by Mohamed Ismail Bukharia | Sep 17, 2007 | Business Dealings
Q. Can one sell ornaments with photos, statues of people, animals, etc? A. It is not permissible to sell such items. Q. Can one buy and thereafter auction goods? A. Yes. Q. Please can you let me know if it is permissible for a Muslim to engage in a business that...
by Mohamed Ismail Bukharia | Sep 17, 2007 | Business Dealings
Q. What is the Shari ruling regarding the buying of shares? A. A Muslim can acquire the shares of a joint stock company with the following conditions: 1. The main business of the company must be Halaal (permissible) according to Shariah. So, a Muslim cannot invest in...
by Mohamed Ismail Bukharia | Sep 17, 2007 | Business Dealings
[Condensed from a talk by Justice Mufti Taqi Usmani, delivered at the International Conference of the World Muslim Congress. —————————— The nineteenth century was a century of political oppression whereby the...
by Mohamed Ismail Bukharia | Sep 17, 2007 | Business Dealings
By Mufti Taqi Usmani ——————- The term “Islamic Investment Fund” in this article means a joint pool wherein the investors contribute their surplus money for the purpose of its investment to earn Halaal profits in strict...
