Business and Dealings

Q: A university requires some money for per-registering then it chooses the best among the candidates. Is it gambling? 

Q: If I venture into a capital investment partnership in which I will give the capital and my partner does the work. It will be specific to animals, my funds but animals will be at his farm, eat of his land and drink his water... But yes, any extra major expenses above this will be born from the capital amount which I give. Will this type of partnership be permissible if profits are split percentage wise?

Q: I am working in a general insurance company as a loss adjuster which means that I assess loss of vehicle at the time of claim. Is it halaal or haram for me to work in a general insurance? As per my opinion, I am not in direct sales but I am doing the work which removes gharar from it as I assess the loss and do not allow additions or reductions as per terms. Also, I heard that if a company is owned by a Hindu, we can work in that insurance company.

Q: There is a company named B4U Global which collects amounts from people and invests it in various fields like properties, marble, motorcycles, etc.

The company divides the 60% of profit to the investors on daily basis equally while keeps 40% for their own expenses.

If you refer someone to invest in this company then they give you a small percentage of a referal bonus and profit.

In Pakistan, the government has not authorized crypto currency so they do not invest in crypto currency here.

Saturdays and Sundays are off so profit is not given on these two days.

Please guide if it is right according to Islamic laws.

Q: We have a security company that provides alarm systems and guards to various businesses and private residence. We had a client who signed up with us to provide a guard during the day. This client subsequently changed his business from a soft drink outlet to an alcohol distribution outlet. Is it permissible to continue providing our services to this business.

Q: If I play in a gaming tournament and win, is the money halaal or haraam?

Q: Is it permissible to give money to someone in order to get something to which you are rightfully entitled to but can't get it due to all the corruption in the system? I have tried all the straight means but always hit a dead end.

Q: Is it permissible for women to travel for earning?

Q: Is the stock market halaal to invest in? i.e. there are companies whose products are good and halaal, but their financial reports show some small percentage of interest-income, or interest expense. 

Q: Is it permissible to buy an item from a kaafir who has not yet taken possession of the item? Further if a Muslim sells an item which he has not taken poseession of, will it be permissible?