Q & A
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The Arrangement of 'Buy Back on Mark-up' The Supreme Court of Pakistan, in determining the applications and implications of the term "Riba" asked for assistance of religious scholars…
Earlier archiveA Proposed Business Arrangement...A Proposed Business Arrangement... I wish to have your opinion regarding the following business transaction under the Islamic Law: Assume that two persons jointly develop a computer software.…
Earlier archiveMore Comments on the Prohibition of RibaMore Comments on the Prohibition of Riba Asalamu Alaikum ! I excitedly read your much-awaited response with happiness today because I realized I might not have made myself…
Earlier archiveA Case of Charging Riba in Kind...A Case of Charging Riba in Kind... I want to ask if a person has a house as his sole property. He is in need of a money…
Earlier archiveSpending in Allah's WayDoes One Need to Spend More Than Zaka'h in Allah's Way? Can you please clarify what is meant when the Qu'ran enjoins us to establish regular charity. Is…
Earlier archiveHosting Banners in Exchange of Free Web SpaceHosting Banners in Exchange of Free Web Space Assume that the web site of a business is hosted without charge by a free web space-provider. In exchange for…
Earlier archiveBuying a House on a RibaBuying a House on a Riba-Based Loan Could you please elaborate on the issue of buying a house with mortgage. You mentioned that according to Qur'an it is…
Earlier archiveThe Law of InheritanceSome Questions Regarding the Law of Inheritance after studying the Quranic law of inheritance as explained by you , I found that following two points require further clarification.…
Earlier archiveWhat is "Riba"?The Definition and Connotation of the term Riba' The Supreme Court of Pakistan, in determining the applications and implications of the term "Riba" asked for assistance of religious…
Earlier archiveRegarding the Concept of Zaka'h...Regarding the Concept of Zaka'h ... Is Zaka'h a form of income tax or are the two different? Is a person, who owes a loan exempted from paying…
Earlier archiveDoes Zaka'h Apply if one Owes a Loan?Does Zaka'h Apply if one Owes a Loan? Do one have to pay Zaka'h , if one owns a house on mortgage? Shahid Takliwala, USA Reply Zaka'h is…
Earlier archiveTrading In Foreign Exchange...Trading In Foreign Exchange... The First Question I want to put a question regarding the Forex Market (Foreign Exchange business). As you know, in Pakistan, M/s Harvest Topworth…