Business and Dealings

Q: Is Forex trading halaal?

Q:

1. Is it a valid transaction when a company pays money to buy electricity from different countries?

2. Is it a halal job - ensuring that people get proper line of electricity and maintenance of electrical plants so that electricity connection remains proper?

Q: Please can you clarify the issue of gifts in the format of property.

A man in my city has divided 3 flats in the name of 6 children in his lifetime but the flats are in the name of 2 children۔ In addition, he still extracts rent from each flat. These 'gifts' are meant to be taken upon his death until which he continues to take until his demise. (ie avoiding laws of inheritance completely). 

He has 4 daughters and 2 sons. Is this jaiz? He is a nice man, but unfortunately this decision is more like a contractual gift, which may make him questionable on Judgement Day.

Kindly advise what is the truth. This conditional mentality regarding wealth pervades in certain communities here.

Q: Can interest money be given to a domestic worker to be used for building her house with no intention of it being a gift?

Q: Is opening a medical store business halaal in Islam?

Q: I am working in a company where we have a provident fund facility. I wanted to take some amount from my PF Account. In case of temporary withdrawal, the company will charge a certain % as loss of interest. Can I borrow this amount from my PF account? The purpose of borrowing is making investing in some areas.

Secondly, the company always gives interest on our PF balance on annual basis so would it be jaiz for us since this activity of fund and participating in fund is mandatory. The decision of investing PF fund is also with trustees of fund and not with us.

Q: I am a homoeopathic doctor and am planning to start my practice insha-Allah. However, I was reading something about Reiki and read that it is not allowed due to having shirk elements.

Now I have started wondering if homoeopathy has any haraam aspect of shirk. I haven’t come across any one who can do research and tell me. Homoeopathy has a concept of vital force in the body which is an energy. And the medicine has energy which acts on that force is the theory. I am fully of the idea that shifa comes from Allah alone. I want to help people and do my bit in helping others. Homoeopathy medicine works very well and I have experienced it for the last 6 years. However, I just want to know if it is allowed to practice it.

Q: Is it permissible to make and sell artwork?

Q: Is it correct to say that it is sunnah to ask for a discount?

Q: I work at the airport at a car rental. Now if a customer comes and wants to pay in Euros but we accept only Dinars, to make his work easy I take the Euros from him at the current exchange rate at the airport knowing that the exchange rate will be better outside in the city. So I accept those Euros and use my Dinars to give to the company and later take those Euros and exchange it in the market at a better rate for myself or sometimes I wait for an even better rate. Is this money halaal?