Question: I had lent a sum of money to one of my relatives. He is poor and eligible to receive Zakah. Now I want to write off the debt he owes me and deduct that sum as my Zakah payment …
Question: Is it permissible for a wealthy person to receive Zakah? Answer: الجواب باسم ملهم الصواب According to Islamic law, a person is considered wealthy if he owns the Nisab amount – in addition to his necessities, e.g. house, car, …
Question: Is it permissible to consume rabbit meat? Does touching a Rabbit Meat – Halal or Haram? rabbit nullify Wudhu? Answer: الجواب باسم ملهم الصواب It is permissible to consume rabbit meat. Touching a rabbit does not nullify Wudhu. If …
Question: Is it allowed to give one’s one child more than the others when it comes bestowing gifts? In other words, is it allowed to treat one’s children unequally when giving gifts? Answer: الجواب باسم ملهم الصواب The general principle …
Conventional corporate finance requires the managers of a firm to manage the financial and other aspects of the business in a manner that increases the market value of the firm and therefore the value of a shareholder’s investment in the …
Question: Is it mandatory to give Fidyah for Sawm (fasting) only to the poor who are fasting? Answer: الجواب باسم ملهم الصواب It is not a mandatory requirement. Therefore, Fidyah can be given to the poor who are not able …
Question: Is it mandatory for a person to have performed a Fardh (obligatory) Hajj in the past before being able to perform Hajj on behalf of another person? Answer: الجواب باسم ملهم الصواب It is not a mandatory requirement for …
1.1 DEFINITION OF “FINANCIAL CRISIS” Goldsmith has succinctly defined the term ‘financial crisis’ as a “sharp, brief, ultra-cyclical deterioration of all or most of a group of financial indicators”, such as short-term interest rates, asset prices, corporate insolvencies and the …
Question: Is it mandatory to be in the state of Wudhu when entering a graveyard? Answer: الجواب باسم ملهم الصواب It is not mandatory to be in the state of Wudhu when entering a graveyard. However, it is preferable (mustahabb) …
by: Abdullah Fahim[1] In life, there are always two things: good and evil. Sometimes there are things which fall in between them, which is known as the ‘grey area’. According to Islamic teachings, everything good is considered ‘Halal’ or permissible …