Business and Dealings

Losing investors money

Q: Eight years back my khala and four years back my mamu had given me money to invest in business. Three years back I got cheated by someone and I lost all money even my capital. I never told my relatives regarding these losses so far. They never asked me about account just casually they ask how business is running and I say its ok. Between these three years and before that I gave them money if they demanded. I have niyyyat and full faith in almighty Allah Ta'ala will help me. If I made profit I will try to pay them their principle amount and will add profit with it. So sir I am working on some project if almighty make it happen and Insha Allah I get money how to share profit beside principle capital with my relatives.

Investing with a Hindu

Q: I am investing Money with one of my Hindu friends. He always tells me that he is investing in chemical business and scrap business, because I have told him strictly that my religion don't allow me to earn haraam money? But he is always saying it is halaal income and I am investing it because I get good profit? I am just having faith in him that he is investing in halaal business. My question is 1. Should I invest money with him in future or not? 2. If in future if I get to know that all his money which I earn from him was haraam, what shall I do with that money? Will I will be punished for this from Allah Ta'ala? I make sure and ask him always to invest my money in halaal business and my friend also always tells my that he is investing it in halaal business.

Giving secular tuition and selling secular textbooks and notes

Q:

1. Is it correct to give tuition to students studying at secular universities? It would involve a male giving tuition to other males only.

2. Is it correct to sell the notes, past papers and textbooks etc. for certain subjects at secular universities?

3. Is it correct to sell the notes, past papers and textbooks etc. for certain subjects at secular correspondence universities (like Unisa)?

All three questions above relate to permissible subjects viz., mathematics, accounting and computer programming.

Changing one's dollars on the black market

Q: I am visiting Argentina for a month. I have come across that the Peso Dollar official rate and black market rate to be very different. The official rate is around 8 pesos while the black market rate is around 15 pesos. Is it permissible for me to change my dollars in the black market? Someone told me that it is not permissible because its a type of riba and cheating and going against the law of the country. Please advise.