Trade

Q: I am seeking guidance regarding a matter related halaal and haraam. 

I live in the United Arab Emirates, and we are not very well off, we struggle at times to buy things apart from the necessities. 

There are two fintech companies TABBY AND TAMARA. 

Tabby was shariah compliant initially when they started, splitting each bill into 4 installments and so was tamara. Tamara is still 4 installments. But tabby has now introduced installments in 6 months, 8 months and also 12 months and when they started here, there was a fatwa on their website too, they don't say that it is interest, there's an extra amount that they charge which they call processing/service fee, I want to know is that interest? I have multiple payments spilt across because I did not know it and just realised it, also because initially there were fatwa on the tabby website. For tamara, there is also a fatwa and they have mentioned names of scholars who have given fatwas 

All of the shariah resolutions are attached on their website too, so I want to know if what they calling the 'Processing fee' is not interest and allowed for me to use as it is really helpful, and if it is not, then I have multiple payments spread across both companies and I am not in a position to pay it all off as we struggle big time financially. As someone striving to act in accordance with the teachings of Islam, I want to ensure that my actions are pleasing to Allah Ta'ala. 

Q: Many people are buying gold but keeping it at the company they buy it from and when the rate increases they pay a commission and then sell it. Is this halaal because even though you have your name written on the gold it isn't in your custody.

Q: I have noticed that my father has been selling filter/rolling paper (rizla) in bulk such as in large boxes to possible retail customers. I would just like to know whether it is permissible to sell such an item given the nature of its use?

Q: I would like to know what is the masaail concerning fake goods. As a retailer stocking original goods (which does come with its price tag) finds others selling fake goods matching the originals at a much lower rate. Is it permissible to stock these goods? 

And what is the masaail concerning a person purchasing fake goods because the price is right.

Q: What is the ruling regarding online trading - day trader. He trades with various things like gold, currencies and oil.

Q: Recently we see maktab jalsahs being held and you have to purchase a ticket to attend. Is this allowed? 

Before we use to go to jalsahs without having to buy a ticket. Tickets are sold for R50. 

If the maktab can't afford an elaborate jalsah, why have it elaborate or if its difficult then should they have a jalsah?

Q: There is car company and they are selling their cars in the following manner: 

I pay a certain amount of the total and they give me the car but they don't transfer the car to my name. Then, after I pay the 9 installments, the car will come into my name. In the meanwhile, they ask me to take an insurance policy for 9 months to cover me from all risks in case something happens to the car. Is this type of deal correct?

Q: I would like to know if buying a box with the contents being unknown permissible or not. Example there are 5 closed boxes you cannot open before buying but the estimated value is R100 each. It can be worth more, it can be less. If the estimated value is R100 and it's on an auction platform, the bid can land upto R800 example or can cost you R100. 

Is this permissible to buy? 

Please note that each box will have something and none will be empty but it can be something with very low value.