Category: Business Investment

Total : 77 Results

Question ID 4733 Tuesday 11th of June 2019

Question:

Salaamunalikum Maulana. Please do Istekhara. Thank You Khuda Hafiz

Answer:

Wa Alaykum Assalam Wr Wb
Estikhara result is not good.


Question ID 4652 Saturday 6th of April 2019

Question:

As salaam alaykum maulana sahab can u plz do istekhara on my niyah..

Answer:

Wa Alaykum Assalam wr wb
The Istekhara is good.
Wassalam.

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Question ID 4579 Saturday 19th of January 2019

Question:

Can one invest in Term Deposits (Fixed Period investment) in an Islamic Banking Bank which is located in a Gulf Country, the deposits return a variable profit after every month and the profit is declared at the end of the month. The bank is jointly owned by Government organisations + Shareholders which are institutions from different countries (Mainly in Gulf). The bank says the following; -Based on the concept of mudarabah -The depositor provides funds as ‘rabb-ul-maal’ and bank invests these funds as ‘mudarib’ -Based on this relationship, the depositors and bank become beneficiaries of the profit earned -When the joint investment pool earns profit, it is distributed in a pre-agreed ratio between depositors and bank -Profit at competitive rates credited to your account at maturity of the deposit -Profit rates announcement at the beginning of each month for the month passed

Answer:

According to what you have written, it is allowed.
Wassalam
Mohammad Al-Musawi


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Question ID 4461 Monday 5th of November 2018

Question:

Assalammualaikum Sir, I would like to know what is the meaning and condition of riba in AhlulBayt view.Thanks Wassalam

Answer:

Wa Alaykum Assalam wr wb
You can find details on
www.alsistani.org
Or
www.al-Islam.org



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Question ID 4288 Sunday 8th of April 2018

Question:

Dear Mohtaram Syed Mohammed Al Musawi Sahab, Assalaam Assalaam ! Kindly enlighten me with the reply to the following : In a business of trading (not manufacturing), will it be permissible for a Muslim businessman to add some items like figurines of deities or crucifixes for sale to non-Muslims as part of his overall sales; though the Muslim businessman is not influenced by these items in anyway (Nauzubillah) and is consciously practicing his own faith. Thanks, Wassalaam Arshad Raza Zaidi

Answer:

Wa Alaykum Assalam wr wb
It is not permissible for Muslim to sell or gift or deal with such items
which propagate false deities or crucifixes even to non Muslims. Money
earned from such items is unlawful money.
Wassalam
Mohammad Al-Musawi

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WABIL - World Ahlulbayt(as) Islamic League, London.