Buying and Selling Shares Based on Market Speculation; Conditions of Buying and Selling Shares

May 6, 2020 | Stocks/Shares/Joint business

Buying and Selling Shares Based on Market Speculation; Conditions of Buying and Selling Shares Question As salaamu ’alaykum, Is it permissible to buy and sell shares based on market speculation? What are the conditions for buying and selling shares? Answer  بسم الله...

Early termination of a business partner

May 6, 2020 | Stocks/Shares/Joint business

Early termination of a business partner Question Assalam Alaikum A person bought a few houses as an investment. He runs the business with the help of his son and brother and they also share the profit. What should be the method of distribution in the case any party...

Selling shares and running a business

May 6, 2020 | Stocks/Shares/Joint business

Selling shares and running a business Question Assalamu ‘alaykum wa rahmatullah, Hazrat Mufti Sab, I hope you are well. please help me with this situation.  I own a nursing home. Can I sell shares to others which is in the business of a nursing home? I have an...

Conventional mortgages and proof of the impermissibility of interest

May 6, 2020 | Interest

Conventional mortgages and proof of the impermissibility of interest Question Assalaam o Aliekum, I have question for mufti sb.: Is it permissible to buy a house in canada using mortgage? If yes, what is the ruling? who has given that ruling? and where can i find this...

Interest taken from and given to banks

May 6, 2020 | Interest

Interest taken from and given to banks Question The question is concerning interest which has severe warnings in the Quran and hadith for those who give or receive it. I was told that the interest which is haram (forbidden) in the Quran and hadith is that which is...

Mortgage

May 6, 2020 | Interest

Mortgage Question Asamualikum hazrat sahib one of friend  has a house on mortgage for last fifteen years and he wants to do toba and doesn’t want to deal in RIBA any more what should he do that take him out of this? should he file bankruptcy and what he rent the...