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Investing in the Stock Market

Investing in the Stock Market: 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- Many jurists argue that it is prohibited to buy, own/hold or sell stocks of companies that makes any prohibited transaction whatsoever. …

Investment With Borrowed Money: Allowed?

Investment With Borrowed Money: 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: Financing investment from a loan without interest is permissible. Answering your question, Prof. Dr. Monzer Kahf, a prominent Muslim economist …

Investment Using Illegal Money

Investment Using Illegal Money: Permissible?

I am a public servant working in a governmental organization. In my office, our directors used to collect kickbacks and gifts from contractors and when they are sharing the money, they give some amount to us.

Investment of Mahr Money

Investment of Mahr Money: OK?

In a marriage contract, if the woman doesn’t specify that she wants money for her mahr (dower), is it permissible in Islam to buy her material items



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