company

Investing in a company that is partnered with a company that deals in haraam

Q: I had a question regarding finance in islam, specifically investing in cryptocurrencies. I understand that it is only halal to invest in companies that do not deal with any haram acts such as interest or alcohol. However, I was curious to know, if company A, for example, is completely halal in its goals but is partnered with company B that is not halal such as a banking company, is it still halal to invest in company A?

I had a friend call a local sheikh who stated that it is halal to invest in company A since the goal of the company itself, for example to build an education platform, is completely halal even though company A is partnered with company B that is not halal. I just wanted to verify this information with another sheikh to put my mind at peace since I do still have some small amount of doubt. 

Working for a company that accepts the bank's interest

Q: I have a question regarding my job. I work in a technical firm as an engineer and my company pays me a monthly salary. My company take projects from clients and after completion of projects the client pays money to company, company puts that money in the bank and then our salary comes. Although i am not sure that either company takes interest from the bank or not, but i know that in my country Pakistan, every other company does that so there is a very high possibility that my company also takes interest from bank. So now our salary comes from (Client's money + Bank interest). So what is the Islamic ruling on this issue.

Working for a company that sells stationery and liquor

Q: I currently work for a company that retails and distributes stationery and office products. The company has recently applied for a liquor license at their main distribution, which if granted will allow companies to purchase their alcohol and have it delivered with stationery needs. It is estimated that the sales of liquor will make up less than 1% of total sales. I joined the company a few months ago and would like to know if it is prohibited for me to work for them if the license is granted and sales are so small in comparison to other products?

Earning through designing websites

Q: I am a web designer, I have been asked by a client to make a website for them. This website offers memberships or rewards programme as they call it. You pay a monthly fee and they reward you with certain perks every month, e.g. R199.00 a month You get R200.00 Cell C Airtime, 100 MB Vodacom Data, Grocery coupons, Food coupons, Clothing Coupons, Funeral cover, Lawyer Assistance, etc.

Can I create this website for them?

Agent taking a commission

Q: My company arranges business agreements between two parties. According to the business agreement, the first party pays money to our company for the second party that gives service to the first party. Our company acts as a business agent and takes commission from the money given to us as fees for the second party without telling the first party but with the permission of the second party who already worked with us.

Also, we take another fee from the first party while telling them that it is our service fee for arranging the business agreement with the second party and it is a clear dealing.

My question is about the commission that we take from the second party fees without notifying the first party (payee) is halal or not? Because this commission is the main source of income for my company. If this commission is not permissible then the salary I take from the company is halal or not? 

Selling one's share in a company

Q: I have paid 50% money for owning a business firm and the owner put a condition that I must pay the balance 50% within 6 months’ time and I have to give the money from foreign country where he is working. I can run/own the business only after paying the full amount. After 5 months, I asked my friend to join the partnership with this business by paying the balance of the money from a foreign country and he is ready to join also. However currently the value of this business is increased during this 6 months duration. So, can I reduce his partnership percentage to 30% as per current value of business firm and actually he paid 50% of the total value (It means he has to pay more money than actual value that I brought as per current market price). Is it become permissible as per Islamic rule?