Making the mudhaarib (working partner) liable for losses
Q: Is it permissible to make it a condition in a mudhaarabah that the mudhaarib (working partner) will also be liable for losses?
Business and Dealings
Working as an administrator in a resort which serves alcohol
Q: Is it permissible to work in a resort as an administrator, which has a swimming pool and alcohol is served.
Using interest money to pay for surgery
Q: Can someone who is sick and needs money for surgery take interest money credited in his account by the bank for such purposes?
The ruling regarding opening a bank account
Q: What is the ruling regarding opening a bank account?
Early settlement discount
Q: Please advise if the following type of transactions are valid, not valid or improper:
A business has an agreement with a supplier to pay after 30 days from date of delivery with a limit of R50 000.00.
1. The business puts a condition on all purchase orders, that should the supplier request an earlier payment, it will incur a early settlement discount of x% on a daily basis.
2. At times the business goes over the limit of R50 000.00 , hence early payment now becomes binding in order for the supplier to deliver further orders, can the business in this situation claim the x% early settlement discounts.
Buying and selling shares
Q: Is buying and selling of halaal shares on the same day permissible in Islam?
Husband earning through working in an insurance company
Q: My problem is that my husband, though a very kind and gentleman, earns through insurance and mutual funds. I tried to convince him many times but he seems to be unmoved. I pray for him a lot but nothing seems to work. I am totally dependent on him financially. What should I do?
Paying back a portion of one's salary for late minutes or days absent
Q: Is it necessary for an Aapa or Moulana receiving a salary, to pay back proportionately to the Maktab or Madrasah the amount of late minutes or days absent?
Registering a property on someone else’s name
Q: My in laws fell into financial difficulty and registered their house on my name. I did not pay the monthly bond instalments. These were made by my sister in law. My mother in law has decided to give the house to my sister in law once the bond is paid and the debts are settled. What is the Shar’ee ruling in this regard? Can the property be gifted to her while it is in my name?
Gift received from a bank manager
Q: If a bank manager gifted me a bottle of attar (perfume), is it permissible to use the attar? I love using attar, please guide me. If not, then what do I do with the attar bottle?