Shenanigans of Amaanat Investments
THE HARAAM SHENANIGANS OF AMAANAT INVESTMENTS QUESTION ONE I have invested considerably in the company called Amaanat Investments. Very perturbing and damning information has now been…
Topic
Finance - Banking - Business
TIMESHARE SALES
Q. I was always under the impression that timeshare sales are impermissible until I stumbled across the fatwa of Mufti Ebrahim Desai who claims that it is permissible. Please clarify if…
LANDLORDS, TENANTS, EMPLOYERS AND EMPLOYEES
THE GUIDANCE OF THE SHARIAH QUESTION We need some clarification on some issues confronting us due to this Covid-19 lockdown. We are a company with numerous retail stores countrywide. We are…
MEDICAL AID INSURANCE
QUESTION Please view the following question and answer regarding medical aid. Is the fatwa issued by Darul Uloom Isipingo correct? The shar’ee ruling regarding medical aid and hospital plan…
BITCOIN FRAUD
MORONIC ‘FATWAS’ OF PERMISSIBILITY DEBUNKED The following article by experts illustrates with evidence the obvious FRAUD of the bitcoin scam – a fraud which was not hidden from people of…
A JAAHIL’S ‘FATWA’ ON HALAALIFIED RIBA BANKING
BY A U.K. STUDENT OF THE DEEN The following is a verbatim reproduction of an article by a Deeni Student of the U.K. “In a classic case of Juhala seeking and obtaining Fatwas from even worse…
THERE IS NO ISLAMIC BANK
THERE IS NO ISLAMIC BANK IN THE ENTIRE WORLD BY Mufti Zar Wali Khaan (Shaykhut-Tafseer Wal-Hadeeth of Jaami’ah Ahsanul-Uloom Pakistan) (Translated from Urdu) ‘ULAMA ARE UNANIMOUS THAT THOSE…
BITCOIN IS NOT CURRENCY
The notion that bitcoin or any other form of crypto ‘currency’ is real currency is baseless. This idea is based on lack of understanding of the issue. Only if the government declares bitcoin…
CRYPTO-GHOST CURRENCY
THE GAMBLING SCAM OF CRYPTO-GHOST CURRENCY The following letter from a Brother, adds more light to the bitcoin/crypto currency which in reality is a ghost ‘currency’. It is a massive,…
HALAAL EARNINGS
RASULULLAH (SALLALLAHU ALAYHI WASALLAM) SAID: * THE AID OF ALLAH IS WITH THE PIOUS TRADERS. * THE TRUTHFUL AND HONEST TRADER WILL BE (ON THE DAY OF QIYAAMAH) WITH THE AMBIYA, THE SIDDIQEEN…
Bitcoin???
ULAMA SHOULD EXERCISE CARE, AND NOT JUMP ON THE STUPID CONSPIRATORIAL BITCOIN BANDWAGON IN A BID TO ILLUSTRATE ‘ACADEMIC EXPERTISE’. THIS IS PURE NAFSAANIYAT, AND THIS IS THE OBJECTIVE OF…
THE SATANSIM OF HALAALIZING RIBA AND PICTOGRAPHY
A Concerned Brother from Pakistan writes: I would like to share my views and observations about the situation we are facing nowadays. We all are aware that according to the Islamic…
AL MABROOR INVESTMENTS
CLARIFICATION In the current issue of The Majlis, Vol. 23 No.12, on page 9 we have an article captioned: AL-MABROOR INVESTMENTS. In response to a question, we answered that Al-Mabroor…
SHARIAH PROHIBITS CURRENT ISLAAMIC BANKING & PICTURES
SHARIAH PROHIBITS CURRENT ISLAAMIC BANKING & PICTURES (of living beings) A UNANIMOUS FATWAA BY 29 SENIOR ‘ULAMA OF PAKISTAN For quite some time the dealings of the banking system based on…
INSURANCE BURIAL SCHEME
‘MUSAEEDATUL JANAAZAH’ A HARAAM INSURANCE BURIAL SCHEME Among the Signs of the Impending Hour of Qiyaamah mentioned in the Hadith is the pursuit of worldly motives under subterfuge of the…
Riba Shenanigans of ALBARAKA BANK
CASE NO. 6149/2015 IN THE KWAZULU-NATAL HIGH COURT, DURBAN In the matter between Albaraka Bank Limited (Plaintiff) And Feroze Sheik (Defendant) (In this matter there are six Defendants THE…
ALBARAKA RIBA BANK’S Baatil ‘Principles
ALBARAKA RIBA BANK’S BAATIL ‘SHARIAH’ PRINCIPLES OF DECEPTION The so-called ‘Shariah principles’ enumerated by Albaraka Bank in its item No.16, are just as humbug and baatil as the bank’s…
Riba of ALBARAKA BANK
THE HARAAM RIBA ‘MUSHARAKA’ SHENANIGANS OF ALBARAKA BANK Question I would like to know more about how the concept of musharaka. How does it work? I have been dealing with Albaraka Bank.…
CLOSE YOUR FNB ACCOUNTS O MUSLIMS!
YOUR ISLAMIC OBLIGATION CLOSE YOUR FNB ACCOUNT!!! Rasulullah (sallallahu alayhi wasallam) said: “The Muslimoon are like one man. If the eye pains, the whole body is affected, and if the head…
THE MYTH OF ‘ISLAMIC’ BANKING ‘ISLAMIC’ BANKING IS FRAUD AND DECEPTION
Email: muftis@themajlis.net 16 Muharram 1434 – 30 November 2012 by R Jagannathan Nov 23, 2012 Extracts from an article by a non-Muslim Reserve Bank Governor D Subbarao has done well to…
FIRST NATIONAL BANK’S SO CALLED SHARIAH BOARD RESIGNS
Email: muftis@themajlis.net 17 Sha’baan 1433 – 7 July 2012 FIRST NATIONAL BANK’S SO CALLED SHARIAH BOARD RESIGNS BANK ‘SHARIAH’ BOARDS ARE LIKE CARRION-HALAALIZING OUTFITS The Majlis has for…
Haraam So-called ‘Islamic Finance’ “Shariah Boards are Shaitaani Boards”
Email: muftis@themajlis.net 21 Sha’baan 1433 – 11 July 2012 WE AGAIN REMIND THE MUSLIM COMMUNITY THAT ALL SO-CALLED ‘ISLAMIC’ FINANCE AND FINANCIAL PRODUCTS TO WHICH AN ‘ISLAMIC’ LABEL IS…
‘TAKAFOL’ is Blatant Haraam Insurance
SO-CALLED ‘TAKAFOL’ IS BLATANT HARAAM INSURANCE A new financial venture is being marketed in South Africa for Muslim consumption. The product being offered to the Muslim community has been…
Shares | What are they?
Sometime ago we were informed that a senior Aalim had opined that a public company could be regarded as a valid shirkat (partnership) undertaking. The grounds for this opinion of the…