Jul 10, 2023 | Business & Trade
Question I work at an insolvency law firm and I send out forms to creditors. Apart from filling out the amount of debt the debtor owes to them, the creditors can also fill out the amount of their ‘legal’ riba demand from the debtor, which the debtor owes...
Jul 9, 2023 | Business & Trade
Question Assalamu alaikum warahmatullah wa barakatuh, i’m trying to make an investment company where i’ll get clients who’ll give me their own money and i’ll buy with their money stocks ( that engage in halal business) for a commission (that...
Jun 13, 2023 | Business & Trade
Question Assalamwalaikum Mufti saab, More than 15+ years ago my 1st cousin in the USA borrowed some money from me, $6000. At that time I converted the amount into $’s from my £ account and sent it to him. Over the years he did not pay me, nor did i remind him,...
Jun 10, 2023 | Business & Trade
Question As salamu alikum. My father died 8 years ago. 15 years ago my dad asked my brother in law to lend 1000 dollars to my brother and he said he will make sure that he returned that money. But my brother never returned. Still now my brother in law holding my...
Feb 16, 2023 | Business & Trade
Question Is it permissable to use child trust fund, if so can I use all of it? Answer Without the specifics on what the fund invested the money into, it is difficult to give a specific ruling. Nonetheless, I shall offer general principles for your case. The government...