Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.

207894

Money . Sports . Halal . Gambling

What is the Islamic ruling on using money in sports—for example prize money, entry-fee tournaments, and winner-takes-all matches? Which forms are halal and which count as maysir (gambling)?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 2 meses ago

Any type of gambling is not permissible even in sports.
Prize money taken from the loser for the winner is not allowed.

Prize money donated by the organizers as a gift for the winner is allowed.

Entry fee tournaments is permissible.

Winner-take-all matches should not cause loss to the loser.

Wassalam.

204160

Money . Bank

Is it permissible for me to earn money by using someone's referral code to open an account with U Bank, or for someone else to earn money from my referral code? Would this income be considered Halal?

Referral Code is understood to be used by the person himself unless the issuers allow otherwise. We are not allowed to use referral code of others with out their permission and the permission of the issuers of the Code.

Wassalam.

200865

Husband . Sexual . Money . Divorce . Marriage

I have been married for two years, but my husband is unable to fulfill my financial and sexual rights as he lives abroad and has no money. What steps can I take to initiate a divorce, given my feelings of resentment toward him?

Zaid Alsalami, Shaykh Dr Zaid Alsalami is an Iraqi born scholar, raised in Australia. He obtained a BA from Al-Mustafa University, Qom, and an MA from the Islamic College in London. He also obtained a PhD from... Answered 6 meses ago

Bismihi ta'āla

The first step is to make sure the husband cooperates, so that he does not refrain from granting divorce, as that will make things difficult. Speak to your family, and your local scholar, and follow the procedure for shar'i divorce.

And Allah knows best

200700

Money . Advertising

Is it permissible to earn money from online advertisements that may include Haram content, even if I do not have control over or endorse the ads being displayed?

Online advertisements which include sinful content must be avoided. Earning from such advertisements which contain sinful content is not lawful.

Wassalam.

197102

Khums . Money . Loan

As a student with 50,000 rupees in savings, of which 35,000 is loaned out and uncertain to be repaid soon, I want to understand if I am required to pay Khums only on the remaining 15,000 rupees or also on the loaned amount?

Loaned amounts do not belong to you as you has borrowed it from others, so, Khums is not obligatory on you for any amount which is not owned by you. Whatever you own on your date of Khums is to be calculated by you in your Khums.

Wassalam.

197080

Money . Students

Is it permissible for us to complete an assignment that a Canadian or USA student has been given, especially since their teacher has solved it on YouTube, and they are offering to pay us for our work on it?

If your helping them is legally and morally accepted, then it will be allowed, but if it can be taken as an immoral or illegal act of cheating, then it must be avoided.

Wassalam.

196484

Money . Sunni . Mosque

Is it permissible to donate some money to help build a Sunni mosque?

Every Masjid is a house of Allah where Muslims worship Allah in. Helping in building any Masjid is good except places of enemies of Ahlul Bayt (AS) because their Masjids are like Masjid of Dhiraar which was not for Allah but for Shaitan.

We help every Masjid based in Taqwa, and we never help Masjid Dhiraar which is called Masjid but used as a centre against Ahlul Bayt (SS).

Wassalam..

195518

Students . Money . Deception

Is it permissible for us to earn money from students who study online and do not attend college in exchange for doing their assignments?

Bismihi ta'āla

Such a thing is cheating and lying. It is unlawful, illegal and very unethical.

And Allah knows best

193091

Money . Investment

Is it permissible to invest in shares of Muslim or non-Muslim companies that issue bonds for fundraising?

If the company is involved in un Islamic (Haraam) activities, it will be not permissible to invest in shares of such company no matter who are the owners, but if the company is dealing with permissible business, then it will be allowed to invest in it.

Wassalam.

192491

Money

Is it permissible for me to share the study sheets my teacher provided, for which he charged a fee, with my friends?

If sharing the study sheets is legally allowed and it does not form any kind of cheating in the exams, then it will be permissible.

Wassalam.

191889

Riba . Money . Stock

What is my responsibility if I own stocks that have increased in value or have obtained profits gained from Riba?

Increase in value does not create any problem if the activities of the company are lawful and no Haraam activities are involved like RIBA. If the company deals with RIBA or does any Haraam business, it will be Haraam to buy or keep such shares. Money generated from RIBA or any other Haraam activities is unlawful to use in any way even in charity. It must be given to the Marje; of Taqleed to spend it on deserving cases or seek his permission to give it in charity.

Wassalam..

190895

Wife . Khums . Zakat . Money

Can my wife contribute Khums and Zakat on behalf of both of us if our funds are combined in a joint account?

Khums and Sakat are obligatory on the owner himself / herself. Your are responsible to pay your Khums and Zakat from your own wealth. If you and your spouse have joined ownership, then both should agree that any of them to pay their dues. Both should have the intention (Niyyah) of paying their dues religious due for the sake of Allah (SWT).

Wassalam.