Trade

Q: I have a commodity whose price is Rs1000. When I sell for cash, I sell it for Rs1000 but when I sell it for credit, I sell it for Rs1500. Is this allowed in Islam?

Q: Kindly tell me what is the ruling for buying a new car on installment because in this case we have to pay extra money. Is this extra money considered as interest? And is it allowed to buy a car on installments?

Q: For rotating money in the business, one person will be collecting a fixed amount from the 10 persons for the 11 months (including himself). Each month he will gather the entire amount and for the first month he will take the entire amount himself. For the remaining months, whoevers turn its is will take whole collected amount and the first person will take a small amount of commission (fixed amount) as the maintenance charge of this system. Is this system allowed in Islam? Is the commission amount interest?

Q: My mother bought a property with a share from her brother the price of the property has doubled and now I want to sell the property. Should I give him the same amount of money he invested at the time or do I give him profit because the price of the house has doubled?

Q: Is it permissable to sell Hooka tabacco?

Q: My husband has a bussiness of packaging machineries. They have various kinds of packaging machineries. Recently they had a deal with the tobacco industry who produces tambakoo (which contains nicotine), he has sold a machinery which is for multipurpose to a tobacco industry. I want to know if this halal or not?

Q: I am interested in online forex trading of currencies. Is it permissible to trade in forex or not?

Q: Is it jaaiz to sell haraam chocolate in a grocery shop?

Q: I have a business where I sell shoes. Yesterday, I found out that the inner lining of some of the shoes which I am selling is made from pigskin. Is it permissible for me to sell these shoes?

Q: I have pirated software installed on my laptop and mobile and now I plan to delete it. Do I have to pay for the earlier use of the software?