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Questions tagged [money]

Currency; which is accepted as an exchange for goods and services.

26 questions with no upvoted or accepted answers
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1answer
219 views

Is it halal to select an exchange rate to benefit my salary?

I am working in a company where I need to submit the daily expense bills in the system for my salary. My company has fixed my salary (e.g. 10000 Yen/month) and they says that my bills should not ...
4
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1answer
1k 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 ...
4
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1answer
81 views

How does zakaat work with pension schemes?

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 ...
3
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1answer
171 views

Halal Income from haram source

several years ago i used to do youtube adsense. where i review anime / film. the anime is very unislamic. i get money from reviewing that so it's haram money. one day i decided to use that money to ...
2
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0answers
38 views

Will it be haram to earn money by lying while negotiating a (buying) deal

I know it's haram to lie. My question is more complicated than just lying to earn money. What if I want to see if the other person is giving me a reasonable price and to do that I lie that I am ...
2
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0answers
119 views

Lying in the Job C.V and haram money

Firstly, I was wondering previously that many people lie about themselves in their job CV. As the person is getting job on the basis of his/her qualifications in the CV. So, as he is getting hired on ...
2
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0answers
54 views

Investing in halal company that is partnered with company planning to add leverage trading (involves interest) in the future

Salam all, I have invested in a cryptocurrency ICO (like an IPO for cryptocurrencies/crowdsale) after researching into it to find any sort of haram connections or actions taking place by the company. ...
2
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0answers
303 views

Is fiat currency devaluation via inflation a form of interest, making fiat currency based money haram?

Since almost all currencies used today are fiat currencies with no real intrinsic value, and since most fiat currency devalue, is it really interest when any money bearing this interest is itself ...
2
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1answer
164 views

Is unnecessarily staying in a more expensive hotel and charging it to my employer a sin?

My work usually pays for my accommodation as I travel. Ordinarily, I stay in the cheapest possible place (e.g. backpackers), but sometimes I stay in more expensive places even though it's not ...
2
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0answers
230 views

Giving money to family on Eid

Is it permissible to give money to family members to celebrate the day of eid or is it considered bidah? We used to give gifts, but we want to avoid the usual, 'my present is better than yours'.
2
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0answers
7k 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 ...
2
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1answer
178 views

Ethereum Casper and Proof of Stake

Ethereum is a blockchain technology that allows code to run on it called smart contracts. Its base currency is $ETH. You can think of the ethereum blockchain as a super computer that you can run ...
1
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0answers
74 views

Is cheating in gambling also considered as gambling?

I found an exploit to hack an online casino mobile app which of course I never played before because it is haram. If not then why do I bother asking here ? But if I use the exploit, it will plots me a ...
1
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0answers
33 views

Received my lent money which the debtor acquired from haram source. Is it halal for me?

Some years ago, I've lent some money to my cousin who was in need. He had trouble paying me back for a long time until last week after I knew he got a lot of money enough to pay me back in full. But ...
1
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1answer
58 views

Is exchanging currency through internet is considered as “hand to hand”?

Salam Aleikom, Islam has put two rules when exchanging currency, which one of them is that it should be hand to hand transaction. These days people are using internet and mobile applications, this ...
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16 views

What concept(s) does the Islamic jurisprudence offer to save a person from ruining himself and his family?

In some of the ahadith which quotes testaments and limits a testament part to one third of the wealth of a person. The Prophet () warns a sahabi not to leave his inheritors (children) poor due to his ...
1
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0answers
433 views

Is giving prize money on an Islamic quiz considered gambling?

I'm a 13 year-old Muslim. I study and read the Quran with an Islamic scholar that lives near me with a few other people in my neighborhood. Recently, this scholar went to perform Hajj, and he said ...
1
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1answer
444 views

If someone spent some money from amanat (trust)?

Suppose a person, have amanat (money) of another person. Now, what is the islamic ruling regarding "if he/she spent some money from it, considering if the one whose amanat he/she has, asks for that, ...
1
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0answers
178 views

Is buying/selling signals (trade suggestions) halal?

Well the signals are predictions made by professionals or not normal people in the trading field (people rating them will determinate that). So when someone is well rated he can sell his signals for ...
1
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0answers
111 views

Is this a sahih hadith: “They are those who accumulated wealth without differentiating between lawful and unlawful…”?

Prophet narrated: On the Night of Mi'raj, I saw people lying on their backs with drum-like, transparent bellies where there are all kinds of creatures. I asked my brother Jibrail, "What are they?" ...
1
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1answer
43 views

Can I advertise for non-halal products?

I’m making a website to advertise for hotels, restaurants, POIs etc. Each place has to pay a fee to advertise. What I want to know is if I can have adverts for non-halal places on the website if they ...
1
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2answers
1k views

What if I offer prayer while having pictures in my pocket?

I know that offering prayer in front of pictures or portraits is forbidden. If there is one or many pictures in the room we should not pray there. What if I have a picture in my pocket while I am ...
1
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1answer
741 views

Is lease allowed in Islam?

Would you please clarify if purchasing goods on rentals are allowed in Islam? According to what we studied, a fixed percentage of interest is added to the principal amount (current price) of that ...
0
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0answers
59 views

Is it haram wealth if I earn it through working as a amazon warehouse operative around Christmas time?

Assalamualaikum, I have been wanting to get a job and decided to get it around October near to Christmas time as there will be more demand for employees so it will be easier, but is it haram for me to ...
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0answers
27 views

Giving to zakat to family member who is in debt

One of my family member is earning and living well. However, he has his university debt that is still paying every month. Please note that this debt does not prevent him from living well Alhamdulillah....
0
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2answers
95 views

Is it haram to fake my age online?

I'm 15 years old (about to be 16 in a month) and I want to make money online as I don't have time for an actual job during the school year. The problem is websites always want workers at least 18 ...