Business and Dealings

Q: I have a credit card which gives upto 3% cash back on all purchases. Is it permissible to use the credit card and benefit from the cash back?

Q: I live in a non-muslim country and I am paying loans with interest. I came by an article where you can invest money and get double or triple profit after two or three months. As per the article the investment goes in real estate transactions. Is such investment permissible? If the profit is considered as riba can such money be used to repay my loan which am already paying with interest?

Q: I work for a chartered accounting company in British Columbia, Canada. There are various departments in our company and they provide accounting services to various companies. I work as a data entry person who enters data (information about people and their addresses) and I work in the lottery department. Our company does not deal with lottery selling, we just deal with the accounting and tallying and hand over the information to the foundation or clients. My job only entails office duties and entering data which prepares the lottery for the clients. Is this job permissible for me?

Q: Can a person give his property as rent to a kaafir for their parlour where they keep the dead kuffar and prepare them for burial?

Q: I received a wooden wall hanging/frame as a gift from a non muslim. Since it had pictures of horses (animals), i never hanged it any where in my home, rather i just put it in a closed cupboard. can you kindly explain to me whether it is acceptable in Islamic sense for me to give this wooden frame as a gift to a non muslim friend, rather than myself just holding on to it.

Q: Can you inform me whether it is forbidden in Islam for Muslims to work in insurance companies?

Q: A loan of 100 000 was given to someone. Sometime thereafter, the government devalued the currency by 50%. What amount should the debtor repay?

Q: Is selling small TV screens and DVD players for cars allowed or not?

Q: I am selling few car stereo items like small screen tv and dvd's online. These products are not in my possesstion. When they sell I buy and ship to customer. Is this act of selling car stereo products shariah compliant?

Q: 

1. Zaid invested R300 000 in Khalid’s small business called “Quality Peanuts.” Zaid started working with Khalid and Zaid made a great effort to make the business a complete success. Zaid invented a new name and look for the product and called it “Super Peanuts” and did a lot of marketing which picked up the business to a great extent, after which the profits went on a major increase. Zaid told Khalid that he wants R3000 every month as a salary together with receiving his share of profits (if there did happen to be anything over and above R3000). Is this permissible?

2. The money which Zaid invested with Khalid was lent to Zaid by Ahmad. Now, when Ahmad saw how much money Zaid was making, Ahmad made a plan. Ahmad told Zaid that he wanted all his money back, so Zaid told Khalid that he wants his money back and that he was leaving the business. A deal was arranged where Khalid would pay Ahmad out slowly and Zaid left the business. Many months later, Zaid found out from different reliable sources that Ahmad told Khalid, “Don’t worry, it was just a plan. I am now taking Zaid’s place in this business. Keep the R300 000 and give me the profits every month.” For many months thereafter, Khalid collected the profits. To whom does the profit of all these months belong, Khalid or Zaid?

3. Zaid made it clear from the start and everyone agreed that “Super Peanuts” is his brand name and he owns it. Now, they are continuing to use his brand name and are denying that it is his brand name. Is this permissible?