Business and Dealings

Bank competition

Q:

1. A conventional banking company runs a competition where a car can be won. Entry to the competition is free and open to customers and non-customers of the bank. The banking company itself will be the entity awarding the prize, not the car company, nor any other entity associated. Is entering such a competition permissible?

2. Similarly, a bank is offering branded pencils, pens, rulers, key rings, notebooks, etc. as gifts to customers and non-customers for marketing purposes. Will this be permissible to accept and use?

Commission based bonus

Q: Luqmaan owns a business. Over and above the fixed salary which he pays each worker every month, he also gives his workers a percentage-based commission for the sales they do. This commission is a bonus over and above their set salary which is given to them as an incentive for working harder. Is this permissible?

Cheating in a sale

Q: My neighbour wanted to buy a cooking pot for R100. I told her not to buy it as I will get one for her for just R70. She agreed because she was saving R30 on the same pot. However, my intention was that I will buy the pot for just R55 and tell her that it cost R70. In this way, I will make R15 without telling her. Is this permissible?