Trade

Selling wigs

Q: Is it allowed to sell human hair as wigs as well as plastic hair as wigs which is sold in cosmetic shops. I understand that there is some fatwa regarding it but to my understanding the Hadith states that we cannot sell it or wear it. Please clarify the matter.

Round Tripping

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?

Reselling an item at a higher price

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. 

Charging the customer a penalty on late payment

Q: What can a company do to customers who default in their credit payments?

1. Can a company charge them a penalty for exceeding their credit term? If not, what are the Shar’ee alternatives?

2. Sometimes, customers who exceed credit terms request proofs of deliveries again, although an invoice was sent to them with the delivery. Can a company charge them for this, just as Fnb and any other bank charges for producing a statement over 3 months old?