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Tag Archives: currency
Bitcoins and Islamic Dinar
Is there any fatwa allowing or talking about this new currency called bitcoins? What would be the impact of it in the midst of the modern world and the nations that are Muslim majority? Continue reading
Forex (Currency)Trading is it allowed in Islam?
I was wondering if anyone could tell me if it is permissible to trade (buy/sell) shares (stock, commodity, currency)… Continue reading
Posted in Halal & Haram
Tagged buy, commodity, currency, currency trade, currency trading, foreign exchange, Forex, halal, haram, permissibility, sell, shares, stock, trade, validity
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Ruling about interest
Previously I read a post here in which it was said that fixed deposit is interest… Continue reading
Posted in Halal & Haram
Tagged bank, currency, earning, fixed deposit, haram, interest, Islamic bank, non-Islamic bank, profit, savings certificate, value
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Questions about zakat
1-Is the nisaab of zakaat same in the whole world or it will vary as the price of gold varies… Continue reading
Posted in Zakat & Sadaqah
Tagged currency, gold, nisab, price, zakat, zakat calculation
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