Is domain parking business halaal?
Question
Is "Domain Parking" business halal?
I was trying to income online and found an easier way that is domain parking. Is this type of business supported by shariah.I heard that storing goods to get higher profit is prohibited in islam.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Domain parking is the registration of an Internet domain name without using it for services such as e-mail or a website i.e. without placing any content on the domain.[1] In the business of domain parking an individual sells the domain name. The domain name is a legitimate article of sale.[2] The increase of value is a natural consequence of the demand for the domain name. Hence the business of domain parking is permissible.
And Allah Ta’āla Knows Best
Mawlana Ali bin Cassim,
Student Darul Iftaa
Los Angeles, U.S.A
References (Arabic / Urdu sources)
[1] Access on http://en.wikipedia.org/wiki/Domain_parking
[2](المادة 126) (المال هو ما يميل إليه طبع الإنسان ويمكن ادخاره إلى وقت الحاجة منقولا كان أو غير منقول) (مجلة الأحكام العدلية، ص31)
- Answered by
- Mawlana Ali bin Cassim
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