Arshad Qasmi) New Delhi India, Cell: 9910215431
 
Country : India, Date : 05-04-2011
Asked Question : Assalamo Alaikum wr wb,..Earning through survey companies, where we give our opinion on various topics after getting registered with them for a year. Kindly tell us if it is Haram or Halal and why, the view suported by Shariah. Regards, Wassalalm
Answer : Bismillah, ............... Yes, Earning through Survey companies is Halal, becouse its like job on contract base. and Allah knows best. (Mufti Aijaz Arshad Qasmi) Delhi, 9910215431
 
Country : Pakistan, Date : 04-27-2011
Asked Question : Dear Sir: I am civil engineer.In hadis it is written that construction of big and tall building is not allowed, means it is not like by our PROPHET (S.A.W.W). we are relating to construction field. We design and construct 30 & 40 floor building of people. I want to ask that, 1-It is right to do this job? 2- The income comes from this is HALAL or not? Kindly give me answer to these question.I will be thankful to you for this act of kindness.
Answer : Bismillah, ................ Prophet Muhammad PBUH is not like tall building without need, and these days according to increasing the population tall building is a need of nation and country, so in this case working in construction company is allowed and income is Halal. Allah knows best. ............... Mufti Aijaz Arshad Qasmi Delhi..9910215431
 
Country : Pakistan, Date : 06-22-2011
Asked Question : do anybody take interest to give poors. because it will help the Poors. also if we didnot take it from bank than Bank will use our interest on their own needs. Thanks
Answer : Bismillah, Intrest money can be used in social and public work only with out the intention of Sawab. (Mufti Aijaz Arshad Qasmi) New Delhi India, Cell: 9910215431
 
Country : India, Date : 06-29-2011
Asked Question : Assalamualaikum Mutfi Sahib I just start FOREX trading with company name FOREX4YOU which is providing ISLAMIC trading (Swap free means interest free trading )but I need clarification for my trading I start will a capital of 100 dollar and they are offering to trade up to 20000 dollar as leverage method ( Leverage means we can used the company fund for our trading the profit or loss will be added to trader, we can actively watching it in online ) the leverage ration is 1:100 to 500 depends on our risk. With small capital of 100 dollar I can trade 20000 dollar margin, the gain and loss are abnormal either we can take the profit or loss in short period. Please guide the system of forex trading in ISLAMIC LAW. And what is the correct way of forex trading in ISLAMIC LAW. Awaiting for your earliest reply. Wassalam Abrar Ahmed
Answer : Bismillah, .......... It’s not until recent years that Islamic law allowed Forex trading for Muslim believers. This is because Shariah Law prohibits many of the foreign currency brokerage standards. Under such law, traders must close their positions within the same day. They’re not allowed to keep a trade longer than that since the payment of interest is strictly forbidden. With the growing popularity of the Spot Forex, finding a broker that observes these laws is not difficult. Trading Forex in India for example, allows investors of the Muslim faith to have their interest waived if they choose to carry a trade until the next day; and they don’t have to pay brokerage commissions either. Islamic law also forbids earning interest on a trade. So as long as the investor does not profit from “Riba” (illegal gains) he/she can go on to be a success trading the currencies. Many scholars of this faith however disavow the Forex. They view the market’s volatility as a challenge to their laws. And in accordance to their beliefs, you cannot sell something you don’t already own. Therefore, day trading is not permissible. If you’re a practicing Muslim, keep in mind that not all experts interpret the law in the same way. Decide whether trading for you means disrespecting your beliefs. While the Forex presents a great opportunity for making money, adhering to the teachings you hold sacred may be more important. Make sure to consult with a Forex advisor who is knowledgeable about Isla
 
Country : , Date : 07-01-2011
Asked Question : Asalamailkumwarehmatbarkathu. I wanted to know that buying stuffs like mobile phones etc on monthly installments are allowed in islam or not . Is it a type of Riba (sood)? (most of the Companies now offer their stuff to be taken in this fashion) I have heard that what ever is above your reach should not be bought like this as this is not allowed in islam. One should buy with full payment otherwise it is sood. Is it true ?? I tried to search on this matter a lot, but didnt found any answer so please do reply. JazakallahKahreenkaseera
Answer : Bismillah, At the outset, we would like to indicate the permissible form of selling by installments that has two cases: First: The commodity, which is the car or mobile as in the question, is owned by the seller, which is the bank and is in its possession. The buyer purchases it on credit for a price that is known to both parties. The price is not subject to increase, even if the payment is overdue. Both parties agree on how the buyer will pay by installments. Second: The commodity is not owned by the bank but by a third party. The buyer asks the bank to buy this commodity and promises the bank that he will buy the commodity after the bank has purchased it. Then the bank buys the commodity and becomes liable for any damage that might befall it. Then the buyer purchases it from the bank for whatever price they agree on, but on two conditions. First, the price must be known to both parties even if it is more than the price for which the bank has purchased the commodity. Second, the price must not be subject to increase, even if the payment is overdue. With this the difference is made clear between the permissible and the forbidden forms of selling by installments as done by the traditional banks. This difference is summarized by two things: First: It is provided for the permissibility of the deal that the commodity is owned by the bank and that the bank guarantees it. If the bank does not own the commodity, then it is not permissible to engage in thi
 
Country : India, Date : 07-22-2011
Asked Question : assalwalekum mufti saheb, mere walid saheb Usman Din Mohammad jinka intekaal 1999 me hua,pr unka janm ek hindu parivaar me 1928 ko banglore me hua tha,unka naam Jagdish Rudhroji Rao Shinde tha,lekin padhai k darr se wo 13 saal ki umr me mumbai aagye.yaha unhe ek muslim aadmi ne paala aur islam kabul krwaya,jinka naam Din Mohammad Ali Hussein tha,unke apne bhi 2 bachche the.Ek haadse me us aadmi(Din Mohammad Ali Hussein)ka intekaal ho gya.Aur unka ghar mere walid saheb(Usman Din Mohammad)ke naam se registered ho gya,quoki us aadmi(Din Mohammad Ali Hussein)ke apne 2 bachche (Rafiq aur Zarina) nabaalik the.mere walid saheb ne un bachcho ki parvarish ki,is darmiyaan mere walid saheb ke ab 8 bachche huye,mera swaal ye hai ki ab jb mere walid saheb(Usman Din Mohammad) ka intekaal ho gya hai,to Din Mohammad Ali Hussein ka jo ghar hai,usme mere walid saheb ke 8 bachcho ka haqq hai ya Din Mohammad Ali Hussein k un 2 bachcho (Rafiq aur Zarina)ka?? meri apse ye guzarish hai ki aap apna jawaab mujhe likhkr mere e-mail id pr jald se jald bheje digiyega.. khuda haafiz.
Answer : Bismillah, Agar aap ke walid ko Din Mohammad Ali Hussain ne adopt kar liya tha to makan me aap ke walid ka haq hoga aur sath me Rafiq aur Zarina ka bhi haq hoga, pehle teeno ke darmiyan taqseem hone ke bad aap ke walid ke hisse me jo aayega, wo aap 8 bhai bahan ke darmiyan taqseem hoga. and Allah konws Best: (Mufti Aijaz Arshad Qasmi) New Delhi, 9910215431
 
Country : India, Date : 07-23-2011
Asked Question : My grandmother has 3 sons and 5 daughters. She has one house which she wants to distribute among her children. 20 years before when the first 2 daughters were getting there own houses built, my grandmother had supported them financially and had said that later on they will have no right in her property as the other children were not financially so well off then. But after 20 years all children got stable regarding their finances and my still alive grandmother wants to distribute the property according to the Holy QURAN 1 part to daughters and 2 parts to sons as per Surah NISA. I want to ask that whether the old statement of my grandmother will be considered or the latest statement of hers?
Answer : Bismillah, The latest statement of your grandmother will be considerd and land will be distributed among all children according to the Quran. ........... (Mufti Aijaz Arshad Qasmi) New Delhi, 9910215431
 

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