عربي
02 ربيع الأول 1444  ,  28 September 2022

Statement on Fatwa and ... Date Added: 07-09-2022

Parenting Training Skills Date Added: 01-09-2022

Values of Civilization in ... Date Added: 11-08-2022

The Document of Medina and ... Date Added: 01-08-2022

Islamic Economy (An ... Date Added: 12-09-2022

The Impact of COVID-19 ... Date Added: 11-09-2022

Clarification from Iftaa` ... Date Added: 08-09-2022

A Statement on the ... Date Added: 08-09-2022

Fatawaa - Search Sections - Current Financial Issues

Ruling on Reducing Murabaha Ratio for Previous Funding

An investment fund finances employees in the form of Murabaha to purchase orderer up to eight years. Currently, the fund is reviewing the Murabaha* ratios and is expected to reduce the ratios for future contracts by one percentage point compared to the Murabaha ratio currently applied. Accordingly, is it permissible to reduce the Murabah ratio for the old funding and is this reduction compatible with the expected reduction for the future Murabaha ratio?

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Ruling on Taking Commissions Utilizing Electronic Portfolios

I have an electronic portfolio (Zain Cash) through which I pay clients` different bills (water, electricity, traffic fines etcetera.). Is it permissible to take commissions against this service? For example, I charge one JD for a ten-JD electricity bill and five JDs for transferring one hundred JDs. Is this permissible?

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Ruling on the Financial Leasing Contract of Etihad Company

What is the ruling of Sharia on the amended leasing contract offered by Etihad Leasing Company?

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Ruling on Buying Counterfeit Goods

What is the ruling of Sharia on buying goods from companies that make lookalike goods bearing fake trademarks?

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Ruling on the Contracts of Aoun Islamic Finance

Would you clarify the ruling regarding the contracts of Aoun Islamic Finance whereas they consist of: a promise by the purchaser orderer, a contract of buying the goods that are intended to be financed by their owners and goods sale contract throughout Murabaha to the purchase orderer? 

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Some Forbidden Forms Conducted with Portfolios

I have a portfolio in which I keep my money balance, however, I sometimes need cash so I transfer (100 JDs), for example, to a person`s account and he hands me (97 JDs) in cash. Is this permissible?

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Ruling on the Housing Loan Contract for the Staff of the Social Security Corporation

What is the ruling of Sharia on the attached housing loan contract for the staff of the Social Security Corporation?

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Ruling on Constructing an Additional Floor

What is the ruling on constructing a floor on roof of building?

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Ruling on Delay Penalties Charged on Pension Fund Participants

In case a member of  the Pension Fund failed to pay outstanding contributions, what is the ruling  of Sharia on imposing doubled delay penalties?

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Ruling on Marketing for Brokerage Firms

What is the ruling of Sharia on marketing for a brokerage firm (See attached copy)?

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Islamic Ruling on Financial Leasing Offered by Cities & Villages Development Bank
What is the ruling of Sharia on financial leasing contract (movable property) offered by Cities & Villages Development Bank; see attached copy?
 
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Ruling on Dealing with a Conventional Bank in Exchange for Marketing its Services

A conventional bank has offered to be the exclusive sponsor of my business in return for allowing it to put an ATM there. What is the Islamic ruling on this?

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Ruling on Paying "Security of Good Faith" in Financial Leasing Contract

What is the ruling of Sharia on the lessor taking "Security of good faith" in financial leasing contract before handing over the leased property? Moreover, what is the ruling in case this "Security of good faith" wasn`t mentioned upon reaching the agreement?

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Poultry Farmers Follow a Certain Customary Practice when Calculating Poultry Weights

In accordance with the normally accepted commercial practice, there are two types of plastic live chicken transport boxes: (7 kg) and (8kg). Recently, two new boxes have been imported into the market and they weigh (6kg) and (7,200kg). However, traders deal with the latter boxes as the former. This caused loss to poultry farmers and breeders, in addition to fraud (tampering with the weighing scales), which is forbidden in Sharia. Because of this disparity, the marketer managed to make a great deal of profit. What is the ruling of Sharia on this knowing that the farmers take out one kilo from the weight of every basket against chicken runoff?

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Ruling on Financing Services and Medical Fees for Members of Provident Fund

What is the religious ruling on the agreement of procuring services and medical fees offered by the provident fund of the Jordan Petrol Refinery (See attached copy)?

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