ANSWER: No problem, providing its shariah compliant. Do you not ride cars and use electricity? Is using it haram for this reason you had mentioned? In order for any investment into the shares of a company, two conditions must be fulfilled: 1- The line of work is halal. 2- The company doesn’t deal in Riba […]

Read more

ANSWER: If they’re still in your name, you must sell them off and take only the money that you got it for and give away anything extra if you get, to the poor muslims.  You should not let your mum keep them as they’re on your name and the sin will be on you. 

Read more

ANSWER: It is not like gambling. It is just like any other business with profits and losses. However one should invest in halal company shares.  Watch the link below to know which are halal shares to invest in: https://youtu.be/isra5jbCCWc

Read more

Kindly refer to the following link(s): https://www.youtube.com/watch?v=M0Ckp3siDvo https://www.assimalhakeem.net/i-want-to-know-that-is-forex- trading-halal-or-haram/

Read more

This is not permissible as you are not buying anything physical and you are simply being fooled to keep your money with them and they use it to get more like you in and pay them money. This is called multilayer marketing and also pyramid schemes.

Read more

It is not permissible to trade in currency except if the transaction is done on the same spot and time by giving the money and receiving it hand by hand at the same time. In Forex, you need a day or two before you can cash your money, if I am not mistaken.

Read more