Q: My question is related to earnings from YouTube. YouTube was blocked in Pakistan because of blesphmous content now it is unblocked after launch of local version of YouTube. Now if any anti Islamic video uploaded on it will be removed on demand by government of Pakistan. So suppose if YouTube remove this video but we are not sure wether it's still available to view in other countries... Keeping in my mind these things. Earning money from YouTube is allowed or not?
Q: The question is regarding online stock trading. To understand below are the few details:
CNC (Cash and Carry): Delivery trade using CNC with no leverage. Once bought, shares will get delivered to your demat account and if sold, shares will get debited from your demat account.
MIS (Margin Intraday Square off): Intraday trade using MIS for additional leverage between 9:15 AM and 3:20 PM. All open MIS positions get squared off at 3:20 PM.
The Question is regarding CNC and MIS. MIS is Haraam as the stocks will be squared off by the broker if not sold on the same day.
Regarding CNC I want to make it clear. When we buy the stocks via CNC The stocks will be confirmed like a bill generation and we get the right to sell it in the next minute and also if we want we can keep the stock for selling it later. Please let me know, whether we can do this delivery based trading or not? the complete rights are given to sell to buyer.
Q: A certain man, who is known for corruption and dishonesty, has a shop. Can I buy anything from his shop?
Q: I'd like to know if a bank provides a service to purchase things on instalments of 6 months for example at a 0% mark up but charges a small fee for it, would that be considered as interest? Is it halal to avail this offer? Here's what they say:
Instalment Plan
Shariah Compliant
No processing fee
Payback in easy instalments
No extra charges
How it works? Select the product, choose the plan of your choice - 3, 6, 9 and 12 monthly instalment plans available. Apply online.
Q: I do forex trade in Islamic account which is swap free and I don't take any leverage. For example if I deposit 10000 rupees in my account I will buy dollars from these rupees and will sell them when the price of the dollar increases. Is this profit permissible for me?
Q: A certain wholesaler buys a product for R10. He retails it for R12.50 and wholesales it for R11. Now, since there is a shortage in the supply of the product, he wants to raise his wholesale price to R11.50. Is this permissible?
Q: Kindly tell me what is the Islamic ruling on network marketing (MLM)?
Q: Someone was debating with me a while ago and said “ why do you Moulana’s etc drive cars because the place where you purchase the vehicle from - e.g. Toyota - are in backdraft of over millions, owing other companies money, etc. Will it be haraam to purchase this car.
They also gave the example that why do we buy from checkers etc, if we know that the money they are buying their goods with is Haraam.
What is the answer to these two questions?
Q: I am a pharmacist who owns a retail pharmacy and would like to know the shariah ruling on stocking and selling the following types of medication:
1. Tablets and capsules containing porcine and non-certified bovine gelatin.
2. A number of medicines which contain alcohol as a major part of ingredients and many which contain alcohol as a preservative.
3. Medicines which contain ingredients which people can become addicted to e.g. codeine-based products like pain killers, etc.
4. The permissibility of transacting with patients on medical aid.
5. The sale of contraceptive pills and morning after pills to prevent conception.
Q: Is it permissible to sell a product at a profit of 100%? For example, the product costs R50 and I sell it for R100. Is this permissible?