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Can Gold Be Sold in Installments?

Wa `alaykum as-salamu wa rahmatullahi wa barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: It is a rule in the Islamic Shari`ah that gold cannot be sold in installments or on credit. Responding to …

Buying House from Bank in Installments: Allowed?

Buying House from Bank in Installments: Allowed?

In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- The Islamic form of selling, which is allowed, is that the bank buys the property and sells it with a higher price; this is murabahah in Islam. …

Buying a House with Interest on the Price

Buying a House with Interest on the Price: Allowed?

Wa `alaykum as-Salamu wa rahmatullahi wa barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- Usury (riba) is impermissible (haram) either in housing or any other dealings. 2- As for the kind of contract …

Online Gold Trading

Online Gold Trading: Permissible?

Wa `alaykum As-Salamu waRahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful.  All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. Dear questioner, we would like to thank you for the great confidence you place in us, and we implore Allah Almighty to help us serve His cause and …

Can I Deduce My Debt from My Zakah

Can I Deduce My Debt from My Zakah?

Wa `alaykum As-Salamu waRahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful.  All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. Dear questioner, we would like to thank you for the great confidence you place in us, and we implore Allah Almighty to help us serve His cause and …



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