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Investments

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    Dealings and TransactionsQue.ID 12953/23/2021

    Saving Certificates
    Asalamoalikum Hazrat, I have a question about saving certificates. Is it permissible to invest or buy such certificates? Background: My wife's father is a banker and he had multiple saving certificates. My wife is insisting to buy those...
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    Dealings and TransactionsQue.ID 119610/30/2020

    Dakar deduction for a specific kind of business
    Aslamo Alikum! Me my partner want to establish a construction business with below terms condition. 1)- I will provide 70% amount to start business. 2)- My partner will provide rest of 30% amount after 3 years to strengthen the business...
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    Dealings and TransactionsQue.ID 10559/16/2020

    Stock Market Investment Short term/Day trading
    Assalam'AlaikumI want to Invest money in Shares/Stock of a company who DOES NOT deal with Finance, Alcohol, Entertainment or Manufacture/Sale/Market Prohibited Goods/products in Islam.However, most of the companies are directly or indirectly tied...
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    Dealings and TransactionsQue.ID 10711/26/2017

    Taking Loan from My 401K to Donate
    Assalamualaikum Warahmatullah I make contributions to my 401K plan every month and whatever I chip in, my employer matches that amount. Typically if someone takes the money out of their 401K before they reach the age of 59.5, they will have to pay...