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: Trading
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
Regarding the Nisaab for Zakat in Trading Offers
Question Our respected Sheikh, kind greetings, blessings from AllahAssalamu Alaikom Wa Rahmatullahi Wa Barakatuhu My question is in relation to the Nisaab of Zakat in trading offers: it was mentioned in Funds in the Khilafah State book, page 142 (English version), that the Nisaab of Zakat in silver-which is 200 Dirhams- becomes 595 grams, or … Continue reading Regarding the Nisaab for Zakat in Trading Offers