Transactions

August 23, 2024 3 mins

Is It Permissible to Exchange Old Gold for New Jewelry of Different Weight?

Answered by Shaykh Bassem Itani Question Is it permissible to exchange old gold jewelry for new jewelry of a different weight? Answer All praise is due to Allah, Lord of the worlds, and blessings and peace be upon our master Muhammad, his Family, and all his Companions. Yes, it is permissible for you to exchange […]
August 20, 2024 1 min

Is a Savings Plan with Deferred Gold Exchange Permissible? – Shaykh Abdul-Rahi...

Answered by Shaykh Abdul-Rahim Reasat Question Is a savings plan with deferred gold exchange permissible? Shaykh Abdul-Rahim Reasat examines how to deal with savings plans involving deferred gold exchange. Shaykh Abdul-Rahim Reasat pursued Arabic Grammar and Morphology alongside his English and History degree. Post-graduation, he deepened his studies in Damascus, learning Arabic, Hanafi Fiqh, Theology, and […]
August 7, 2024 7 mins

Can You Buy a House with an Interest-Based Loan If Necessary?

Answered by Shaykh Dr. Muhammad Abu Bakr Badhib Question Is it permissible to buy a house with interest-based loans in case of necessity? Answer In the name of Allah, and all praise is due to Allah, and blessings and peace be upon our master Muhammad, the Messenger of Allah, his Family, his Companions, and those […]
August 5, 2024 1 min

What Is the Modern Day Stance on Interest Based Loans?- Shaykh Abdul-Rahim Reasa...

Answered by Shaykh Abdul-Rahim Reasat What Is the Modern Day Stance on Interest-Based Loans? Shaykh Abdul-Rahim Reasat examines the contemporary stance on interest-based loans in Islam. He discusses the implications and rulings for Muslims in modern financial systems. Shaykh Abdul-Rahim Reasat began studying Arabic Grammar and Morphology whilst studying for a degree in English and […]