Business and Dealings

Q: What is the fatwa in detail regarding health insurance?

Q: I would like to have complete fatwa on getting mortgage for personal home. Especially if your wife is more or less like a new Muslim and don't understand Islam very well. Can you go for a mortgage option or not?

Q: There is a small commercial property to rent to few different tenants... e.g. Car sales, take way, panel beater, etc.... A small section, about 15 % of the building on first floor is empty so I got an enquiry from a church to hire that portion of the premises. Can I rent it out to a church? Will this income be permissible?

Q: My husbands mother has gold that she gifted to my husbnad and my husbands big brother. She has some more gold which she was given by my husbands father. But my husbands mother gave all her gold to her youngest son and did not give any of her other three sons. She has 4 sons. Is it permissible in Islam?

Q: Would it be permissible to sell a good on credit for a price higher then the normal cash price? The customer buying on credit will pay in equal installments based on the price agreed upon at the outset of the transaction. 

Q: Can we give the interest money to the poor or needy?

Q: A certain person who works at a school decided to leave with a two week notice. The contract states that a three month’s notice period must be given, which is not correct according to the labour law. The labour law states that one month’s notice must be given. However, the board has decided that if the notice period is not served, the employee must pay them three months salary. The current month will not be paid and the employee must pay them for the other two months. Is this condition correct in the light of Shari’ah?

Q: Please tell me about the car ijaara scheme of Meezan bank that is that allowed or not?

Q: Can we pay the 'chartered accountant' his fee hired for calculating the income tax and filing its return from the 'interest money'?

Q: A man passed away leaving behind a wife and six children. In his lifetime, he contributed monthly towards a retirement fund, and whilst alive, he had written and signed that he had made his wife 100 % benefactor of this fund. In addition, he had a house in which his wife and children live. In his lifetime, he mentioned to his wife that 'this house is for you'. Does this fund and house form part of the inheritance to be distributed?