Day: June 13, 2016
Zakah calculation
Question: Assalam Alaikum, I would like to know the best way to calculate zakat. There are many website that offers calculations based on income and assets you have. Please advise as I owned rental properties as well as other business I also have mortgage and other liabilities such as...
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Question: If a lender purchase a house for $100,000 and add their profit $25,000 and sell this to a customer for $125,000 in installments, is this Halal Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. In principle, if one purchases...
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