Business and Dealings

Q: Is it permissible to take out life policies with the only intention that the payouts will be used to pay estate taxes?

Q: My son is a free Lance writer.He has an account on "up work". Clients contact him and give him a plot of novel or short story.He writes the novel or story for them.Then they publish it with their own name. These novels are usually based on fantasy and horror. I am not happy with this,but my son has bipolar disorder.He feels good and normal while writing. I want to ask you if I can use the money earned by him (by writing novels). Can I pay my electricity bill with this money. Sometimes he brings eatables for his younger brother or sisters, should I allow them to eat it.

Q: The question is regarding online stock trading. To understand below are the few details:

CNC (Cash and Carry): Delivery trade using CNC with no leverage. Once bought, shares will get delivered to your demat account and if sold, shares will get debited from your demat account.

MIS (Margin Intraday Square off): Intraday trade using MIS for additional leverage between 9:15 AM and 3:20 PM. All open MIS positions get squared off at 3:20 PM.

The Question is regarding CNC and MIS. MIS is Haraam as the stocks will be squared off by the broker if not sold on the same day.

Regarding CNC I want to make it clear. When we buy the stocks via CNC The stocks will be confirmed like a bill generation and we get the right to sell it in the next minute and also if we want we can keep the stock for selling it later. Please let me know, whether we can do this delivery based trading or not? the complete rights are given to sell to buyer.

Q: A certain man, who is known for corruption and dishonesty, has a shop. Can I buy anything from his shop?

Q: I want verification about the recent online gold investments (Dubai gold souk, golden premier club, etc.), where you invest a certain amount of money and wait for some weeks to get back your money with a fixed profit of like 100%/50%/150% etc. Is this ok in Islam or is it forbidden?

Q: Is it permissible to earn a living as a nasheed artist? One will get paid to sing at shows, etc.

Q: One Christian man invested in my business but unfortunately the business suffered a loss and I was in debt of 1 crore. This Christian man told me to give him interest every month and he put pressure on me and my family. What can I do according to shariah?

Q: I recently heard about Takaaful insurance and was interested in taking out a scheme to cover my home, business, cars, etc. Takaaful claims to be fully Shari’ah compliant, but when I went to the Takaaful website and saw the different schemes that they offer, I couldn’t see any difference with normal insurance. Also, when I dialed the number on their website, I reached a conventional insurance company who told me that Takaaful is part of them and operates under their license. Can you please explain to me whether Takaaful is permissible or not. Jazakallah.

Q: I am a woman who studied engineering and am now working from home for a network security company. For my work, I have to correspond with non-mahrams to give them updates. These chats are fully official and I try my best to keep them short and if possible, avoid them totally. I have to give an update to my boss everyday which requires, on average 5-7 texts every day, and sometimes, I need help from other co-workers so I communicate with them via chats without any video. Is my job permissible?

Q: I am jobless. My father wants to get me a job in a govt. institution by giving a bribe to someone and getting me in without any eligibily test. Is it halal for me to accept it? I am strongly against it as I think it will be haraam.