Business and Dealings

Registering a company name

Q: Please inform me whether registering a company name is permissible. Once registered, nobody has the right to use this name except myself. Also, what is the ruling regarding registering a product name under my name? After this, nobody can name their product with this name except myself.

Insurance related queries

Q: Is the following permissable :

Life Insurance - That you have taken out

Life Insurance - The company you work for has taken out a policy for you

Pension Fund -  That you have taken out

Pension Fund -  The company you work for has taken out a policy for you

Medical Aid -  That you have taken out

Medical Aid -  The company you work for has taken out a policy for you

Manager of a shop buying from his children

Q: If a person that does buying for a shop (he is not the owner) he guides his children buy this and this for the shop and you add some profit for yourselves and then I will buy it from you for the shop (the children use their own money and then sell it to the shop and they increase the price to make a profit). And if it was not for the children he would have bought it straight from the supplier and no extra money need be paid. Is it permissible for the children to sell to the shop in this manner?

Father buying from son who is a rep

Q: My father is the buyer in the shop  

3 reps come:

Rep A offers R 2.00

Rep B offers R3.00

Rep C offers R3.50

Can my father accepts rep A offer although it is his son. In the shop my parents told me 90- 98 % of the time they do not send people to go and buy. They get their goods from reps who deliver. So by selling to them I am the cheapest rep (where I buy from is cheaper, they know of this place, but they do not buy in that manner 90-98% of the time). So now what I am doing is it permissible?

Charging to do an EFT for someone

Q: A friend of mine needed an eft into his account for a million rand to avoid bank charges and he would give me cash. I told him it is going to cost me couple of calls and petrol and I would charge him 5000 rand for my troubles. Is the 5000 rand halaal for me. If not then in future how do I structure these kind of deals?