Business and Dealings

Q: An electrician once came to my home and left his cutter. Now, I don’t have any chance of meeting him. Can I use the cutter myself?

Q: Is it permissible in Islam to take out a loan for my business. I want to take out a commercial loan from the bank for my business. Can I take out the loan?

Q: I like to buy a persian cat and use it as a pet. In future if it may give birth to babies, can I sell the cat for money?

Q: My question is about bank loans. What does Islam say about taking a loan when the bank describes the mark up at 19%?

Q: I want to open a business with boating, roller coaster rides, and other similar facilities. Can I provide such entertainment to people for a fee?

Q: Is trading halal? Like the website I am using is IQ Option. Where you bet the price on 4th decimal of the rate.

Q: I have a shop in which I sell different types of toys. Some of these toys are action figures e.g. a famous wrestler, soccer player, movie character, etc. Is this permissible in Islam?

Q: One of my friends wants to open a store with me in a partnership. We will share the profits equally by each of us receiving 50%. However, my main store will supply stock for this store at a small profit to me only (to cover transport costs, wages for my workers who will be loading, offloading, marking, etc.). What is the Shar’ee perspective regarding this arrangement?

Q: Kindly tell me if insurance is permissble in Islaam.

Q: I am in the business of buying and selling car mags. A few months back, I sold a set of rims to someone for R1800. A couple of months later, I got a call from the same person asking if I want to buy these same rims back because he had no use for them. I made him an offer of R1200 and purchased them back. Is this considered as riba or is it permissible?