Trade

Q: Where I work, we offer the 2.5% settlement discount for all customers if they pay their account within 30 days. This is a practice followed by the business over 30 years and all major customers take this if the ones that pay by the 7th of the following month. we allow this although it is not within the period. is this 2.5% also not allowed. Also, with our holding company (foreign based), we get a 3% discount if we pay the invoices within 14 days from when goods are invoiced. if we pay after 14 days, we cannot take the discount and our credit terms intra group is 60 days. Please let us know whether the practices are allowed as I am in charge of the payments.

Q: A seller charged me £1 for an item. The next day I purchased the same thing but this time he charged me £2, citing that he made an error the previous day. Do I owe him £1?

Q: My husband's grandmother's only source of income is earned from selling movies and videos. Will it be permissible to eat at her house? Her income is not from a halaal source and not eating there will break family ties. Please advise.

Q: I would like to know if there is any ruling regarding a Muslim breeding and selling snakes and spiders. It it allowed in Islam?

Q: If any shopkeeper is taking extra charges i,e commission on the price written on company product. i.e If the rate of product is 20rs written by the company and he is receiving 30rs. Is he doing Haraam or Halaal?

Q: I am in retail and many suppliers state their terms similar or as follows: COD 10% 30 Days 7% 60 Days - No discount This is the general practise amongst most wholesalers and it is clear when an account is being opened. If there is a change we are informed well in advance. I sometimes take the full 60 days without a discount but on occasions where my cash flow is better, I do take advantage of their different settlement discounts. Is this permissible?

Q: Is it permissible to charge the customer a handling charge when he returns an item?

Q: Will it be permissible for one to make an agreement with the supplier, at the onset before purchasing, that for example, the terms will be 30 days with a discount of 5%? There are a few suppliers with whom we have an agreement such as the one described above and we keep to the arranged terms. However, the time period and discount differs from supplier to supplier. If this is not permissible, then what is the solution to rectify the situation?

Q: I run a supermarket. Can I come up with offers that target Hindu clientele e.g. Diwali 20 percent off or Raksha Bandan offers? As a Muslim, can I use Hindu big days to come up with offers for Hindu clientele?

Q: My question is regarding haraam income. My uncle used to run a sharab shop (bar) but now he is no more. He had taken a loan and there was no one to return the loan so my dad took the responsibility to return the loan but my dad got involved in the sharab shop (bar) and started to return the loan. The entire loan is returned but my dad is still working in the sharab shop (bar). Please suggest me what I am do. He provides haram income to my family members, friends, relative and also myself.