Business and Dealings

Q: I had given money to a builder for investment purpose in his project he will invest money in his projects and distribute profit among investor on percentage wise. Is it permissible to invest like this?

Q: Can interest money be given to poor Muslims which is given by banker for savings account?

Q: I will be receiving a large sum of money from pension pay out from the government upon resignation . If I do not put this in another pension fund, will be taxed heavily by sars. Is Oasis a shariah complaint fund to put my money in the pension fund. Where else do you suggest we invest the Shariah way?

Q: Is it permissible for a man to work as a pilot, even though alcohol is served in the plane?

Q: I am working as a gaming programmer. I intend to design educational games that will not contain any music or pictures of animate objects. Is this allowed in Islam?

Q: My brother would like to start a business as an ISP (internet service provider). He will basically be providing internet to the users in his local area. A few people told us that it is haraam because some customers may use the internet for haraam e.g. porn sites. Is it permissible for him to start this business?

Q: My car was hit by other car from behind, so I claimed and the insurance company gave me some amount as compensation. So can I use that money?

Q: A person wishes to purchase a stove on credit from Makro (for example). The cash price of the stove is R5000. However, Makro says that if you wish to purchase it on credit, there will be a certain percentage interest rate. Hence purchasing it on credit will cost R5800 over 20 months at R290 per month. Makro says that the installment will NOT fluctuate during the months. Every month it will certainly remain at R290 till it's fully paid. When he purchased it, he ignored completely what they had to say about the 'interest rate', and his intention was that they are merely changing the price of the stove and just making more profit on him since he's buying it on credit. Is he guilty of ribaa in the above mentioned case?

Q: We have been told that if a person somehow gets ribaa money in his possession, he may get rid of it by giving it out in charity without the intention of receiving any reward. My question is: When giving this haraam money out in charity, is it permitted for him to hope for reward due to the fact that he is cleansing his wealth from haraam ribaa money, and not due to the fact that he's giving charity?

Q: I want to pursue general insurance course and work in Muslim countries like Saudi Arab, Dubai, Oman, Kuwait. Is it Halal to pursue and work in insurance co, in Muslims countries? I don't pursue Life insurance because I know it is haraam. I want to know about general insurance because there is many insurance companies in Arab countries owned and operating by Arab Muslims. If it is haraam then how is it allowed in Arab countries?