Business

Question: Txn Id:ER191116.0856.H93855. Dear Customer, you have recieved MK 1412.29 from AIRTEL MONEY TRUST INTEREST. Your available balance is  MK45787.29. Personal account Is the above money termed as ‘interest’ permissible to use? I asked the company and below is their response. From the company; Airtel: It’s interest we are giving …

Question: Assalamu Alaikkum warahma tullahi wabarakatu All praise is due to Allah peace and blessing be upon our beloved Prophet Mohamed. I wanted to enquire on what could be a major issue here in the U.K for many students. As you may be aware that university require funding of £9,250 …

Question: Is the Shariah Bank here in Malawi permissible? I want to invest money in it. They have given me a form. Attached is the form. Pls advise. Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. We have studied the Shariah Private …