Business and Dealings

Q: A vehicle was purchased on HP (hire to purchase). The bank still holds the log book. Is the purchaser considered to be the owner? Can he sell the vehicle?

Q: To qualify for CA (Chartered Accountant) in Bangladesh, one has to pass 17 papers and also complete 2 or 3 or 4 years of article ship (practical training). Now my friend has passed the CA exam by passing all the 17 papers by giving the exam in the most ethical manner as possible but he did a dummy article ship (forged article ship documents). 

Now he got a halal job because he is a qualified CA. Without doing the article ship, one cannot give the last level of CA exam (last three exams). Is his income halal as he forged the article ship document?

Q: Will it be permissible to take a loan from a person and in return, instead of giving them a profit share, could you give them an item of the stock that you will be purchasing with that same loan amount? 

Example, you loan R100 000 from a person to buy clothing stock. You agree to pay him on a certain date and then you give him a few items of that clothing.

Q: If I'm in charge of property and among about 50 shops I have to do renewal of leases. One shop is a gambling shop. Is it permissible for me to sign up or redraft a renewal lease?

Q: We have a credit card account with FNB which hasn't been paid for about 1 and a half years. Over the period that the account was not paid, interest was levied to the account. I'm not to sure of the exact amount of interest which was levied on the account, but I have requested the amount. I'm awaiting their response. 

The account is currently handled by the banks attorneys and they have recently emailed us stating that the bank is willing to give us a settlement discount of 40% if the account is paid by the 29th of this month (November). 

Will it be fine for us to accept the settlement discount and settle this account as we don't have the money to pay the entire balance on the account and ان شاء الله a few friends will be willing to help us pay the account if we can settle with the settlement discount amount. 

Q: Is it permissible for a laundromat to wash wedding gowns and formal suits?

Q: Is travel insurance permissible in Islam, if it is optional or required?

Q: A person I know does online booking reservation for hotels and rooms for accommodation for 5 star hotels. Some of the clients that approach him are confirmed unmarried adults who want to book rooms for zina purposes. When it is 90% sure that these are unmarried and are booking for unlawful things, if I book the hotel rooms through my website, will it be halaal income or haraam income?

Q: I live with my parents, and over the past few months, I've made some online purchases using my father's credit card (with his permission). Since there have been quite a few transactions, I’d like to repay him but it would take a bit of time to track every individual purchase. 

Is it permissible if I give my father an amount that is more than the total of my purchases, ensuring I cover the minimum amount I owe him? 

For example, if the purchases total $1000, I would return something like $1200 to cover any uncertainty.

Q: If I go to a shop and ask for a refund, if the shop doesn't give me the money back but rather allows me to take something to that value, is it permissible? Please explain.