Business and Dealings

Investing in the stock market

Q: Please advise if investing in shares in publicly listed companies which sell the following is permissible or not: 

1. A Distribution/Retail business whose main business is pertaining to selling foods, cosmetics, appliances, bakery, butchery (haraam meat also sold) sells alcohol also. 

2. A mining, telecommunications or property holding companies that has conventional bank loans and fixed deposits that earn interest?

Giving a bribe if one cannot receive his right

Q: I need to know about bribe as I have heard that the giver and taker, both are sinners. But now the situation is that I cannot book my visa appointment without paying the bribe. 

I have tried every possible way to book an appointment but could not get any booking. Also I have written an email to governing bodies but there is no response on it. Should I pay the bribe and ask Allah for forgiveness, or should I leave it as is?

Working for a company that requires one to have meetings via video call and have an employee ID with an image

Q: If one works for a company in which one has meetings via video call, is this job still halaal and is the income earned still halaal? 

And if the company you are employed for at sometimes advertisers using photography on their company website or requires you to have an employee ID with your image on it, will the income be halaal?

Taking an interest free loan from the government

Q: The government I live in help the citizens with a payment of the house or flat when you are moving and give you a support/loan. The loan is interest free the first 5 years so you don’t have to pay the interest and their intention is to help out the citizens because it’s in the law. You can make a plan with them that they take every month from my student allowance until the loan is paid and it will be interest free. Can I take this loan or is it haram?

Working in a grocery store that sells haraam meat and alcohol

Q: Is it permissible for me to work in a grocery store? I will need to stock up shelves with pig and haraam meat and also halaal products such as bread, fruit and clothes. I will need to stand at the till and scan the goods for the customers (cashier). It is approximately 90% halaal goods, but goods such as cigarettes, haraam meat and alcohol are also sold. Can I work in this place?

Trading gold on the forex stock market

Q: I want to know if trading gold on the forex stock market is allowed? 

From my understanding... You are buying shares of gold that is in a gold bullion (equivalent to a shop). Gold prices fluctuate so you can either buy or sell gold daily... This gives u a profit/loss and you get your money daily. To know whether gold price is going to go up or down, careful market analysis is done daily to see where the support and resistance levels on the chart are. (So it's not really a guess or gamble if you read the charts according to what you learnt). The only time the market is unpredictable is when news events are on. Then the gold price does not follow the analysis (as business is unpredictable as well). 

I've heard that in order for it to be halaal, a physical exchange has to be done. But with today's technology, no physical exchanges actually do happen. Everything gets done digitally. 

So if physical exchange is a must, then are ALL investments haraam? Like the cattle investment, cattle feeding scheme investment, property investment and shares in big companies? Please advise

Doctor charging patients for a sick note if they are not sick

Q: In a GP practice, patients come often for a sick note without being actually sick. Most will say they are tired and need a day or two off. Some practitioners charge for a sick note as a business transaction. 

Is it permissible to rather consult the patient and do a general check up (blood pressure and sugar) and give multi vitamins and then give the note or is it not permissible at all?