Trade

Carrying out a credit transaction without the presence of witnesses

Q: I am in business of steel and rubber trade in which I used to give material on credit without any witnesses. Recently I heard a speech of a scholar that Allah will not hear your prayers if you had given credit without any witness.

Is there any remedy to my situation and also does the material on credit and money givien on credit come under the same ruling?

Buying stock from a Muslim who sells lotto tickets

Q: A Muslim shop owner buys stock i.e. cigarettes, cold drink, etc. from another Muslim but the person they are buying stock from is selling lotto tickets or gambling vouchers. The Muslim shop owner wants to know if they buy stock from the other Muslim owner that sells gambling vouchers or lotto tickets, would the stock they buy, as well as the income be halaal or haraam?

Selling a property and holding back the property while receiving the rentals until full payment is made

Q: Please advise on the following:

I have a share in a property I'd like to sell privately. The buyer wants a few months to pay.

Can we do the sale as a cash sale rather than credit, and I allow him time to pay, but till he pays the entire amount I hold the ownership of the property and receive the rentals. When the final amount has been paid in full, the property transfers into the buyers ownership and he receives rental.

In essence, for safety reasons and to receive the rental in the interim, will this be permissible, rather than doing a credit transaction where the ownership would transfer immediately and I would have a doubt regarding payment later.

Buying properties in the metaverse

Q: A new virtual world like the real world has been created and I think it's called metaverse. On the virtual earth, we are allowed to buy properties and plots of lands or famous landmarks around the world. We can even buy Makkah and Madina. Thus we will be the owner of those places in the virtual world. You can sell it later at higher prices.

Are we allowed to do such purchase properties that are virtual, non-tangible with real money?

Purchasing a plot for development where the exact location of the plot is not demarcated

Q: Can a plot be purchased in a newly developing area where the exact physical location of the plot cannot be determined? They showed the plot on a map and the roads, other plots adjacent to the said plot, roads and park etc. in proximity to the said plot. They showed us that the area of the said plot and told us that your plot cannot be located now as the demarcation of the plots is not yet done. Is this sale and purchase valid?

Dropshipping

Q: Is drop shipping halaal? I intend to sell clothes online via a supplier. The stock resides with the supplier. I will link my online clothing store with the supplier. The client chooses from my brochure and makes payment, then the item will be shipped via courier to the client. Is this permissible?