Business and Dealings

Giving a bribe

9 years ago By admin

Q: I am a rep for a medicine company. We have to visit doctors to promote our medicines. The doctors are not receptive towards us until we give them a bribe. In this case, will it be permissible for us to give a bribe?

Bribery

9 years ago By user2

Q: My question is a regarding business.

I have a store and sometimes I get some guys to buy from me goods for their organisation. (I have no idea who they are funded by). They will only bring to me business if I give them commision. So what I do is if I am selling something for 5000, I quote them 5500. After quote is accepted they give me 5500 and from there I will give them 500 as commision. I want to know is this a halal method? If not can you explain to me in detail a halal way so that we can carry on with business in our shariah way and follow the sunnats of our Prophet Muhammad (Sallallahu Alaihi Wasallam).

Avoiding interest when purchasing a house

9 years ago By user2

Q: I am planning on buying a new house that costs $250,000. However, I do not have enough money to pay the full amount up front and I do not want to pay interest on the house. The deal I have worked out with the company selling the house is that I will pay $300,000 for the house but I will not pay any interest. Meaning, I will pay $2,000 every month for 150 months for a total of $300,000. This way the company will make some money on the house and I will not pay any interest.

Is this a permissible deal for me to make?

Paying back more than the loaned amount

9 years ago By user2

Q: Say, suppose, I had borrowed some money from a certain person (not specific) about few years back. When I return the money to him, do I return the exact amount or should I include some extra amount accounting for the inflation that would have occurred during the years. Would including the extra amount mean I am giving interest and would it be a haram?

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