Valid & Invalid transactions

Future trading

Q: I want to ask if futures trading is halal in Commodity Market. In my country Pakistan, this is allowed. Also, to make it clear this kind of trading has no interest (riba) associated to it. Its a contract to buy the commodity in future by depositing an initial deposit. Please advice. I am a sunni Hanfi.

Adding the condition "goods belong to the seller until paid for" in a sale

Q: Please advise on below:

1. Many companies state at the bottom of their invoice "goods remain the property of the above company until fully paid for" What is the status of the goods?

2. Is it amaanat or does ownership pass on to the purchaser? Is such a condition permissible?

3. Will the sale be faasid if such a condition is added?

Using Google TEZ to make money

Q: Google recently launched an application named TEZ where transactions can be done between banks to banks. Google TEZ also provides some great offers such as scratch cards, and other offers when we use that app or refer friends to this application. We can be able to earn some money through referals and transactions. Can I participate in this referal programs and transactions so that I can earn some money through that (intention is to earn money) . Is this money halal or haram? I have done transactions only because of getting money or gift cards or scratch cards which contains some money, for this I transfer some money to my friends account and he returns the same money after getting those gifts, is this criteria halal or not?

Subjecting one transaction upon another

Q: My friend is planning to buy a petrol station. However, he requires R3 million and he only has R2 million with him. He asked me to help him by giving him R1 million so that the petrol station can be registered under his ownership. Thereafter, we will follow the conditions below:

Condition 1: He will give me full access to run the business for 3 years and all expenses and profits will accrue to me. He will have no share or involvement in the business for 3 years.

Condition 2: I have to give him a monthly rent (as per the current market in that location) for running the business on his property.

Condition 3: After 3 years, he will return the R1 million which I had given to him at the beginning. He says that this money will be considered as a security deposit and any damage or loss occurred during these 3 years will be deducted from it. Is this deal halaal or haraam?

Seller changing his price for different customers

Q: We chose a cow for qurbaani. The seller is charging other customers R38 per kg. When he sent the bill to us, it was R41.50 per kg. My husband queried it and the seller responded that he has his own system of working out the cost which he does not have to explain, and we can cancel the purchase if it is not suitable to us. Is it permissible for him to conduct business in this way?