Ekonomi Syariah

Question:

Asalam alikum wa rahmato Allah

My question is in the most critical issue facing all Muslims in all Muslim countries, which is the banks and Islamic banks? Please, state the detailed difference between them and give us a perfect start answer, whether to deal with the Islamic ones or not?
Jazak Allah khir

Question:

Is it permissible to invest in the stock and commodities market? Please help me in this regard.

Answer:

In the Name of Allah, Most Gracious, Most Merciful.

All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.

Question:

In the UK like other western country insuring car, properties, home is compulsory. Is it allowed for us to work in such insurance company or start a business to sell insurance policy like a broker?

Jazakum Allahu Khayran.

Question:
    
Respected scholars, as-salamu `alaykum.

Due to the financial crisis in the US, my company lost a lot of business and I cannot pay back the creditors because I am owed a huge sum of money. In addition, I believe this is the fault of the financial crisis, not me. What is the solution? Should I declare bankruptcy? And, what does declaring bankruptcy mean? What about the creditors’ debts?

JazakumAllahu Khayran.

Question:

Respected scholars, as-salamu `alaykum. Is it permissible for a Muslim to engage in Forex trading with any broker who provides a Muslim account?

Jazakum Allahu Khayran.

Answer:

Wa `alaykum as-salamu wa rahmatullahi wa barakatuh.
In the Name of Allah, Most Gracious, Most Merciful.
All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.

Question:

As-Salamu `alaykum! I would like to ask you about a network marketing whereby a new company sells gold through the internet and the person who buys from them can get involved in the business as an agent for the company (to become an agent you have to buy a gold coin) and after becoming agent, for each sale you make, you receive 40 US dollars as commission, either the sale is conducted directly or indirectly.

Question:

I am living in United States and I have a bank account. I don't take interest but just I am thinking why should I leave that interest money with bank, why not I use it to give Sadaqah to poor people. Is it permissible to use bank interest in Sadaqah?

Answer:

In the Name of Allah, Most Gracious, Most Merciful.

All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.