Investments and shares

Q: Please advise if the following form of investment is permissible.

We purchase a two bedroom apartment in a complex which belongs exclusively to us. Nine other people also purchase two bedroom apartments in the complex. All ten of us then enter into a partnership and agreement (with an agent handling the entire portfolio) that we will all hand over our apartments to the agent for rental. However, the proceeds at the end of the month will be shared equally in the partnership among all ten of us, irrespective of whose apartment was leased out more in that period.

Will such a partnership agreement be permissible and valid?

Q: Are we allowed to use FNB Islamic banking and Al Mabroor profit shares?

Q: I had 2 clients, client A, who wished to buy a property. The client had an agreement with the seller to purchase a property being sold for R900 000. Client A wanted to get bank finance for the shortfall on the purchase price. We advised against it. We spoke to client B, who had R100 000 to invest. We brought both the parties together. Client B agreed to buy 1/9 of the property. Within a month client B agreed to sell his share at R120 000, an agreed of repayment was made and met.

Is the transaction a valid shariah agreement.

Q: I have a furniture trading and manufacturing business. I want to take investment to grow my business. I am offering my prospects 30% to 36% (variable) early profit on their investment if they invest for a minimum 1 year.

Incase of any loss they will have to bear the loss as well. Is this shariah compliant and halaal?

Q: There are too many applications on the internet which ask us to invest in their business like they ask us to purchase their devices and they say they will launch these machines at different places and people will use them and we will share the profit with you. I invested 2000 and they give me daily earning of 200. Is it halaal?

Q: Is it permissible in Islam for a Muslim to trade/invest in stocks and earn an income from the profits every month? Will the earnings be Halaal?

Q: If you had given someone a sum of money to invest in a property but they are now constantly making excuses not to give the money or the profit to you (but you don't know their situation - maybe they are struggling) would that be considered as just a debt or stealing? Does it make their income haraam? For instance, if they are hosting a function, would it be permissible to attend and partake of the food?

Q: Is Islamic investment with Fnb halaal?

Q: I am not too convinced with the present day Islamic finance which is applied in the conventional banks as well as those with Muslim names.

Similar is the issue with stock markets. One point that I have totally failed to understand is the concept of permissibility in investing in those companies which deal in interest on condition their interest earnings/dealings is below 33%.

By me buying shares in a company, I become a co owner. So being a co owner in a company dealing in interest is permissible as long as it is registered as a public limited company.

But then why is interest not permissible for me as a sole trader. If I have a shop which I run by myself then why can't I take loans and invest in interest based instruments and make sure it doesn't exceed 33%.

I am genuinely confused and have failed to understand the rationale in this 33% concept. Buying shares in a public limited company is permissible even if it deals in interest as long as it is till 33%. But by myself i can't be a sole trader doing the same. Please explain to me as i am really confused.

Q: There is a company named B4U Global which collects amounts from people and invests it in various fields like properties, marble, motorcycles, etc.

The company divides the 60% of profit to the investors on daily basis equally while keeps 40% for their own expenses.

If you refer someone to invest in this company then they give you a small percentage of a referal bonus and profit.

In Pakistan, the government has not authorized crypto currency so they do not invest in crypto currency here.

Saturdays and Sundays are off so profit is not given on these two days.

Please guide if it is right according to Islamic laws.