Business and Dealings

Online trading

Q: Regarding online trading, be it a commodity or currency, it is been said that it's not permissible based on both exchanges being deferred and if 1 exchange is deferred and the other is not then is it permissible? 

Can you explain further what is meant by deferred exchanges?

Working hours left up to the discretion of the employer

Q: Alhamdulillah, I have a job offer, but I am not sure if it is Islamic. 

The working hours are 48 hours per week. I queried as to how many hours per day, I was told it is a 6 day a week job with the amount of hours per day, the timings and the number of shifts per day left up to the discretion of the employer. 

My question is, is this arrangement permissible in Islam? Is it permissible for me to take up this job offer?

Permissibility of "Buy 1 Get 1 Free" deals

Q: I wanted to know the Share'ee ruling on "Buy 1 Get 1 Free" deals that many merchants offer in their stores. 

For example, buy 1 case of water, get 1 free. Or buy 1 cellular line and get 1 free. These are offers that are conditional on a purchase of 1 item at least. They're usually incentives to get the customer to buy them for various reasons (they want to remove the item from their shelves, or it's a sales/marketing strategy, or simply a competitive deal in a free market). Is such a deal permissible for the buyer, or is this considered riba? 

Another type of deal that's similar is buying a certain quantity to get a better deal than buying 1. For example, 1kg of tomatoes is RS 50 but 2 KG is 40 (a savings of RS 10). Is such a deal permissible for the buyer?

Trading gold on the forex market

Q: I have recently heard of a new venture many of our Muslims are going into, it is the trading of gold on the forex market. I wanted to find out if it is permissible and if so then how, as no physical exchange of ownership takes place, and also if you own an item although it can depreciate in value it won't cease to exist as is what happens on this gold market.

Employer not compensating staff for extra time

Q: I work as a manager for a Muslim man who at times stretches the time of his employees if it gets busy or is attending to personal work. He does not compensate them for extra time, and when the topic is brought up, he angrily dismisses it and says, "You are just standing doing nothing, so it’s not work." But I feel as long as they are in the shop, they are working, as they are not free to do as they like. What should I do ?