Selling items at a large profit
Q: Is it permissible in Islam to sell items at a large markup? Is there a limit as to how much profit we can make?
Q: Is it permissible in Islam to sell items at a large markup? Is there a limit as to how much profit we can make?
Q: We had a sale agreement for our property five years ago with a person for 8 million rupees. He paid 2 million rupees in advance, and he promised that he will settle the balance of 6 million rupees after 6 months and complete the registration. However, he was unable to arrange the remaining amount of 6 million rupees. Now we are planning to sell the property to some other person. Therefore, I need to return the 2 million rupees to the person, but since it's been 5 years, he is now demanding more money instead of 2 million rupees. Do we need to pay the extra money?
Q: We have an arrangement with our supplier to pay his account, 2.5% discount on the 30th following the month of our purchases. Is this shariah compliant? If not, please explain in detail how we can rectify this arrangement so that we still enjoy the benefit of the discount.
Q: I am doing business online. I sell portraits and paintings, etc. I also sell hand painted hijaabs and sharee gowns. I like to wear beautiful clothes at home. From here I feel a hijaabi sister can wear attractive clothing when they are at home in front of maharams.
1. Am I in a trap of shaitan if I think this way?
2. Can I sell these clothes to non hijaabi sisters?
3. Is it permissible to do this type of business?
4. I know that niqaab is a permissible dress code in islam, but there are many controversies about hijaab. Can I sell hijaab?
Q: In a business dealing, person A purchases a product online from person B and sells it to Person C without seeing the item. Is it permissible?
So instead of person B sending the item to person A, he will send it straight to Person C. It is 2 different transactions as person A will pay person B for the item and will sell it for a different price to person C.
So is it allowed for person A to get the item sent straight to person C or should he receive it himself then send it.
Q:
1. Is selling cosmetics which are used for make-up halaal?
2. Is it permissible to invest in such a business by buying shares/stocks?
Q: There are many patients who suffer from insomnia. They need sleeping pills to get sleep. Is it allowed to sell sleeping pills via an online pharmacy?
Q: Is it permissible to buy a bank repossessed car from a company that deals with those kind of cars before the cars go to the auctions. They are sold at a much cheaper price.
Q: I'd like to find out a masla regarding an item which was bought via WhatsApp.
A brother posted a picture of a blender in a such a packaging that it could not be seen that it's fake. It stated no guarantee nor warranty. Once the product was delivered, we found out that the blender was not original but rather a copy of the original. The advert did not state that its original neither fàke. I'd like to know if I'm obliged to take it and pay him or can I refuse him.
Q: Is selling mosquito coil halal? It may contain few harmful ingredients for human body or maybe not.