17. July 2018

Asalamu Alaykum Sh. Khaled, Ramadan Karim, and I pray you are in good health. I wanted to reach out about a question. We are considering buying a house of our own in the area. The issue of mortgage and interest came up. I wanted to know your position on the matter. Our sense is that a lot of the Islamic loan providers end up essentially mimicking the system, and end up being less advantageous/affordable than the mortgage system as it is. Is it alright, in your judgement, to take a mortgage out...

15. March 2017

Salaam 'alaykum Professor Abou El Fadl, Hope all is well with you and familly. Thank you very much for giving me the opportunity to seek your help regarding Islamic law on leverage, and the use of it in trading financial instruments, particularly in commodity and currency markets at retail level. Frankly, I've been feeling helpless for a very long time, as someone who's striving to be a practicing Muslim consistently. I used to work in a Foreign Currency & Futures brokerage firm and have...