Business and Dealings

Organo gold

Q: Is it haraam to earn an income from organo gold? It works a lot like blessings/rewards for say teaching quraan and that knowledge being passed on and you getting rewards for that from Allah. In addition to your normal profit of buying and selling, you will get a commission from the company when you bring people on to your team and tutor them and you keep working together and then they brings others and they tutor and work together, the people do not loose money to you for this tutoring and help but the company pays you a commission for this continuous advertising and tutoring you do for others and then they do for others and so on, to keep promoting their company. Is this a haraam income?

Opening a beauty parlour

Q: I am a Muslim woman and I wanted to know that is it a gunnah to open up a beauty parlour and I will do all the jobs like plucking eyebrows of Muslim and non Muslim women and waxing and many more. I am a single parent for my child and I wanted to earn money, because of this I wanted to open a parlour.

Investing in a bank

Q:

1. My question is, is investing in a commercial bank shares allowed? Halaal or haraam?

2. If someone gets dividends from investment on Banks share, can he/she make Sadqaa of this amount or can spend any charity work?

3. If someone thinks before investment in bank shares if he gets profit or dividend he/she will spend all the money for Sadqaa or any charity work. Is this situation is allowable / legal Islamic point of view?

Interest bearing loan

Q: I attend pharmacy school in the United States. It's my first year and as you might know I had to take out a loan because of the tuition. The tuition is extremely high so for the loan I had to take it out on a interest rate. I have taken out 2 loans so far both on interest. I am not doing well in my classes and I am on the verge of failing and getting kicked out. I have been fed up with this and I think it's because my tuition involves interest that's why. I want to leave but I do not know what I would after leaving this school and my parents don't understand; they want me stay here but inside I do not want to. What should I do? Please give me advice.