Business and Dealings

Q: Are we allowed to buy a house through Islamic Banking? Al Baraka Bank, Fnb Islamic Banking, etc.?

Q: I wanted to know about "push present" which is a gift from a husband to his wife for her giving birth of the child. It is usually called "push present" because the wife pushes the baby out. Is a push present allowed in Islam? The wife usually expects a gift from the husband because she has suffered nine months and labour as well. Is it ok for her to seek a gift from her husband?

Q: Please tell me about prize bonds if its halal or haram in Islam.

Q: Is it permissible to collect some money as a salary in advance from the bank that I operate with so that at the end of the month they will deduct the amount that I collected from them from my salary and some extra money as charge fee.

Q: Is it permissible to give away your child,s clothes or other things that were bought with the intention of it being for that child or bought with money gifted to the child? As I had learnt that you can't give it away unless you seek permission from the child once his of age of you replace it with monetary value.

Q: Could you please explain to me what is interest, riba and usury. If one has the talent to do a halal business (by Allah) and no money, and other has money but he can't do business, the one who is giving the money to the first person for the business and asking him to give a profit of 50% and at last he should return his money. Does this come under interest/riba/usuary. If yes then how should the business situation be dealt with. What does one do if one did that, and falled in a loss.

Q: I have a doubt, are Muslims allowed to work in a bank.

Q:

1. Is it permissible to use interest earned on a bank account to donate to charity?

2. If so, can you then invest the interest earned into a separate bank account so as to let it accumulate so an even bigger amount can be donated in charity?

3. If not, what are some of the many ways in which one can dispose of interest received?

Q: We chose a cow for qurbaani. The seller is charging other customers R38 per kg. When he sent the bill to us, it was R41.50 per kg. My husband queried it and the seller responded that he has his own system of working out the cost which he does not have to explain, and we can cancel the purchase if it is not suitable to us. Is it permissible for him to conduct business in this way?

Q: Is taking a loan a sin and if it is a sin then what is the punishment if the loan is taken?