Business and Dealings

Q: What exactly is the definition of interest or riba? Will the return on investment for a business be considered as interest? Tell me briefly about interest.

Q: I do forex trade in Islamic account which is swap free and I don't take any leverage. For example if I deposit 10000 rupees in my account I will buy dollars from these rupees and will sell them when the price of the dollar increases. Is this profit permissible for me?

Q: I used to work in a company in which we scam people, so is the money earned halal or haraam? Can I use that money for good deeds or for investing it in halal business? If not, what must be done with that money?

Q: I was recently given a 1/3 share in a business (i.e.without investing anything). However I am currently a working partner in the business. My question is

1. Am I intitled to a salary?

2. When the shares are distributed, do I recieve any?

3. If i am not intitled to a salary, what is the way foward with regards to me recieving extra due to being a working partner?

Q: Can you use interest money to offset bank charges?

Q: If prize bond is haram, can I purchase a car in a money draw money because some people said prize bond is interest?

Q: Many financial institutions nowadays have rewards programs where you earn points for every swipe that you do with the credit card. Some you need to pay a yearly fee to be part of the club others you don’t pay anything. Just by swiping you earn points. Is it permissible to use these points? 

Q: If I recieve a gift from a na mahram who is interested in me and the gift is perfume regarding which Nabi (sallallahu alaihi wasallam) said (mafhoom) should not be rejected, what should I do? If I accept it then it will give off that I am also interested which is not true so can I give it back?

Q: I work in a construction company and I’m responsible for selling the scrap from the workshop. However, when I sell the scrap for e.g. $2000, I keep $100 for myself and make an invoice for $1900 and submit it to the accounts department. Is this considered haraam?

Q: I stay in a rented apartment which has a common park and green area for its tenants. Is it permissible for me to grow some herbs, like coriander, in the common green area and use it for myself?