Interest based schemes
Q: Is any income earned by way of fixed deposit or any other interest based scheme offered by government permissible for a widow or someone disabled?
Q: Is any income earned by way of fixed deposit or any other interest based scheme offered by government permissible for a widow or someone disabled?
Q: I have an idea to build a website that has the following process:
1. The people invest in my website
2. I Invest this money on other things
3. I have profit with this money
4. I give the money back to him/her For Example: Someone invest $10 in my website, then I re-invest this money on other websites. I have $25 in revenues, then I give to him/her $11 back. The main goal is that I want the people invest in my website, then they will have a secure profit, for example for each $10 they invest i will give to him/her $1 profit. The problem is that I don't know if that is haram because the interest or if it is, please give me a way to make it halaal.
Q: I want to know if I can do some investments in mutual funds, LIC policies, fixed deposits to save income tax?
Q: My father joins a profit-sharing business which guarantee a monthly dividend between 15% to 30% for up to 1 year (with no guaranteed principle). My question is, is it permissible for me to market this profit-sharing business and make out a sideline business agreement out of it with my potential client? The agreement shall state that, I shall be the guarantor of the principle amount given for the purpose of the profit-sharing business. In return, the client shall pay me a 3% monthly dividend for the period of 1 year. In the event that the business collapses, I shall be liable to pay back the principle amount to my client.
Q: Mene mere dost ko invest karne ke liye kuch paise diye he. Usne sath milkar zameen kharidi he aur jab wo zameen bechta he to uske andar jo bhi profit hota he wo mere investment ke hisab se de deta he. To kya is tarah karna durust he?
Q: I was investing in haraam till now. Although I didn't know about it, I was again trapped by one of my friends and again invested in haraam for which I will get a good return.
1. One of my friends is in very much debt. Can I pay this money for his debt or 2. In my examination I have paid some money to my professor to help me get some answer in my paper through cheating. I have taken this money on credit and I know this is wrong and haraam. Can I pay this debt of mine through that haraam income?
3. If the above things are not allowed, tell me what should I do with this haraam money?