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0
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2answers
78 views

How do you increase your rizq?

If you pray your salahs regularly and ask for an increase in wealth, but your wealth decreases, is that a test? How do you increase your rizq(sustenance) and wealth?
1
vote
1answer
16 views

The priorities of giving donation

I wonder what is the best manner to donate money, especially in these holy days, should donations be given as important amount, or it could be divided to reach the maximum of persons, as a result the ...
1
vote
0answers
20 views

If the current market has extortionate prices, what is the correct response?

If there is a product you need but cannot afford, OR could afford at an extortionate price that would leave you in indebted, what is the appropriate way to respond? By extortionate let's say it costs ...
1
vote
0answers
57 views

PTC type of the Ads used, Referrals

It is related to neobux. Are PTC allowed in islam? Are Referrals allowed in Islam? But the biggest question is about the ads that are used over there. The ads are clearly not about gambling, adult ...
0
votes
1answer
51 views

Question about debt

I have heard in one jamaat that a person who takes debt from another person has to give good deeds at Aakhirah if he dies without returning his amount. Now my question is While playing or doing fun, ...
1
vote
1answer
222 views

Is mining bitcoins riba? Is it haram for some other reason?

Bitcoins can be acquired by 'mining' them, where a computer generates codes and if they're valid you going that bitcoin. Is this equivalent to Rica/interest? Is it haram from some other means?
8
votes
2answers
1k views

How much Sales Profit is acceptable in Islam?

I've heard about how selling something more than what it really values is a sin in Quran, but I wanted to ask then how much you can get more money from what you buy and sell (trading fee) to someone ...
4
votes
1answer
203 views

Are arcades considered haram?

Asalam wa alakum, well my close friend is celebrating her birthday party, and we are going to the arcades(you know where you pay to play games, then you win a prize and there is also bowling there) so ...
5
votes
3answers
418 views

Accepting money from non-muslims for charity

I have a doubt with getting money from non-muslims. Me and my friends just started a group ( a charity group to help and feed poor people in our area). Some of my non-muslim friends also have much ...
1
vote
1answer
43 views

interest money query

If we have siblings who are NOT SO financially fit and need extra help in terms of money then in that case can one sibling being financially sound give his/her riba to the other sibling?
5
votes
3answers
492 views

Is it Halal to give Commission or Gifts to clients to get the contracts?

I have a client who has asked for commission from our company in order to give us the yearly contract for their hospital systems maintenance. If I don't give it to him, then he will definitely ...
4
votes
2answers
319 views

Contract for Difference (CFD)

UPDATE 1: So those sharia compliant CFD's, how are they different interms of gambling from the non sharia complient CFD's? As even the non sharia complient CFD's have no interest if you don't hold ...
1
vote
0answers
9 views

I exchanged some money for another country's money, Can I use that money? [duplicate]

Recently, I got a 10 AUD banknote from someone and as a courtesy, bought him coffee(costing me more than 10 AUD) In another instance, i got 50 Mexican Pessos from someone and again as a courtesy, I ...
1
vote
1answer
136 views

Is it permissible to earn money by selling foreign currency or gold?

Nowadays, many people try to find shortcuts to earn money. One such "shortcut" is to carry foreign currency from one country to another and profit by selling the foreign currency. Some people around ...
0
votes
1answer
43 views

lawful ways to spend money in a charitable way

I receive money from college every week. I want to give this money to my chosen charity. Will this be acceptable? because i have not earned it.I only get this money if i attend college, so is this a ...
3
votes
1answer
106 views

Zakat on annual savings

I started paying zakat last year, 2012. In it I paid $2,500 zakat on a $10,000 saving. This year, 2013, my savings have increased to $12,000. Should I now pay zakat on $12,000 or only the net ...
2
votes
0answers
128 views

What is money in Islam?

What is considered currency in Islam, can gold coins , foodstuffs be used as currency? and are these modern bank issued paper notes shariah compliant currency?
1
vote
1answer
88 views

Is islam compatible with Capitalism

Capitalism is an economic system in which capital assets are privately owned and goods and services are produced for profit in a market economy. Source: ...
3
votes
1answer
311 views

Islamic investments

I've been reading about the Islamic stock market and have been looking at some of the companies in some of the Islamic indexes and/or Islamic funds. I have noticed that they include companies which ...
-1
votes
2answers
308 views

What is the islamic definition of “Excessive”?

What exactly does "excessive" mean in Islam? For example, lets imagine we have 2 people, person 1 and person 2: Scenario 1: Person 1 makes $1000 a month, but in one of those months he spends $600 ...
1
vote
3answers
313 views

Intention to get rid of Riba money?

I have some Riba money in my account. With what intention do I get rid of this money from the list below? Lillah Sadaqah Zakat Sadaqah Wajibah Fidya (Kaffarah) I have been presented with these ...
2
votes
1answer
1k views

Investment in Islamic Business conglomerate that gives almost fixed returns

We have been investing in Heera Gold an Islamic company which aims to remove interest in society by allowing investment in their mainly gold export import business with an apparently profit sharing ...
3
votes
3answers
1k views

Is it ok to pay interest debt with interest money?

Assalaamu aleikum, this query has been on my mind for quite a while now. I was wondering if it is ok to pay interest debts with interest money. For instance, I have a few friends who's bank accounts ...
2
votes
1answer
712 views

Halal or Haram income sources

Assalamu Alaikum! I am working in a company other than Purchasing Dept. In short if instead of giving my due increment, my immediate management gives me chance to deal with the suppliers to buy ...
10
votes
4answers
3k views

Is bitcoins a halal investment instrument

Is this bitcoin internet currency halal considering the fact that it has no intrinsic value and is almost randomly mined(Chance? and hence gambling source). Excessive computational power is required ...
2
votes
1answer
274 views

What to do if I can't find the person whom I'm indebted some money to?

I am indebted some money to a person whom I can't find. This debt is a headache to me. I've looked for this person for some years now, but still no trace!!! What should I do in this situation? I'm ...
6
votes
1answer
115 views

Asking for more than the agreed upon labor cost?

Today I rode a rickshaw. After reaching my destination, I asked the driver how much the fair was. He asked for an impossible fare and wanted extra money for "the waiting"(which was still too high). I ...
0
votes
1answer
200 views

Is forcing you to buy something to use a mosque permitted?

Does islam allow the sale of things by force? For example: buyer: I would like to use this mosque for prayer purposes seller: No problem, please go to the stall and purchase something for $200, and ...
3
votes
1answer
1k views

Is participating in the game show “Deal or No Deal” haram?

There is a game show called Deal or No Deal, where people are presented with a number of boxes containing unknown amounts of token money, and the contestant has to try and eliminate boxes which have ...
3
votes
1answer
64 views

Pension schemes and zakaat

Apparently in the UK, work based pension schemes will become obligatory in 2014. I have done a little research in this and it is possible to choose a company you want to invest in, allowing you to ...
6
votes
2answers
3k views

Are competitions haram?

I've heard that all contests and competitions that have prize money are haram. The Prophet (Sallallahu Alaihi wa Sallam) said: No contest is allowed except in swordplay or horse or camel ...
6
votes
1answer
880 views

Shia justification for khums

I would like to know about the justifications for khums as understood by Shi'a scholars. Their definition doesn't seem to appear in Quran, so I am wondering where it comes from. In particular, do we ...
3
votes
2answers
2k views

Intention for Sadaqah

I have 2 questions about the intention one should make when giving sadaqah, and hope someone here knows the answer. Is there a recommended intention one should make when giving sadaqah? Is it ...
2
votes
1answer
111 views

Are those falsely on benefit considered 'beggers'?

Quoting from another question Islam mandates zakaat to help poor. Zakaat eliminates beggary to an extent but what about habitual beggars who can otherwise earn a living? How should the lazy and ...
3
votes
2answers
412 views

Is it acceptable to accept donations from haram money cards?

We all know that credit cards and similar money cards are haram, so would it be haram to accept donations from such cards?
3
votes
1answer
94 views

What duty on a wealthy aside from zakat is there?

I read a hadith saying that there are other duties on a wealthy person other than zakat, well I am wondering what those duties might be? The Hadith: Fatimah bint Qais narrated that : she asked ...