What if the 401(k) account imposes restrictions and penalties if withdrawn prematurely?
Scholars differ in their opinions on this topic:Some scholars say, no Zakat due if the account imposes restrictions and penalties on one’s use and withdrawal of its funds arguing that […]
Is Zakat owed on retirement accounts, such as a 401(k)?
Yes, if one has full, free access to the account.
Do we pay Zakat on 401k before the due date matures?
The scholars have differed on zakah due on 401(k) and adopted four main opinions: 1. Some have considered the zakatable amount to be that after subtracting penalties and taxes that […]
Is investing in 401k permissible in Islam?
The 401k structure itself is not problematic, rather the underlying investments are what determine permissibility from a religious perspective. You might consider checking with your company if they offer a […]
Is smoking permissible in Islam?
Is selling cigarettes permissible in Islam?
It is not permissible to inflict harm upon oneself. Since smoking has many harmful effects on one’s health, it is not permissible to smoke. Allah (SWT) says in the Quran […]
Can a woman visit her husband’s grave while still on her ‘iddah period?
Some scholars hold an opinion of allowing women to visit the graves, whether it is the grave of her husband or others, even if they do it during their ‘iddah […]
What if she has to attend very important events pertaining to her family members?
There is nothing wrong with attending important events as long as she avoids wearing adornment and perfume because her going out, in that case, is going out for a need. […]
What is a woman’s ‘iddah period following her husband’s death?
The woman whose husband has died must observe mourning for her husband for four months (lunar) and ten days, and until giving birth if she is pregnant. Allah, may He […]
Is it permissible to wear a shirt with a picture/logo on it?
It was reported that the Prophet (pbuh) said: “The image is the head, and if the head is cut off, there is no image.” It was included by Al-Bayhaqi in […]
If a person suffers from poor memory and a lot of forgetfulness and gets confused in their prayers, Is their prayer valid?
If a person cannot perform the prayer in its complete form, then they should do what they can, and what they are unable to do will be waived for them. […]
Is it permissible to purchase a house if the seller and the lender are the same entity?
Below, please take a look at the answer extracted from the study presented by Dr. Main Alqudah at the AMJA 16th Annual Imams’ Conference. https://www.amjaonline.org/wp-content/uploads/2019/04/Contemporary-Issues-Related-To-Buying-RealEstate-Alqudah.pdf Second: Financing with Construction Companies […]
What is the Islamic ruling on options contracts on shares/stocks?
The object of the option contract is merely the right to buy or sell for a certain price. So what is being sold is the option itself, and this contract […]
