Eating Camel Fat

Trading in cigarettes Question: What is the Islaamic ruling regarding one who trades in cigarettes which are sold under licence from the cigarette company? Response: Smoking is haraam, growing tobacco is haraam, and trading in it is haraam, because of the great harm which it causes. And it was narrated in the hadeeth: ((There should be no causing harm […]

The ruling about having shares in companies and banks Question: What is the ruling about having shares in companies and banks’? And is it permissible for a shareholder (in a company or a bank) to sell shares, specifically after he has become a shareholder himself, to offices dealing in buying and selling (stockbrokers)? And from […]

Having shares in the Islaamic Bank Question: The Islaamic Bank has shares for sale and the value of each share is one hundred and ten US dollars ($110). And that which we have understood is that the bank in question does not trade in ribaa and that the money from the sale of the shares will be […]