Trade and Commerce

Investing Waqf

Q: 1. If members of a certain family initiated the building of a masjid, can they stipulate that only they would be allowed to be custodians of the institute? 2. Can members of a particular Islamic Organisation embark on establishing a business with the intent that such a venture would enable the Organisation to be …

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Selling Insurance

Q: I am unemployed and need to find employement as soon as possible. I live in a small town and the only job I can get is to sell insurance for a big company. Is it permissible for a Muslim to sell insurance products that include educational plans, investments, pension plans and funeral cover? A: …

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