Business and Dealings

Taking a loan from a bank

Q: There is a bank here which is offering me personal loan. I was not interested in taking that because it is haram as they will get more money in return of the money they gave me. However the bank showed me a stamp of their personal loan option from the sharia council. So can I rely on that stamp fully and avail this option. I do not know about the minor details like will they charge more if my instalment is delayed or etc but it has been approved by the sharia council so is it allowed in islam?

Concern for earning halaal

Q: I would like to know about halal and haram incomes. Alhumdulillah I have a full time job. I have undertaken a second job working in hospitals on a casual basis for the basis of saving for hajj, investing in a business and paying off my mortgage (riba based unfortunately). I have chosen to work on Male wards to avoid mixing. But there are some points I would like to clarify. I will be working on mental health wards as a nursing assistant which from time to time require restraint of patients.

1. If I am called to another ward in an emergency situation can I restrain the patient if the patient in this ward is a female?(Alhumdulillah this has not happened to date)

2. The training required to restrain patients is carried out in a mixed environment where physical contact with females for the purpose of practising restraining techniques is highly possible. Would I be able to do this training?

3. I make an effort to avoid serving haraam foods served in the hospital by explicitly stating religious reasons (Alhumdulillah, to this day I haven’t had to serve haraam food). But if no one else is around to carry out the duty I may have to serve the haraam food. Can I do this?

4. So far none of the instances have occurred in this job and the chances of the above points happening are very low (except for training which takes place once every year).

5. The income earned from this job, would it be halaal? To use for hajj or daily living or investing etc.. if any of the above points occurred.

6. Finally is this job suitable (halaal) based on the above information, if not what should I do with money earned so far.

Novated Lease

Q: I am writing to seek you advice in relation to procuring a motor vehicle using a leasing arrangement. Which (if any) of the following options are a halaal option of buying a motor vehicle through a salary packaging arrangement?

Novated Lease

Finance Lease

Hire Purchase 

Chattel Mortgage

In particular, I wish to know if Novated Leasing is Halal? While you may already be aware on how Novated leasing work, however I ahven taken the liberty of copying and pasting an explanation from the internet for your consideration (which is exactly how it works in my current place of employment);

Novated Lease Explained:

"A novated lease is a three-way agreement between an employer, employee and a financier whereby an employer leases a car on behalf of the employee. A car is leased in your name and running costs such as fuel, insurance and maintenance are all included in a single lease repayment, paid for using a combination of your pre and post-tax salary. This means you could reduce your taxable income and pay less tax"

If none of the above are halal, please advise of an alternate halaal finance option applicable in the West. I look forward to your guidance in this matter.

Claiming for more than the actual damage

Q: I have recently bought a house through Islamic Financing. The bathroom tiles fell down about a week after we moved into the house. The seller agreed to fix few thing before closing the deal but after closing the deal, the seller refuses to fix anything. I spoke to an attorney and the attorney tried to do a settlement with the seller but he ignored us. My attorney gave me an option to file a lawsuit against the seller. My question is, if I file a lawsuit and get a compensation more than the actual cost of the damages, will that be halaal for me to keep?

Doctor prescribing the morning after pill

Q: As a Muslim doctor working in the emergency department, I frequently come across women requesting the morning after pill. I refuse to prescribe the morning after pill on religious and moral grounds. In that case, another doctor prescribes it. The morning after pill prevents a fertilized egg from attaching to the uterus. It has the potential to become a human. Is it okay to prescribe it if it is based on need, weakness or illness?

Buying and selling shares

Q: Is it permissible to do share marketing. For example, I bought 100 shares of Reliance Communication for 35 Indian rupees per share. Suddenly the share value increased to 38 Indian rupees. So I sell the 100 shares on the same day and got a profit 300 Indian rupees. Is this halaal or not?