Is possession necessary at the time of the transaction?
Question: Is it necessary to take possession of the article of trade or the purchase price at the time of transaction? Answer: In the Name of Allah, the Most Gracious,…
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Trade & Business
25 posts
Am I entitled to a return of a payment for an unavailable service?
[vc_row][vc_column][vc_column_text]Question: Aslaamu alaykum, I am a member of a gym. I pay monthly to use the gym. In May, I paid in the beginning of the month. However, the gym…
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Selling items with the declaration ‘sold as seen’
Question: Is it permissible to sell items with the condition ‘sold as seen’? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. One…
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Brokerage and charging commissions
Question: 1. What is the difference between a Dallaal and a Simsaar دلال and سمسار? 2. Can brokers charge commission and if so how? Answer: In the Name of…
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Is it permissible to repay a loan in a foreign currency?
Question: Say that I borrow 100 pounds from somebody and agree with him that the debt should be repayed in Pakistani rupees. If the 100 pounds corresponds to 14 945…
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What is the ruling on exchanging Rands for Rands?
Question: What is the ruling on exchanging rands for rands? For example: Ahmad needs change for a R100 note, so Muhammad takes the note and gives him the only 3 R20…
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What is the ruling of deferred change after purchasing an item?
Question: I wanted to clarify regarding your fatwa (What is the ruling on exchanging Rands for Rands? – Posted on June 4, 2013). 1) We usually face such situation (used…
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Is a 99 year lease agreement Shari’ah compliant?
Question: Is a 99 year lease agreement Shari’ah compliant? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. One of the conditions for…
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I am considering starting a cake business and wanted to know the Islamic ruling on whether I can sell birthday cakes?
Question: I am considering starting a cake business and wanted to know the Islamic ruling on whether I can sell birthday cakes. Answer: In the Name of Allah, the Most…
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Is it permissible to buy and sell replica items?
Question: I am planning on buying phone cases & accessories from China to sell them from my shop. Some of the Chinese companies simply copy designs from companies in the…
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