Frequently Asked
Questions
We provide general guidance and connect you with Shariah-compliant providers. We are not licensed financial advisors.
Frequently Asked
Questions
We provide general guidance and connect you with Shariah-compliant providers. We are not licensed financial advisors.
Investing & Screening
How do you determine if an investment is halal?
We follow recognized Sunni Shariah standards like AAOIFI and consult reputable scholars. We exclude companies involved in haram sectors and screen for excessive debt or interest income.
Do you invest in the stock market?
Yes, but only in companies that meet strict halal criteria. We avoid interest-based financial institutions, alcohol, gambling, and other prohibited sectors.
Can I invest in cryptocurrency?
Some cryptocurrencies may be halal if they meet Shariah conditions, but many fail due to speculation and lack of intrinsic value. We review them case by case.
How often do you review investments for compliance?
Some cryptocurrencies may be halal if they meet Shariah conditions, but many fail due to speculation and lack of intrinsic value. We review them case by case.
Do you provide direct investment advice?
We provide general guidance and connect you with Shariah-compliant providers. We are not licensed financial advisors.
Investing & Screening
How do you determine if an investment is halal?
We follow recognized Sunni Shariah standards like AAOIFI and consult reputable scholars. We exclude companies involved in haram sectors and screen for excessive debt or interest income.
Do you invest in the stock market?
Yes, but only in companies that meet strict halal criteria. We avoid interest-based financial institutions, alcohol, gambling, and other prohibited sectors.
Can I invest in cryptocurrency?
Some cryptocurrencies may be halal if they meet Shariah conditions, but many fail due to speculation and lack of intrinsic value. We review them case by case.
How often do you review investments for compliance?
Some cryptocurrencies may be halal if they meet Shariah conditions, but many fail due to speculation and lack of intrinsic value. We review them case by case.
Do you provide direct investment advice?
We provide general guidance and connect you with Shariah-compliant providers. We are not licensed financial advisors.
Home & Business Financing
How is halal home financing different from a conventional mortgage?
Halal financing avoids riba (interest) and uses contracts like Murabaha or Diminishing Musharakah, where ownership is shared or sold at a fixed profit rate.
Do halal financing options cost more?
Not necessarily. Costs vary by provider, but the goal is fairness and transparency, not exploitation.
Can I refinance an existing mortgage into halal financing?
Can I refinance an existing mortgage into halal financing?
What types of halal business financing are available?
Common options include profit-sharing (Mudarabah), joint ventures (Musharakah), and asset-based financing (Ijara).
Do you directly provide financing?
We do not finance directly; we connect you to vetted halal providers.
Home & Business Financing
How is halal home financing different from a conventional mortgage?
Halal financing avoids riba (interest) and uses contracts like Murabaha or Diminishing Musharakah, where ownership is shared or sold at a fixed profit rate.
Do halal financing options cost more?
Not necessarily. Costs vary by provider, but the goal is fairness and transparency, not exploitation.
Can I refinance an existing mortgage into halal financing?
Can I refinance an existing mortgage into halal financing?
What types of halal business financing are available?
Common options include profit-sharing (Mudarabah), joint ventures (Musharakah), and asset-based financing (Ijara).
Do you directly provide financing?
We do not finance directly; we connect you to vetted halal providers.
Zakat, Estate & Purification
How do I know if I need to pay zakat?
Zakat is due if your wealth exceeds the nisab threshold for one lunar year. We help you calculate based on the gold or silver value.
Can I pay zakat on investments?
Yes. The zakatable portion of investments is included in your total calculation.
What is wealth purification?
It’s the removal of non-halal income (e.g., interest earned unintentionally) by donating it to charity without the intention of reward.
Can you draft an Islamic will?
Yes, we provide Shariah-compliant estate planning services, ensuring distribution follows Islamic inheritance rules.
Do you help calculate inheritance shares?
Yes, using the Qur’anic shares and recognized fiqh rulings.
Credit & Banking
Is it halal to have a bank account that pays interest?
No, interest (riba) is haram. If unavoidable, any interest earned must be removed via purification.
Can I use credit cards?
Only if they are interest-free or if you pay the balance in full each month before interest accrues.
Are Islamic banks available in the USA?
Yes, but they are limited. We connect clients to available halal banking solutions.
Can I lease a car through an Islamic financing model?
Yes, using Ijara (leasing) with clear, halal terms.
Credit & Banking
Is it halal to have a bank account that pays interest?
No, interest (riba) is haram. If unavoidable, any interest earned must be removed via purification.
Can I use credit cards?
Only if they are interest-free or if you pay the balance in full each month before interest accrues.
Are Islamic banks available in the USA?
Yes, but they are limited. We connect clients to available halal banking solutions.
Can I lease a car through an Islamic financing model?
Yes, using Ijara (leasing) with clear, halal terms.
Compliance & Our Process
What Shariah standard do you follow?
We use AAOIFI guidelines and the consensus of recognized Sunni scholars.
Who verifies compliance?
All recommendations are screened by qualified Shariah advisors and verified through our internal review process.
Do you earn commissions from providers?
Yes, from some providers, but this never affects our recommendations. We only partner with halal-compliant companies.
Can I lease a car through an Islamic financing model?
Yes, using Ijara (leasing) with clear, halal terms.
Compliance & Our Process
What Shariah standard do you follow?
We use AAOIFI guidelines and the consensus of recognized Sunni scholars.
Who verifies compliance?
All recommendations are screened by qualified Shariah advisors and verified through our internal review process.
Do you earn commissions from providers?
Yes, from some providers, but this never affects our recommendations. We only partner with halal-compliant companies.
Can I lease a car through an Islamic financing model?
Yes, using Ijara (leasing) with clear, halal terms.
Site & Legal
How is my data protected?
We use encryption, secure servers, and never sell your personal information to third parties.
Do you give personalized financial advice?
No. We provide general guidance and connect you with licensed providers where necessary.
Are your services available worldwide?
Yes, but specific offerings may vary by country due to local laws.
Site & Legal
How is my data protected?
We use encryption, secure servers, and never sell your personal information to third parties.
Do you give personalized financial advice?
No. We provide general guidance and connect you with licensed providers where necessary.
Are your services available worldwide?
Yes, but specific offerings may vary by country due to local laws.