The Rulings of Using Certain Alternative Financing Mechanisms
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In the name of Allah, Most Compassionate, Most Merciful, Firstly, one of the conditions for a valid sale is that the object of sale must be in the ownership of the seller. As such, a person can not sell an item which has not lawfully come into his ownership. (SahihContinue Reading…
One cannot borrow from or financially transact with someone whose wealth is completely, or predominantly, haram. If it is predominantly halal, then financial transaction, borrowing, accepting gifts, etc. would be permissible. If one is unsure, then the default assumption is that most of their wealth is lawful, unless one isContinue Reading…
Reported by Jabir (RA): Messenger of Allah (peace be upon him) said, “When one of you sees a bad dream let him blow three times on his left, seek refuge in Allah from the Satan three times (i.e., by saying: Audhu billahi minash-Shaitanir-Rajim) and change the side on which he was lying.”
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