The Majlis Archive

Category

Finance - Banking - Business

427 answers. Every one links back to its page or issue on themajlis.co.za.

Is the dim inis hing mushaarakah concept valid?

Diminishing Mushaarakah is a haraam stupidity. We have written detailed articles on its prohibition. There is no such concept as diminishing mushaarakah in the Shariah. It is a…

The Majlis Vol 25 No 12, p.3

Is it permissible to invest in the stock exchange?

It is not permissible to invest in the stock market not even in companies which are not listed on the stock market. Their dealings are all in conflict with the Shariah.

The Majlis Vol 25 No 12, p.4

Are there any halaal investments?

We are not aware of any halaal investments. All investments advertised are corrupt in terms of the Shariah. While one does not have an avenue of investment, it is best to purchase…

The Majlis Vol 25 No 12, p.12

A man has a debt of about R50000.

If Qur'baani is not Waajib on him, then it is not permissible for him to give Sadqah and make Qur'baani when he has a debt of R50,000. It is Waajib for him to use the money to pay…

The Majlis Vol 26 No 01, p.3

In 1998 I had given someone a loan of R33,000.

In 1998 with R33,000 one could have purchase 17.57 Kruger gold coins. That was the worth of the papers/ promissory notes you had given. Today, he must repay 17.57 Kruger gold…

The Majlis Vol 26 No 02, p.2