Business and Dealings

Making changes to jewellery that one specified for one's minor children

Q: Person A intends to give some of her jewellery to her 6 year old minor. She then separates the jewellery that she wants to give to the child, from those she wants to keep for herself. 4 gold bangles with design, 1 was allocated to the minor. 4 gold bangles with design 2 was retained.

Person A would now like to make a small change whereby, the minor will have 2 bangles with design 1 and 2 bangles with design 2. Person A will have the other 2 of each design. Can this change be made? If there is a shortfall in value, Person A is happy to pay the minor the difference.

Scenario 2 Person B has 2 minor children, who are the offspring of 2 separate marriages. Person B has allocated some jewellery to the 2 minor daughters. Can any changes be made to this, as the children are still minors, and Person B was not fully aware of the rules of inheritance at the time of the allocation.

Taking a loan from a bank and getting an employee to write off the loan

Q: I know someone working at the Federal Bank. He says that he can help open my doors with a higher loan amount. Once he gives me the loan amount, the money can be paid by the insurance of the bank and I don't have to pay anything towards the loan. He is basically squashing my money so the insurance can pay the bank back. If this was the case, I could open up plenty musjids and pay for the poor with loan amounts from the bank and the insurance of the bank will just pay the banks back. There is a saying that  money is the root to all evil and alot of people are doing this. It sounds corrupt but I require a Mufti's advice.

Road Accident Fund

Q: This is a follow up question on the Road Accident Fund question:  

The court orders the RAF to pay interest (which is not interest according to Shari’ah) for late payment of the R100 000. Because the RAF paid 6 months later, the plaintiff received R100 000 from the RAF plus an additional amount (over and above the R100 000) for late payment as per court order.

This ‘extra interest amount’ (which is not interest money according to the Shari’ah) which is received from the Road Accident Fund, can it be classified as ta’zeer bil maal (monetary penalty)? If it is ta’zeer bil maal then is this extra amount permissible to use?

Playing sports for money

Q: I want to ask a few questions about gambling

1. If two teams play cricket for money and the one who loses the match will have to give money, is this permissible?

2. If two teams play cricket for money and the looser will have to give money and the winner uses this money for cricket material, this way both teams will get benefit. Is this permissible?

3. If two teams play cricket for money and the one who loses will have to give food/party to all the teams. Is this permissible?