Answer to a Question: The Ruling on Online Financial and Commercial Trading
This legal answer clarifies the Sharia rulings on online trading involving commodities, currencies, gold, and stocks. It details the necessity of immediate possession in monetary exchanges and physical possession for commodities, while explaining why trading in joint-stock companies and bonds is strictly prohibited in Islam.
Answer to Question: Zakat on Paper Money
This answer clarifies the Sharia ruling on Zakat for modern paper money, even when it is not backed by gold or silver. It explains how fiat currency fulfills the legal reason (*'illah*) of being a medium of exchange and value, making Zakat obligatory once it reaches the equivalent *nisab* of gold or silver.
Answer to a Question: Giving a Gift to the Buyer Upon Purchasing for a Certain Amount
This response explains the Islamic ruling on promotional draws and prizes offered by retailers to customers who spend a specific amount. It distinguishes between permissible gifts and those that resemble gambling (maysir) or prohibited uncertainty (gharar), advising Muslims to avoid doubtful transactions.
Answer to Question: Zakat on Joint Money
This response clarifies the Shari’ah ruling on Zakat regarding joint business capital and individual wealth, explaining that Zakat is an individual obligation based on personal ownership. It also details the impact of personal debt and company profits on the calculation of the Nisab and the final Zakat amount due from each partner.
Answer to Question: Not Relinquishing Ownership of a Car Until All Installments are Paid
This response clarifies the Shari’ah ruling on car dealers retaining possession of a vehicle until all installments are paid. It distinguishes between types of goods and payment terms, explaining when a seller has the right to "mortgage" a sold item against its price and when they must relinquish it to the buyer.
Answer to Question: Is it Permissible to Buy a House Before it is Built Under the Category of Salam Sale or Istisna' Contract?
This legal response explains why purchasing unbuilt real estate does not qualify under the Shari'ah exceptions of *Salam* or *Istisna'* contracts. It clarifies that selling non-existent property is prohibited until the physical structure is sufficiently established, as buildings are considered unique goods rather than standardized manufactured items.
Answer to a Question: The Reality of Hoarding Money and its Ruling
This clarification details the Islamic distinction between prohibited hoarding (Kanz) and permissible saving (Iddikhar). It explains how accumulating wealth for defined future needs, such as marriage or education, is allowed, while withdrawing money from circulation without a specific purpose is forbidden due to its detrimental impact on the economy.
Answer to a Question: Consequences of the Employer Deducting a Portion of the Employee's Salary and Adding a Portion to It
This response clarifies the Shari’ah ruling on workplace pension schemes involving salary deductions and employer contributions. It explains that such schemes are permissible when integrated as conditions within an employment contract, even if the funds are invested in prohibited areas, provided the participation is mandatory by law and beyond the employee's control.
Answer to a Question: Credit Cards
This article provides a detailed Shari'i ruling on different types of credit cards, distinguishing between those involving agency and debt transfer from those involving guarantees with interest. Sheikh Ata Bin Khalil Abu Al-Rashtah explains why certain automatic fees and credit systems are prohibited under Islamic law.
Answer to a Question: Usurped Property
This ruling clarifies the Shari'ah position on dealing with properties stolen or usurped by the Jewish entity in occupied Palestine. It concludes that renting or purchasing such property is impermissible because a usurper does not hold valid ownership and thus cannot enter into a legitimate contract.
Answer to a Question: Guaranteeing a Debt for Compensation
This article explains the Sharia ruling on a third party negotiating and paying off a debtor's obligations in exchange for a portion of the discount obtained from creditors. Sheikh Ata bin Khalil Abu al-Rashtah clarifies that such an arrangement is a form of Dhaman (guarantee) for compensation, which is prohibited in Islam as a guarantee must be a voluntary act of joining liabilities without financial return.
Answer to a Question: Zakat and the Debts of Father and Son
This fatwa clarifies the distinction between the financial responsibilities of a father and his son in Sharia, specifically regarding Zakat and debt obligations. It explains that while assisting a father with his debts is an act of filial piety, each individual maintains an independent financial status and is responsible for their own Zakat once the threshold (Nisab) is met.