Income

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.For households and individuals, "income is the sum of all the wages, salaries, profits, interest payments, rents, and other forms of earnings received in a given period of time."

204490

Punishment . Income . Mother

How can I find reassurance and strengthen my faith regarding my desire to pursue a Halal income on YouTube, despite fears of failure and concerns about Qadr, especially since I cannot share this with my mother due to potential consequences?

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 4 mesi fa

The earning of Halal income depends on the nature of the business or the service. You must be sure that your business or service is really Halal, then you don't need to worry.

Wassalam.

204406

Income . Haram

If I find out part of my income is Haram but I am uncertain about the amount or whether any of it remains unspent, what steps can I take? Will the income be considered Halal since I was unaware it was earned through Haram means?

If you find out that any part of your income is unlawful (Haraam), you must give it back either to the real owners of it, and if you can’t reach to the real owners, then to the Muslim authority ( Haakim al-Share who is the Marja; of Taqleed) to give it to the poor as Majhool al-Malik (unknown owner fund).

Your late knowledge about the Haraam does not release you from your responsibility to give it back totally including what you spent from it.

Wassalam.

200681

Income . Counterfeit

If I sell a product and later discover it is counterfeit, is all the income from it considered Haram, or just the earnings obtained after I became aware of its counterfeit status?

Selling counterfeit products is unlawful (Haraam) and the income from it is also unlawful. You must return the money to the victims if you know them but if you can never know them, then you need to give the money as Majhool al-Malik (Unknown owner) to the Marje' of Taqleed who will give it to the poor believers on behalf of the owners.

Wassalam.

200469

Haram . Income . Family . Parents . Students

I am currently relying on food and water from Haram income sources due to family circumstances, and I have little control over it. As a student without job options, how should I address this issue with my parents without causing negative repercussions?

You should not think that the income of your family is Haraam before having definite and clear evidence.

If you don't have a definite evidence that it is from Haraam source, you will permissible to utilise it. If you have a definite clear evidence that all the income is from Haraam source, then you have to avoid Haraam as much as you can.

Wassalam

196499

Stock . Halal . Haram . Interest . Income . Investment

Is it permissible to invest in a company that primarily engages in Halal activities but has minor Haram elements, such as receiving interest income?

If the income of the company is a mixture between lawful and unlawful, then we must avoid investing in such company. Receiving interest from non Muslim banks is not considered unlawful according to many Muslim scholars.

Wassalam.

196916

Income . Employment . Fraud

As a recent graduate experiencing financial difficulties without family backing, can I fabricate work experience to secure online jobs despite lacking projects, while still intending to work honestly? Will this income be considered allowed in Islam?

Fabricating work experience is lying or cheating. Islam does not allow lying nor cheating at all. Be always truthful, Allah Will Fund you a way for blessed income.

Wassalam.

193560

Income . Haram . Halal . Khums . Oppression

In Western countries, companies serve both oppressors and others. What is the ruling on the income generated from these companies? Can it be considered Halal by paying Khums, given that not all customers are oppressors?

Companies with mixed income (Lawful and unlawful income) should not be involved in killing or supporting killers of innocents or dealing with alcohol, pork, gambling etc. Working in such mixed income companies then is considered lawful.

Wassalam.

188522

Income . Parents

Am I obligated to share details about my income with my parents if they inquire, even if I prefer not to disclose that information?

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 1 anno fa

Bismihi ta'ala

No, you are not obliged to share details about this with anyone, and it is none of anyone's concern as to how much you earn.

A parent might be concerned about your spending, or if you are being paid fairly, or something like that, so communication on that level is beneficial, and you should not be that sensitive as well.

And Allah knows best.

187487

Khums . Money . Income

How do we calculate the Khums owed for missed years? Is it 20% of the savings we had by the Khums date, or is it 20% of our income after deducting expenses and bills for the entire period?

Khums is 20% of everything we own after deducting all our lawful expenses.
'Wassalam.

185848

Income . Social Media . Employment

Is it allowed for a Muslim to increase their earnings through social media platforms like TikTok shop?

Yes it is permissible provided that the material which you spread or publish is lawful and there is no Haraam thing published by you.

Wassalam.

182414

Father . Sacrifice . Zakat . Children . Income . Haram . Eid al-Fitr . Eid al-Adha

If one's father does not make sacrifice on Eid-ul-Adha and does not pay Zakat, are their adult children responsible? Is the household income Haram?

If the father does not fulfill his obligatory duties, his children are not responsible about that. The sacrifice (Qurbani) is not obligatory but only in Hajj.
'if the father does not pay his financial dues like Zakat and Khums, the household income does not become Haraam.

Wassalam.

173066

Income . Future . Wife . Marriage

Do I have to disclose my exact income to my future wife prior to getting married according to Islamic teachings?

Sayyed Muhammad Husaini Ragheb, Sayyed Muhammad Husaini Ragheb has a BA in Law from Guilan University, Iran and has also undertaken Hawzah studies in Qom. He used to be a Cultural Affairs director of Ethics Group of Al-Mustafa... Answered 1 anno fa

You have no obligation according to Fiqh standards. The matter of honesty and friendliness and... with your spouse is something else. You have to manage it according to her types of manners and how demanding she would be in future.