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Question ID  5693  -  Business Investment -  2022-05-08 02:00:02
My house is on mortgage I would like to remortgage this house so that I can let it out for an income Buy another house on Mortgage to live Is it allowed to have 2 Mortgages?
 
Answer:-  Yes it is allowed to have any number of mortgages as far as you take the
money from non Muslim bank and use it is in a lawful way.
Wassalam.


>
 
Question ID  5687  -  Business Investment -  2022-05-02 05:00:01
Salaam I live in the UK, so I find it difficult to avoid tax and interest in bank accounts. They give us interest for having a back account with them, although it is only usually a small amount, what is the best thing to do with this interest? Also, if a bank or building society gives you a welcome bonus or switching to one of their accounts if this welcome bonus as a new customer Halal? Wasalaam
 
Answer:-  Wa Alaykum Assalam wr wb
1. Interest received from banks or building society with out your demand or
condition is permissible to utilise or give it in charity.
2. Welcome bonus is allowed to receive and utilise just like any gift.
Wassalam.






>
 
Question ID  5675  -  Business Investment -  2022-04-23 22:30:02
Assalamualaykum, Please could you clarify if it is permissible to trade in stocks/currencies/crypto currencies using margin. For example, putting in some capital from my own money and borrowing via the exchange to increase my position size. This is a popular method in Foreign currency trading. There will be interest charged on the borrowed amount. I have been investing in Cryptocurrencies and was considering using leverage in my trades. Jazak Allah
 
Answer:-  Some Ulama say it is allowed while other Ulama don't have a verdict on such
dealings because it is not clear yet for them.
Wassalam.



>
 
Question ID  5671  -  Business Investment -  2022-04-18 18:30:02
Salam walykom mawlana Is trading in the forex market with a system of financial leverage through brokerage companies permissible or not its called also CFD contracts (contracts for difference) Thank u
 
Answer:-  This is the answer from the office of Ayatullah Sistani:

His Eminence does not express his opinion about such transactions. You can
follow the next most learned Mujtahid in this regard.



May Allah grant you success
 
Question ID  5670  -  Business Investment -  2022-04-13 05:00:02
Salam mawlana Is trading in the forex market(currencies.. Commodities.. Stocks) with a system of financial leverage through brokerage companies permissible according to ayatollah . Al-Sistani.. Its called also CFD contracts
 
Answer:-  Wa Alaykum Assalam wr wb
We have forwarded your question to the office of Ayatullah. We will inform
you as soon as we receive the answer from them.
Wassalam.

On Wed, 13 Apr 2022 at 12:04 AM, Hassan khalifeh
Reply-To:
wrote:

> Mr/Mrs Hassan khalifeh
> posted a new question on wabil website, the details are below...
> Category : Business Investment
> Question : Salam mawlana
>
> Is trading in the forex market(currencies.. Commodities.. Stocks) with a
> system of financial leverage through brokerage companies permissible
> according to ayatollah . Al-Sistani.. Its called also CFD contracts
>
>
 
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