business

Q: I'm going to be as precise as possible. We are all humans, but I'm a Muslim too. From childhood I may have taken/borrowed someone's money and never returned it back. Like I ask Mom to give me 100 I'll pay u back, but I don't, or I go to a store and the bill is 12 rupees and I pay 10, I say I'll pay u 2 more next time but then I don't coz I literally forget. I mean I even stole money from my mom n dad a few times, it caused fights but I never got caught. But now as I know that I'm mature enough and I repent what I did intentionally or unintentionally I want to pay back every single person I stole money from or borrowed it or just forgot to pay back. The problem is I have 0 to no clue that how much money I actually owe and to whom. Please help me. I give donations and stuff in the name of Allah but I still fear I might still owe people. I'm fully aware that my sharing this question with you is making you a witness of my sins but please don't judge, I'm only trying to seek help and Allah's Forgiveness. What should I do?

Q: What do you think about binary options eg like expert option or iq option. Are they halal or haram? 

Q: I have a job offer from an American Corporation (group of companies) which mainly deals with oil, gas and petroleum industry around the world (about 95% of its business is with this sector). This company has many subdivisions. My work will be in a sub division of the company that only deals with oil, gas and petroleum equipment and customers in the middle east only. But I also came to know that one of the subdivisions of this company in USA/UK makes equipment for naval forces of western military. This business would be not more than 3-4 % of their total earnings. I will not be working in this division at all! Is it okay to accept the offer with the oil, gas and petroleum division and work for this company.

Q:

1. What is the ruling on the income generated by working for a newspaper. The newspapers contain pictures, news which have the elements of backbiting, blaming, etc. Can we eat from the homes of these newspaper owners or their employees? They are close relatives and it will be difficult not to eat/drink while visiting them?

2. How about eating at the homes of bank emoloyees in the similar situation of being close relatives? Would the sin be greater if we eat there than eating in  the newspaper employees?

Q: What is the ruling on selling expired goods at a Muslim owned store? Customers are not told that the goods are expired and when they had expired.

Q: While I was studying at university (in the UK) I regrettably took out a student loan due to my lack of deen at the time, now I have come to realise that this was totally impermissible and wish to make amends.

According to the terms of the loan, I do not need to repay the loan if I earn below £17,775 per annum. The loan will be written off if I do not earn above this threshold after 25 years. I can repay the loan (plus interest) and make taubah but I feel very uncomfortable with this. My other option, which I am fully prepared to undergo, is that I continue to earn below the threshold for the next 25 years. I want to know:

1. Whether it is permissible to deliberately earn less in order to avoid paying any interest?

2. Whether I should repay the loan (through voluntary payments) but not the interest?

3. Whether I should simply repay every thing and just make taubah thereafter?

Q: I am an accounting student and have little concern with regards to the system we make our payments and possibility of any interest involved in the payments. Our payments include the examination fee payed few days before the examination session and an annual subscription fee to remain an active student.

Firstly, the examination payments can be made in three periods. The earliest the payment made, the lowest would be the payment. However, sometimes due to late examination decisions the early payment period passes by and we have to make standard payment that is higher than early payment. Is the difference between the early and standard fee considered as interest? I have heard that all penalties arising due to late payment are haram and therefore the higher amount payed as a result of not being able to pay in the early period for some reason a kind of penalty. It is also possible that the extra amount is to encourage most students to make payment as early as possible.

Second, I have heard that the annual subscription payed every year to remain an active student involves interest. Is that true? This would be a lifetime payment even after I qualify to remain an active member. Does it involve any kind of interest or penalty?

Q: I am a mother of a 1 year old child. I want to do "educational insurance policy" for my son. Is subject policy allowed in Islam?

Q: I want to know about insurance. I live in Europe and majority of Muslims have life insurance. For example, if they die then the company will pay to transfer the body to their country. Is this a sin?