Business and Dealings

Boycotting and marching

Q: In light of the recent war in Palestine and killing of our brothers and sisters in this land. There has been wide spread support for the cause of the
Palestinian people from both Muslim and non-Muslims. Can mufti elaborate more on the actions of protest (marching) and boycotting of particular retail outlets? The question relates directly to these 2 points, marching and boycotting , as a Muslim should we be supporting and joining these forms of support?

Home Financing

Q: I have a question regarding Guidance Residentials (Islamic Home Financing) is it Halal in Islam? Mentioned below is their method. Co- partnership. On $100,000 investment Customer will put between 5 to 30 percent down depends on credit. Suppose monthly payments is $600. $400 belongs to them as a rent of the house $200 deduct from actual amount for first month. Second month will be $399 rent and $201 will be deduct from actual amount. As this method goes till end of the last payment. Kindly advise what will be the shar'ee law that apply on that. There website is Guidenceresidentials.com for more information. Hope to hear from you soon.

Working for a bank

Q:

1. Is it permissible for a person to do a job in a bank when he can not get any other job?

2. Is it permissible for a person to take a loan from a bank (for home) or to start his own bussiness?

Paying back more than the loaned amount

Q: My dad took the money from my uncle and said I will give you the profit as I have to invest it in my business. The profit was fixed either the business goes in profit or loss. Unfortunately there was a loss and my dad could not give back the money as it was agreed. Now I am earning and paying back the money loaned to my father by my uncle. I want to ask do I need to pay back the profit to my uncle as well or I just have to give him back the actual amount took by my father? (e.g my father took 5 lacs and the profit was 1 lac) Do I need to give back 6 lacs or only 5 lacs? Please help me out.

Buying a salon

Q: I’m considering buying a salon and I have a few questions to ask:

1. I know that it is haraam for males to cut females’ hair, so I won’t allow that. Would it be permissible if I let females cut females’ hair?

2. I will only be the owner of the salon and I will not be working there. If haraam services are carried out (e.g. shaping eyebrows, etc.), will I be sinful?