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agent

Wakeel (representative) taking the extra item in the sale

Submitted by user2 on Thu, 2018-02-08 06:32

Q: If a person asks me to buy something from a certain shop for him and that shop is running a 'buy one, get one free' special, then can I take the free item or do I have to give it to the person who appointed me to purchase it for him?

Category: 
Business and Dealings
Wakeel

Agent taking a commission

Submitted by user2 on Mon, 2018-01-01 07:11

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? 

Category: 
Business and Dealings
Wakeel

Charging a sponsorship fee to a foreigner

Submitted by user2 on Thu, 2017-11-30 07:37

Q: I am working as a business sgent in UAE. As per law of UAE, any non-national investor must do a business agreement with a UAE nationality holder to set up any personal business in the UAE. For this business agreement, the UAE nationality holder charges an amount to the non-national investor and that amount is known as the sponsorship fee. As a business consultant, I settle the business agreement between the foreign investor and UAE national. For doing this service, the UAE nationality holder gives me a commission from his sponsor fee. Please advise me if this commission is halal or haram according to the ruling of Islam.

Category: 
Business and Dealings
Trade
Sources of Income

Not revealing one's suppliers to others

Submitted by user2 on Mon, 2017-10-30 07:24

Q: I am a work from home Muslimah and have a very small business. I have a few other ladies selling for me. My profit per item is half or sometimes less then half of what I pay per item. (To be honest I make R10 profit per item) so the person selling can also add a small profit or I pay them a certain percentage on sales made. Some people selling for me asked me where they can buy this items to sell for themselves. Is it wrong of me not to tell them cause knowing and believing that Allah Ta'ala gives rizik? I also feel burdened not telling them.

Category: 
Business and Dealings
Various masaail of Business and Dealings

Being an agent for a company whose dealings are unclear

Submitted by user2 on Mon, 2017-10-30 06:23

Q: Zaid has invested Bakr’s money in one ABC Group of Companies. ABC Group has given Zaid commission on Bakr's investment. ABC Group has provided Zaid with the title of Sales and Marketing agent where his work is to just convince & collect investment from people for ABC Group. ABC Group does not pay any salary to Zaid but pays commission on the amount of investment collected per month from people. ABC Group has appointed thousands of Sales and Marketing agents/executives like Zaid to collect investment. These Agents have no record or idea of amount of investment being dumped in ABC Group. On contrary if any agent questions this to ABC Group he is terminated from his position. Their work is to spread the word given by ABC Group without questioning on public or private forum. ABC Group has formed no. of different Companies under its umbrella and shows some physical assets & its operation to agents and investors. But when we check the Audit report & Balance sheet of these companies from related Government Department we clearly find that paid up capital is almost nothing against the amount being collected. We find that profit & loss statements are false & not even equal 1% of profit what is actually being distributed to investors. Zaid & Bakr have no clarification for this.

Further to convince and attract more and more investors ABC group is occasionally inviting such non-Muslims film actors and actress who are famous for their vulgarity in Movies and TV Serials. Agents and investors both know it very well.

Question:

1. The commission amount what Zaid & other agents/executive gets from ABC Group is Halaal or Haram?

2. The profit amount what investors are getting from ABC Group is Halaal or Haraam?

Category: 
Business and Dealings
Investments and shares

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