Business and Dealings

Q: In the United Kingdom, the new £5 notes have become quite popular and are being sold because of serial numbers such as AK47 and AAA, etc. Is it permissible to sell these £5 notes for more than £5?

Q: We have a company and an employee went on vacation. Upon his Return, before coming back to the office, he met another employee who told Him that he has been fired. This was incorrect information and hence the Employee (who returned from vacation) didn't show up to the office yet. We are investigating this further to validate if the second employee did or did not pass on the false message of being fired. If this turns out to be true, what should be our action on it?

Q: I have a shop in Karachi. A friend of mine has opened a business in the shop. I did not agree to sharing the profit but agreed that he pays a nominal rent until the shop goes in profit. He is paying is this nominal rent. But he keeps saying that we should agree on some deal that relates to the profit in the business. A suggestion is that instead of 'ijareh I become a partner in business. Can I consider the shop as investment from my side equal to the market price of the shop? He also has invested in the shop. So is it jaíz if we make a deal that 60% of the total profit will be for his efforts paid to him and the remaining 40% will be divided based on the investment of each of us?

Q: I do freelance work in which I do data entry and academic writing like assignments and lab reports. Is this type of occupation halaal or not?

Q: Please may I enquire on whether it is permissible to finance one's vehicle by means of Islamic banking offered by FNB?

Q: My dad owes me some money, however he thinks that whatever money I give him, he doesn't have to pay me back. However I am the one that looks after his money fully. He keeps his savings with me also. Would it be permissible for me to take my money without telling him, he will not realise that I have taken my money as it is a very little amount. If I ask for my money back he may get upset and offended.

Q: A person gave me money in order to purchase some items for him from an online store. This online store has a 'Loyalty Programme' where one receives 'reward/loyalty' points in proportion to a fixed percentage of the total purchase price. I have now received these 'reward/loyalty points' in direct lieu of the purchase I made using his money. The 'reward/loyalty points' for this purchase amount to R450. These points are not exchangeable for cash. Furthermore, I only received these points after making payment; I could not use these points to receive a discount on his purchase. Since I used his money, am I entitled to these points? Or must I give him R450 in cash (as one cannot send/transfer points)?

Q: Is installment business halaal or haraam in Islam. Explaination: Company XYZ purchasing Product from Market in 1000 Rs. and Sell it on 2000 RS (double Rate) in 20 installments (100 Rs per day). One recory man is reserved for it for Recover Payment from Buyer Shops. (Recory man Salary is about 15000/month) But ON Cash Payment, Company Sale Same Product in (1500 RS). Is this type of business is halal or Haram in Islam.

Q: I am a graphic designer by profession. In my line of work, I have to prepare advertisements for my clients. The adverts have the pictures of the products which are on promotion. Invariably, some products that are advertised have pictures e.g. Milo – the picture of the tin has a picture of a youngster kicking a football. My clients will want the picture of the Milo tin on the advertising pamphlet. In the circumstances, will it be permissible for me to put the photographs of the products on the pamphlets which are solely used for advertising purposes?

Q: The gifts and money that people give in shadi belong to whom? The bride or her parents? Usually it is a practice in Pakistan that whatever money people give, they give it in the hands of the mother of bride, and she spends it on food and other expenses in shadi.