Q: My question is,"I am a young person doing my job. I suffered from crises of income. My company's policy has been changed that each worker should have a smart phone to do whatsapp of any competeter activity in the market. While I don't have that phone and I don't have the payment power to purchase that cell phone on cash. So, I decided to purchase that on installment but some persons are making me tense that it is interest.(Sood). Please guide me is it sood?
Q: Mai ik electronics company mai as an internal auditor kaam krta hu mera sawal ap sy ye hy k jaha mai kaam krta hu yaha pr cash sale k sath sath installment pr bhi products sale ki jati hain. muhy ye puchna hy k installment ya lease pr products sale krna or esi jaga pr job krna shi hy ya haram hy?
Q: Mai ayk taajir hu. Hamare yaha mumbai mai bazaar mai jo dukaan wale hote hai agar unse koi cheez le aur fauran paise de de to alag rate hota hai aur agar udhari pe cheez le to alag rate hota hai. (masalan 1 furniture ki dukan mai se furrniture ke paise namad de diye to 1000 rupaye rate ,agar paise 2 hafte mai doge to 1500 rupaye rate). Kya aisa karna 1 taajir ke liye sahi hoga?
Q: I have a query regarding the payment options of my son’s school fees. Please advise whether the following option is permissible:
Pay in full by the first Friday of February and receive a 5% discount. This amounts to R12 350 for the year instead of R13 000 if I have to split the fee over each school term or per month. The various payment plans are as follows:
1. As detailed above with 5% discount = R12 350 per annum
2. An amount of R3250 per school term = R13 000 per annum
3. An amount of R1300 per month for 10 months (Jan-Oct) = R13 000 per annum
Q: Is installment business halaal or haraam in Islam. Explaination: Company XYZ purchasing Product from Market in 1000 Rs. and Sell it on 2000 RS (double Rate) in 20 installments (100 Rs per day). One recory man is reserved for it for Recover Payment from Buyer Shops. (Recory man Salary is about 15000/month) But ON Cash Payment, Company Sale Same Product in (1500 RS). Is this type of business is halal or Haram in Islam.
Q: Kya qiston (installments) par cheez bechna jaez hai? Dar aasal main aik mobile purchase kar ke installments par bechna chahta hun, to kya jo profit mjhe aye ga wo jaez hoga?
Q: The matter is that I have bought a bike. The original price of the bike is almost 40,000 rupees. But I have bought this bike on installments. So, I have paid 24,000 rupees in advance to owner of the shop and remaining 24,000 rupees I have to pay in installments of 8 months with monthly amount of installment is 3000. So, basic thing I want to ask Is this thing came into the radar of Interest according to teachings of Islam or not? I am looking forward for your detailed answer anxiously with complete proof according to teachings of Islam. I shall be very thankful to you.