Q: Is there any medical insurance/health plan in South Africa that is permissible? I'm specifically looking for one that caters for a giving birth at a hospital. A: Not all medical aids and hospital plans are permitted. As a guide, if a female intends to fall pregnant and wishes to take out medical aid …
Q: As a registered charity, we have to take out insurance for the building and public liability cover. One aspect of that insurances is that it covers the trustees in case of death. One of our trustees has passed away and we now have a dilemma, can we make a claim against that insurance as …
Q: As a registered charity, we have to take out insurance for the building and public liability cover. One aspect of that insurances is that it covers the trustees in case of death. One of our trustees has passed away and we now have a dilemma, can we make a claim against that insurance as …
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: …
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: …
Q: Is online Forex trading aloud in islam? A: According to our research, Forex Trading is not allowed. Forex is basically trading over the internet without physical possession and delivery of currency. Shari'ah has placed certain restrictions on currency trading so that Muslims can be safeguarded from Ribaa or interest. One condition is that at …
Q: Is online Forex trading aloud in islam? A: According to our research, Forex Trading is not allowed. Forex is basically trading over the internet without physical possession and delivery of currency. Shari'ah has placed certain restrictions on currency trading so that Muslims can be safeguarded from Ribaa or interest. One condition is that at …
Q: What can we do with the interest we get through our bank saving account? A. Interest money must be given to the poor without making the intention of Thawaab (reward) for it. It can also be used to pay rates and any form of state taxation. Mufti Siraj Desai
Q: What can we do with the interest we get through our bank saving account? A. Interest money must be given to the poor without making the intention of Thawaab (reward) for it. It can also be used to pay rates and any form of state taxation. Mufti Siraj Desai
A: I am student of tax law. I had spoken to ulema about this and they said that tax is one of the fields in law which is Halaal. In my course we have to deal with aspects such as companies taking loans and want to know whether the interest they pay is deductable or …
Studying Tax Law and Calculating Interest on Loans Read More »
