Answer to QuestionTrading in the Forex marketTo: Ameen Jarrar(Translated) Question: Assalam Alaikum Wa Rahmatullah Wa Barakatuh The question is: Trading in the Forex market (foreign exchange market) using a Contract for Difference (CFD), where trading and speculation are based on the price movement of an asset, rather than buying and selling it as usual. The … Continue reading Q&A: Trading in the Forex market
Tag: Gold
Zakat on Honey and all other Trading Merchandise
Question by Amel Ht: Assalamu Alaikum wa Rahmatullahi wa Barakatuh, May Allah bless your efforts and make the Ummah benefit from you, our eminent Ameer, and support you with victory, empowerment, and make this in the scale of your good deeds, InshaAllah. I have a question if you allow me. My question: Is there Zakah … Continue reading Zakat on Honey and all other Trading Merchandise
Zakat on Gold Jewelry
Question: Assalamu Alaikum our honourable Ameer Is there Zakat on gold jewellery that is for the purpose of savings? Jazak Allahu Khair and the victory of Allah for this dawah at your hands… Answer: Wa Alaikum us Salaam Wa Rahmatullah Wa Barakaatuhu 1. Jewellery is what a woman wears to beautify and adorn herself with from … Continue reading Zakat on Gold Jewelry
Answers to Economic Questions Related to Gold
بسم الله الرحمن الرحيم Questions: Assalamu Alaykum Warahmatullahi Wabrakatahu: Honorable Scholar Ata' Bin Khalil, may Allah sustain you and provide for you; Economic questions related to gold: What are the factors affecting the price of gold? Why did the price of gold fall since the end of last year? To what is the sudden decline, … Continue reading Answers to Economic Questions Related to Gold