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?
Q: I sell branded sneakers, bags, wallets, etc. I recently found out that Nike is haraam to wear. I did research on Versace as well and I found that it is also named after a Greek God. How do I determine which branded items are fine to sell and which are haraam?
Q: Generally, in certain property or livestock investments, they have a reserve which they keep for expenses and unexpected circumstances. In other words, they don’t distribute this money to the shareholders as dividends. Is this permissible?
Q: Is it permissible to make it a condition in a mudhaarabah that the mudhaarib (working partner) will also be liable for losses?
Q: Is it permissible to work in a resort as an administrator, which has a swimming pool and alcohol is served.
Q: Can someone who is sick and needs money for surgery take interest money credited in his account by the bank for such purposes?
Q: What is the ruling regarding opening a bank account?
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.
Q: Is buying and selling of halaal shares on the same day permissible in Islam?
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?