Business and Dealings

Q: Zaid buys a car with khiyaarus shart. Can he sell it off within the 3 day period, make his profit, and then pay the due amount to the seller?

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

Q: Is it permissible to buy a product from someone if we know that he bought that product by means of an interest based loan?

Now he has finished all installments and possesses the product and is willing to sell it off..

Q: I bought an electronic item from a store and it was discussed that the amount would be 67000 INR even if I pay once or in 3 installments. On the bill it was mentioned that 22333x3 will be deducted from my card every month for 3 months and also it was mentioned as 65300 as principal and 1700 as interest. Is this allowed as the amount was fixed?

Later, I found out in the statement that around 100 rupees was charged extra and total amount which they took was 67100 INR.

Q: Please advise who is responsible in the following scenario:

Ahmad gave permission for Ilyaas (his employee) to purchase on his company's name from ABC stores. This carried on for a whole year where he would purchase on behalf of Ahmad's company and payment for the goods would be done 60 days later, as per agreement with ABC stores.

However, without ABC stores knowing, Ilyaas resigned from Ahmad's store. In that month after he resigned, he was still making purchases on Ahmad's name and when the time came for payment, Ahmad refuses to pay as the purchases made in that period were not authorised by him, nor was Ilyaas employed by him, nor did he receive any goods. Ilyaas no longer comes to ABC stores and cannot be reached or found.

Who is liable for the goods in this situation?

Q: What is the ruling on a person if in past he has taken interest based loans to buy a home, plot or any electronics item and keep repenting.

Are those items lawful as he has bought from his own money?

Q: "I've been informed by my Muslim friend, an Israeli citizen, that according to the Mashaaikh in Palestine (Israel), participating in Clalit Health Services is considered permissible. Clalit is a health maintenance organization where members pay a fixed monthly fee for comprehensive healthcare coverage. Considering this structure, I seek further clarification and alignment with Islamic principles.

Additionally, is the model of Clalit Health Services similar to that of medical aid commonly seen in other places, or are there significant differences that I should be aware of? I kindly request insights on this matter, and if further research is necessary for accurate understanding, it would be appreciated if you could provide guidance on the key aspects to explore."

Q: Is it permissible to buy a house from An Nahl. If the house is 600 000 for example, they put up a mark up of 7 % if you pay within 10 months, a mark up of 10% if you pay within 24 months and so on and so forth. It's fixed profits. Please let me know if its permissible? 

Q: Is using paper currency In accordance with sharia and is it permissible?

Hence the world trade currency is not based of any tangible asset such as gold or silver.

The federal reserve prints USD without any backing then using it to provide loans to poor countries in exchange for services and goods. It also gives Central Banks control over the economy and have control on how much is printed to who it is distributed to and is unjustly distributed.

They also use banking methods such as Riba and fractional banking which is haraam and is the backbone of their financial system.