Questions tagged [money]

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

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0answers
69 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. ...
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Is earning money haram through selling computer hashing power? [duplicate]

First of all please don't mark it as duplicate because: From many questions related to Bitcoin/Altcoin, I did not find solution for "earning through selling computer hashing power" My question ...
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176 views

Is it permissible to donate money/clothes/food etc to Non-Muslims? [duplicate]

Salaam, my question is that "Is one allowed to make any types of donations to non-Muslims in need. Not as in sending Zakat, Sadaqah or Lillah - but just generally?" Jazakallah Khair in advance
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1answer
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Is receiving donations over the web halal?

I am providing web services to many users, and develop a web portal where users can use my web products and web app free of cost for personal and commercial use. Now I want to add a donate button to ...
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542 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 ...
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758 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, ...
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Are we allowed to save money in Islam?

I've heard that Allah does not like someone who stores his money and do not spend on poor. I think this is based on the verses 104:1-2: Woe to every scorner and mocker Who collects wealth and ...
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3answers
2k views

Is exchanging currency/money permissible?

In Islam I heard that same thing can't be exchange with profit or loss. Now I'm curious to know about currency/money exchanging is permissible or not in Islam?
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1answer
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Am I allowed to take commission from a supplier when my boss doesn't know?

I am a buyer for a company and I have asked for a raise, but received nothing. I have a supplier that has come to sell products to me for the company, and he said he will give me a commission, but ...
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1answer
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Is investment in the cryptocurrency OneCoin OneLife halal?

There is a new cryptocurrency launched with some profit scheme named OneCoin OneLife. Can you please give your guidance either investment in OneLife scheme is halal or haram?
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727 views

Are there halal bitcoin trading sites?

Any halal sites to trade in bitcoin and other Crypto Currencies? I am now using yobit.com if it's haram please let me know, there is this site called www.gdax.com and I don't know if it's halal or ...
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1answer
415 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 ...
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1answer
182 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 ...
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1answer
846 views

Is taking back insurance money (ignoring the interest) permitted?

My father payed for life insurance for 15 years now, not knowing that it is haram. After 15 years can he take back the amount he payed to the insurance company, ignoring the interest money? Will it be ...
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1answer
3k views

Are tips allowed in Islam?

My brother owns a takeaway and my other brother works there sometimes. Sometimes I have to do deliveries and I get tips but my brother doesn't pay me nor do I get a salary. The only money I earn is ...
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Is it possible to invest or participate in cryptocurrencies (e.g. Bitcoin) in a halal way? [duplicate]

Someone I know proposed to me a kind of a "job". It is something based on cryptocurrencies, and there is an earning plan, binary system, and commission, where we produce coins by renting a server ...
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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 ...
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3answers
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If interest is haram, how can a Muslim get a house or a car in modern times?

If interest is haram, how can a Muslim get a house or a car in modern times? The prices these days are so inflated it is impossible for regular people like myself to afford the so-called basic ...
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1answer
2k views

Is it haraam to play a game with free entry but with the possibility to win money?

If there is a game that is free to play but at the end if you win, you win money, is this considered haraam (gambling)? There is zero initial cost, the only thing is the chance you may win money, if ...
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114 views

Is earning through the foreign exchange market (forex) halal? [duplicate]

Foreign exchange involves trading of different currencies in order to make a profit. Does the additional amount count as interest or is it halal?
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1answer
111 views

Is it permissible for a falsely accused person to pay a bribe out of fear for their life?

Suppose a person is falsely accused for a matter in which they have a danger for their life. Even after tireless effort of seeking help through lawful means, the person either bears the false charges ...
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2answers
742 views

Is it haram to build a temple management software application?

I am looking for a job change, I had an interview and got the offer letter. The project for which they're hiring me is a temple management system, I'm feeling that it is haram to work on it, but I ...
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1answer
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FreeLance: Getting full money but not yet completed whole work as we agreed [closed]

I have gotten $150 from my clint side as i have Completed half of my assigned work but not still complete it because Clint does not onlined after last discussion. Should I use now the whole money or ...
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1answer
252 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'.
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Is the debt forgiven if the lender forgot?

I recently came to know the seriousness of having debts before dying. What if the situation arises where I borrow a very small amount of money, say the amount equal to the cost of a candy and after ...
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1answer
452 views

What is the ruling on giving orphans inheritance after our death?

I am aware that Islam encourages looking after the orphans. It also prohibits giving your own lineage in place of their original lineage (through a change in surname). But what is the ruling related ...
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2answers
87 views

Resolving an issue regarding shares in a partnership business

I am seeking for a Mashoora on a issue raised due to allocating shares in a partnership business among 4 best friends. The industry was clothing and capital is 400k. I shall name the business ...
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3answers
9k views

Is it ok to buy a vehicle via an equated monthly installment (EMI)?

Is it ok to buy something via an equated monthly installment (EMI)? For example, I am planning to buy a vehicle which is of cost around 50,000(INR). If I can't afford 50,000 outright, I have other ...
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1answer
380 views

Raising money for a charity drive

Salamu alaykum! There is a charity drive being organized by fans of an (non-Muslim) artist to mark his birthday. The money will go to a fund to which he previously expressed his support, that is run ...
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2answers
1k views

Is receiving commission on purchase haram? [duplicate]

I am working as a purchaser in a company. When I make purchases, I always bargain with suppliers to get lowest rate and give orders to suppliers who offer low rate. After the purchase, when company ...
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5answers
2k views

Is income earned from a country one is not allowed to work in haram?

My father works and earns money in a country where he is not allowed to work because he is not a national of that country. Is his income halal or haram?
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3answers
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Can an employee receive commission for buying products from a company? [duplicate]

My husband works in a company where he has to purchase products for the company. Vendor gives commission on every product they purchase. Like if the product is 850$ then they will make a receipt of ...
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2answers
178 views

Is it permissible to add profit without manager's knowledge?

Detail: For example, a salesman makes a sales invoice of SAR-2,600/- and gets the cash from the customer & then he destroys the invoice and evidence then makes a new Invoice of SAR-2,400 and keeps ...
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1answer
278 views

What should I do about a riba-based loan I took out in ignorance?

I just finished my second year of University and I took out a loan with student finance. I didn't know about the subject of the interest (Riba). What do you suggest could be the best thing I can do? ...
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1answer
650 views

Can I eat something from Non Muslim when it could be a chance that it is from Interest Income

I am working in private company where everyday I get an offer to eat something which they brought from their home-town or somewhere else. Actually when interest credited in my account, I take it and ...
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124 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?" ...
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1answer
959 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 ...
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1answer
250 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 ...
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2answers
462 views

Would accepting a Christmas bonus make me hypocritical?

I am someone who only celebrates 2 eids (celebrations), and don't recognize Xmas or even say happy holidays etc. Now, would it be hypocritical of me to accept Xmas bonus? Also, if it is, could I ...
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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 ...
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3answers
260 views

Is profit from act for the sake of Allah or our deen halal?

I heard that if someone doing something for the sake of Allah ONLY, one should not earn any worldly profit from it, while the otherwise statement as well. However, neither of them that I saw any ...
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3answers
1k 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?
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1answer
132 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 ...
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1answer
53 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 ...
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3answers
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If someone is poor, can he/she use pirated software?

I'm poor and I don't have a way to actually use credit cards to buy software. However I really need those software for my education. Also there are books which are too expensive so I download them ...
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1answer
160 views

Will a joke bet be honored during Aakhirah (afterlife) if a person dies?

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

If a supplier offers commission to a purchaser, is it halal?

I am working in company as an admin officer in UAE. Our company has 15 vehicles. I have to make insurance for all vehicles which is mandatory in U.A.E. The two insurance companies offered me same ...
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1answer
6k 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?
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59k views

How much Sales Profit is acceptable in Islam?

I've heard that selling something for more than its worth is a sin according to the Quran. I would like to know, by how much can you mark up your items? Is there a limit to the amount of profit you ...
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2answers
2k 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 ...