Business and Dealings

Q:

1. Are all forms of insurance haraam in the west? If a person doesn’t have car insurance in a western country and they have an accident, they have to pay $10,000 to cover the costs of not only their own vehicle but the other vehicle if it is their fault? Where can a Muslim who doesn’t have insurance, get all that money from?

2. Is medical/dental insurance haraam in the west? There are Muslims in the west that live with their elderly parents and they always have to go to hospital and if they didn’t have medical insurance, they would have to pay so much thousands of dollars of money that they simply wouldn’t have it. Where would they go to get their medical treatment. Would they do nothing?

3. Many people say that when you earn money in the west and go to banks to withdraw that money, that money is interest money which the bank runs on so you can’t do anything?

Q: I gave a loan of 200 dollars to my friend a few years ago. I had these dollars from my aunt who gave them to me to deposit in my bank account. Now my friend is returning the amount to me but there is an issue, at that time it was equal to 105 Pakistani rupees per dollar... now it is 141 Pakistani rupees per dollar. 

At what rate should he return this amount to me? If I take it at 141 rupees, he will have to pay extra (from 105/$ to 141/$) to make it equal to 200 dollars and if I take money it at the rate of 105 per dollar I will get a lesser amount. Kindly guide me what to do.

Q: I want to ask if it is allowed to sell and purchase plot files? The housing society is still underdevelopment and possession of plots is not given to file holders.

(The file is a document issued by a housing scheme developer, against which one can claim a piece of land/plot once development is done, and possession started by the developer)

Q: I am a student and I want to make a career in graphic designing. Is it permissable? I have searched it on the internet and some say that it is haram to draw any living thing and some are saying that you are drawing without the intention of being equal to Allah. Some are saying it is not a real image, it is just a graphic in the form of rays on your screen. I am extremely confused.

Q: I had an accident and in a claim I received some money from the insurance company of the other party and there is some amount of injury as well but I didn't get any injury.

I just wanted to now whether I can use that money or not. If no, can I give that to anyone who is in need and not eligible for sadaqa?

Q: Is it a sin if a Muslim gives a bottle of wine as a gift to a non-Muslim?

Q: Is it permissible to sell products that have animate objects on it? Are animate objects without eyes any different from animate objects with eyes?

Q:

1. If someone trading in jewellary, takes gold from someone as an investment into his business, does he have to return it in the form of gold or he has the option to return it as either gold or cash?

2. What if the initial deal was to return in the form of gold?

3. The price of gold has tremendously increased and he will return a huge amount (the gold he took as an investment does not exist anymore), so he either will pay the investors cash or gold, is this extra amount interest?

4. The investors gave him gold with a condition of getting a monthly profit, but in fact they were getting a monthly fixed amount regardless of the profit or loss. Is this fixed monthly payment interest?

5. Is it fine to take the orders to make jewellery and take some cash initially and at the time of delivery receive the rest or the whole deal should take place in one session?

6. What if the customer does not pay at the time he receives the jewellery and pays later, is it permissible?

Q: If I borrow Rs 10 lac from someone and return the same amount after 10 years, the value of the money will not be same and interest is haraam so what should we do to keep the value of the money?

Q: A family buy a property. In this property, some of the same family members, who bought the property, reside and some do not.

Because some family members are taking benefit from this house and some are not, do those who are taking benefit have to pay rent to those who are not? If those who are residing in the property have to pay rent, how will the rent be calculated?