Business and Dealings

Taking an oath of allegiance to gain citizenship in a non-Muslim country

Q: Zaid is in a country which is a country of kuffar (kuffar rulers, dominant kuffar population, elected body making laws is all kuffar). However there Muslims living there and there are hundreds of mosques, even medaris for religious education. There are some areas where Muslims presence is clearly felt. Zaid went there for higher education and finished his masters degree and then got a very good job of his field. The employer organization arranged for his permanent residence permit to work freely there. He wants to come back to a Muslim country. But, he will get much higher salary and many benefits if he has the citizenship of this biladul-kuffar. So people are advising him to first get the citizenship and then return your home country. Is it jaíz for Zaid to apply for citizenship that will require finally an oath of allegiance (giving up allegiance to his country of birth and declare allegiance to this country of kuffar?). Some say the required oath is only a political allegiance and not a religious allegiance because their constitution give complete freedom of religion.

Old mutual annuity fund

Q: This question is regarding and old mutual annuity fund.

1.) Am I allowed to use the profits from this fund?

2.) If not, can I use the profits from this fund for renovations or Building a room for my domestic workers?

3.) What other options do I have in using these profits?

Mortgage

Q: I had three questions regarding interest:

1. Is a mortgage (on interest) permissible in Islam to purchase a family home?

2. If my parents are pressuring me into purchasing a family home through mortgage rather than renting, am I under obligation to listen to them?

3. If I make a total of the amount of interest my father pays on a regular basis with the intention of persuading him to reduce his loans, is this permissible, and would this be considered “recording interest” which is forbidden in hadith?

Early settlement discount

Q: Where I work, we offer the 2.5% settlement discount for all customers if they pay their account within 30 days. This is a practice followed by the business over 30 years and all major customers take this if the ones that pay by the 7th of the following month. we allow this although it is not within the period. is this 2.5% also not allowed. Also, with our holding company (foreign based), we get a 3% discount if we pay the invoices within 14 days from when goods are invoiced. if we pay after 14 days, we cannot take the discount and our credit terms intra group is 60 days. Please let us know whether the practices are allowed as I am in charge of the payments.

Voting

Q: I'm from India. My question is can we Muslims living in non Muslim country like India can we vote for the democratical leader and can Muslims living in non muslim country such as India form a political party? I mean to ask is, is it right stay politically active in our country?

Working for an Islamic Bank

Q: I was a Bank Manager in a Conventional Bank. I left the Bank after Allah Ta'ala blessed me with His guidance. Immediately after I left my Bank job, I got an offer from a person which was very good, almost too good to be true. I joined this person but as the days passed, all my savings from my previous Job were taken from me and I was left with nothing. Thereafter I remained jobless for almost 7 months after which I received an offer from a former acquaintance and I accepted. That job related to IT software very new to me but I managed to learn and work. After 4 years, the business turned bad and the company was dissolved. Now, I'm jobless again. Many people want me to join an Islamic Bank but I'm not sure if it is Islamic at all. I'm afraid that if I join the same sector, Islamic or otherwise, all the hardship I went through to get away from "Riba" would be useless. Please guide me about an Islamic Bank. Should I join?

Business started with haraam money

Q: I want to know that is the profit made through halaal business that was initially started by haraam money is halaal or haraam to use. Example: If I use haraam money and start a halaal business and I earn some profits from that business so that profit is halaal or haraam? Please let me know the Islamic rulings about this issue.