Business and Dealings

Q: Is Retirement Funds /Provident Funds etc.for Islamic Institutions towards Imams/Islamic Teachers/Muezzins/Apas permissible In Islam. Not forgetting elements of interest or their funding partners whether Halaal.

Q: I would like to know if there is any ruling regarding a Muslim breeding and selling snakes and spiders. It it allowed in Islam?

Q: If any shopkeeper is taking extra charges i,e commission on the price written on company product. i.e If the rate of product is 20rs written by the company and he is receiving 30rs. Is he doing Haraam or Halaal?

Q: We know that there are businesses in South Africa which claim to send goods cross border but don't send it for profit gain. These goods are kept in SA and sold locally and the VAT or duties are claimed. Is this jaaiz?

Q: I am in retail and many suppliers state their terms similar or as follows: COD 10% 30 Days 7% 60 Days - No discount This is the general practise amongst most wholesalers and it is clear when an account is being opened. If there is a change we are informed well in advance. I sometimes take the full 60 days without a discount but on occasions where my cash flow is better, I do take advantage of their different settlement discounts. Is this permissible?

Q: I am in confusion. I am worried that this confusion does not lead me to the wrong path. I have got job in takaaful insurance company named as jubilee insurance company in Pakistan. I have watched a lot of videos about Takaaful insurance and have read a lot of literature regarding this case. Many Aalims said that it is halaal in Islam but I could not find any satisfactory answer.

1. Is working in a takaaful insurance company Haraam or Halaal?

2. If I spread this takaful business, then is it good for Muslim Society?

Q: Can interest money be used to pay for lawyers fees and government fines?

Q: Is it permissible to charge the customer a handling charge when he returns an item?

Q: Will it be permissible for one to make an agreement with the supplier, at the onset before purchasing, that for example, the terms will be 30 days with a discount of 5%? There are a few suppliers with whom we have an agreement such as the one described above and we keep to the arranged terms. However, the time period and discount differs from supplier to supplier. If this is not permissible, then what is the solution to rectify the situation?

Q: Is investing in Heera Gold company halaal or haraam. The company says that it is halaal because it trades in gold, textiles and other products and does not deal in riba. If we invest about one laakh rupees we would get approx 3000 rupees per month and we can take our amount of one lakh when we want. It says that there is 60 -40 partnership and we are also entitled to loss. There is lots of people who invest in this company thinking it's halaal so could you please research on this company and give fatwa on weather it's halaal or haraam?