Business and Dealings

Q: Over the past years, I have saved sufficient money that would allow me to purchase a small apartment. Whilst negotiating I noticed that the monthly levy that I will pay is used to cover the insurance of the apartment and cannot be removed.

1. Am I allowed to purchase this property and make the monthly levy payments?

2. If it is permissible for me to purchase, live in the apartment and make the levy payments, would I be allowed to make claims against the insurance for items covered by them like, burst geyser, etc.?

Q: Is it permissible to own a car dealership whereby you sell cars to customers borrowing money from the bank and are paying interest?

From my understanding, even to witness the transaction is a sin. In this case we may be encouraging it to make a sale and helping the customer get finance. Is the profit from the sale halaal?

In some instances the banks give the dealers a kickback for arranging the finance with them, would this money be halaal?

Q: A while back a friend invested in a car but got financially stuck and became maqrooz of many people. Another friend of his suggested to insure the car via Takaful and get the money through them.

So the process would go like this, for a while the car was insured and then after 3 or 4 months they faked an accident and lodged a claim. During this process they had to lie about the accident and where and how it took place. The insurance accepted the claim and gave them the sum of the car.

Now I want to know if this money is halal for them or not?

Q: In a business, regarding old and new stock. When new stock arrives sometimes there is an increase. What should a Muslim owner do: raise the price of all stock or just the new stock and give the customer the benefit?

Q: A new virtual world like the real world has been created and I think it's called metaverse. On the virtual earth, we are allowed to buy properties and plots of lands or famous landmarks around the world. We can even buy Makkah and Madina. Thus we will be the owner of those places in the virtual world. You can sell it later at higher prices.

Are we allowed to do such purchase properties that are virtual, non-tangible with real money?

Q: What is the condition of a business that remains open and trading at the time of Jummah. All Muslim staff leave for Salaah but the doors remain open.

Q: Can a plot be purchased in a newly developing area where the exact physical location of the plot cannot be determined? They showed the plot on a map and the roads, other plots adjacent to the said plot, roads and park etc. in proximity to the said plot. They showed us that the area of the said plot and told us that your plot cannot be located now as the demarcation of the plots is not yet done. Is this sale and purchase valid?

Q: My brother in law had a life insurance policy and has now passed away. The life insurance company has paid out the money. The heirs do not want it. Is it permissible for me to utilize the money for my own expenses?

Q: If a person is under employment (working for someone) and fuel allowance is also included in the contract (given in cash), however, if a month/week comes wherein the employee has enough fuel in the vehicle and therefore, for that particular month/week, he feels that he doesn’t need the fuel, should he still accept the cash or not, because it is in the contract? 

Q: What is the status of the kuffaar and the money they earn from riba? Is it halaal for them? Can we accept money for goods sold from this?