Business and Dealings

Q: Is it halal to buy shares in company like Apple and google?

Q: I currently live in a hostel. I talked to another hostel owner to book a room. He kept a room for me for over 4 days and he denied other people who wanted that room. Now in the morning, the current hostel warden showed me another room with fewer charges and I decided to stay in the current hostel and not to shift. Now, if I stay, did I go against my word (wada khilafi)? I am feeling extremely guilty and I am starting to worry about my beliefs because of the backing out. Can I just say sorry and give some fine?

Q: I am working in a company who has a price listed for items. I am in the sales department. Is it halal for me to buy products at a listed price from my own company and sell these products in the market at profit by not affecting the company's clients or sales volumes? Is getting profit for me in this way halal or not?

Q: Some stores give a card to frequent customers. They give items to card holders for lower prices than other people, and when the items are purchased, they get points which can be used in future to buy things for free from them. Is this allowed?

Q: I have opened an account in a bank and it offers a free ATM card. One of the features is that if you keep Rs. 25000 in your account then whenever the amount falls below 25k, a certain amount gets deducted on each transaction u make in that month in which the total balance was below 25k. Is it permissible to use such a bank account ?

It is not a saving account but free services like ATM, bankers cheque, sms banking are provided if a certain amount i.e. Rs. 25000.

Q: Many businesses today engage in something called “round tripping”. What they do is purchase goods, thereafter they mark the goods for export and claim the vat back, while the actual goods are not exported but are instead sold locally.

From my understanding, in the process, there are lies spoken (lying to suppliers by saying that the goods are going over the border), bribes are given (a payment is made to border officials and revenue officials to stamp documents and release payments from the revenue services) and corruption is taking place. Is this practice allowed in Islam and is it permissible for us to purchase from these businesses?

Q: Is it permissible to study criminal law and become an advocate or prosecutor?

Q: Is it permissible to pursue a career as a state prosecutor?

Q: Six brothers are in partnership in a portfolio of various properties. One of the brothers would like to exit. He would exit by taking his equal share in the form of properties. This would incur capital tax gain payments to the tax authorities and transfer and stamp duty payments. From a Shar’ee point of view, who would be liable for capital tax payments and transfer and stamp duty costs? Would it be the buyer (the brother exiting) or the sellers (the remaining five brothers)?

Q: My husband is working in a private Afghan company that stores oil for America. Sometimes the Americans ask my husband for some goods like paint, furniture or other things. My husband asks the price from the shopkeeper and buys the goods then gives the goods with an increased price to the Americans.

For example, the furniture price is 300 dollars and my husband gives the price as 500 dollars, even the Americans know the real price but they accept the price that my husband gives.

I told my husband that this money is haram but he says that I am not their employee, I work for another company. They ask me to buy goods for them and I give them a quotation then they buy it. This is business. I don't directly tell them that I increased the price but they know. They accept it because they trust me and they need one person to do their work for them since they can't directly buy those things. I spend my time and effort for them in getting those things so the money is not haram. Kindly tell me whether the money my husband charges them is haram or halal.