Business and Dealings

Retirement plan

Q: When I started working, I took out an educational plan for my children. However, they misinterpreted my plan for a retirement plan. Am I allowed to use the money from this retirement plan even though the intention was for an educational plan?

Interest bearing transaction

Q: I have an idea to build a website that has the following process:

1. The people invest in my website

2. I Invest this money on other things

3. I have profit with this money

4. I give the money back to him/her For Example: Someone invest $10 in my website, then I re-invest this money on other websites. I have $25 in revenues, then I give to him/her $11 back. The main goal is that I want the people invest in my website, then they will have a secure profit, for example for each $10 they invest i will give to him/her $1 profit. The problem is that I don't know if that is haram because the interest or if it is, please give me a way to make it halaal.

Drop shipping

Q: Is drop shipping permissible in shariah? i.e. a person advertising an item, taking payment for it from a customer, and then informing the supplier to deliver the item directly to the customer?

Agreeing to the rules of a contract

Q: I signed a contract for work. I didn't want to, but I didn't want to have any problems because I want to work this halaal job. At the bottom, it states, "I acknowledge receipt of this summary and the attached contract of employment. I accept the terms of my contract of employment. I have also received and read a copy of the Employee Handbook and I accept the rules, policies and procedures set in it." I signed it and the Employee Handbook is exhaustive to read (I did read it) and I am having problems with my conscience because I take my word seriously and I want to know that if I failed in some of the rules is this taken as me "lying" or what does it mean? Or does it just mean that I am liable for my failures?

Working as a facility manager for a bank

Q: My son applied for a job as a facility manager in a habiba bank London where we live. He had an interview and now he has been offered a job. He did ask them about income. They said its not related to any finance department. His job will be working under someone else as a facility supervisor, building and outside jobs. He told me that he will not be working directly in finance. My concern is should he accept the job?