Business and Dealings

Q: Is it allowed to manufacture coffins as a business?

Q: I am not too convinced with the present day Islamic finance which is applied in the conventional banks as well as those with Muslim names.

Similar is the issue with stock markets. One point that I have totally failed to understand is the concept of permissibility in investing in those companies which deal in interest on condition their interest earnings/dealings is below 33%.

By me buying shares in a company, I become a co owner. So being a co owner in a company dealing in interest is permissible as long as it is registered as a public limited company.

But then why is interest not permissible for me as a sole trader. If I have a shop which I run by myself then why can't I take loans and invest in interest based instruments and make sure it doesn't exceed 33%.

I am genuinely confused and have failed to understand the rationale in this 33% concept. Buying shares in a public limited company is permissible even if it deals in interest as long as it is till 33%. But by myself i can't be a sole trader doing the same. Please explain to me as i am really confused.

Q: Is it permissible to purchase from a shop that is Christian, meaning that it is called Christian Arts and some items sold have biblical quotes. However some items have words like “Be Grateful” and are not biblical. Please advise.

Q: Is Dropshipping allowed in Islam?

Q: Is forex trading using an Islamic broker account permissible?

Q: Is it permissible to buy products on credit if I do not know the price of the product? For example, I order some things, the seller delivers the products to my house, and I say that whatever the money is, I will pay at a later time. I don’t know the price of the products while buying. Is the transaction valid?

Q: Is it permissible to take a house on rent on a heavy deposit? For example, normally, a house rent is RS 10000/- with RS 30000/- deposit. Is it permissible to rent the same house for RS 5000/- with RS 2,50,000/- deposit?

Q: I purchased an item for R10 000. However, I have only paid R1 000 so far, and the rest of the R9 000 will be paid later within a set time period. When I have not paid fully for the item, can I sell it to someone else?

Q: If someone deposits stolen cash into my account and later shares it with me, am I guilty or not?

Q: A website is selling books at a discounted price. Whoever buys books for more than R250 gets a free bookmark. Whoever buys books for more than R750 gets another book free. Whoever buys books for more than R1499 gets free home delivery.

I want to know if transactions like these are valid where the seller gives a gift if the buyer buys products of a certain amount of money?