Category: Business Investment

Total : 77 Results

Question ID 1597 Tuesday 1st of July 2014

Question:

asalamun alykum sayyedna. Is a glass manufacturing plant making soda bottles allowed to make alchohol bottles.Doing taqlid of Agha Khui

Answer:

It is absolutely forbidden (Haraam) to make any thing related to alcohol.
The act of making bottles for alcohol is Haraam and the income of it is
also Haraam.
Wassalam.
Mohammad al-Musawi

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Question ID 1566 Saturday 28th of June 2014

Question:

Salamun Alaykom dear Mulana musawi, I hope you are well and in good health. Just a quick question. I'm in the process of buying a cleaning business and some of their contracts in central London are in pubs, bars and restaurants etc... Should I still buy the cleaning business? With Thanks and Duas Yasir

Answer:

Muslims are not allowed to prepare or clean places of sinful acts like pubs
and bars. You must avoid cleaning places of sins, then your business of
cleaning non sinful places is allowed. If you can not avoid cleaning sinful
places, then leave this business.
Wassalam.
Mohammad al-Musawi

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Question ID 1508 Monday 16th of June 2014

Question:

Dear Sir ASAK, Is it allowed to invest in foreign exchange busines online.Please advise. Best regards

Answer:

Yes it is allowed to invest in foreign exchange business.
Wassalam.
Mohammad al-Musawi



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Question ID 1439 Thursday 29th of May 2014

Question:

Salam, Is it allowed to buy premium bonds(UK)?If a prize is won on these bonds what is the right way to dispose the money,should half the money given to charity,or khums be paid immediately or there is some other way. Thanks

Answer:

It is allowed to buy premium bonds in the UK provided that the money is
invested in lawful business activities.
If a prise is won, the money is allowed for any lawful use or charity .
Wassalam.
Mohammad al-Musawi


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Question ID 1413 Wednesday 21st of May 2014

Question:

What is the rule for putting ones money in a bank?? I mean is the interest earned permissible to keep??

Answer:

It is allowed to put your money in the bank as far as you do not put a
condition to take interest from the bank.
If the bank pays more than your money, you will be allowed to take that
amount.
Salaam
Mohammad al-Musawi

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WABIL - World Ahlulbayt(as) Islamic League, London.