Business & Finance · Subtopic
Buying, Selling & Trade
1,711 fatawa from 8 South African Darul Iftas on Buying, Selling & Trade, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Buying, Selling & Trade fatawa — page 39 of 43
- Mufti Online18 Nov 2012
Accepting the invitation of the debtor
I have a friend, who borrowed some money from me a while back. He sits in a grocery shop, owned by another friend who is out for three chilla. I…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2012
Lending money to an Islamic School on interest
Zaid is willing to lend a Islamic School 50 thousand pounds for a year, on the condition that at the end of the year he gets his full money back, on…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2012
Selling an item without taking possession of it
my friend wants to help me out financially. Therefore, he has decided that I should organize for him prospective buyers, he will sell to them and…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2012
Extended warranty on a car
The warranty on my car is expiring. I was offered to extend the warranty for R5000 a year. Is this allowed?
Mufti Ebrahim Salejee - Mufti Online18 Nov 2012
Buying gold on credit
Is it permissible to buy gold on credit? My mother bought 2 gold coins, I took 1 and told her I will pay her slowly. Is it interest? What do I do?…
Mufti Ebrahim Salejee - Mufti Online12 Nov 2012
Buying a laptop on Equated Monthly Installment (EMI)
I want to buy a laptop on EMI monthly can I do this according to Islam?
Mufti Zakaria Makada - Ask Imaam11 Nov 2012
Can I buy goods on consignment and can I buy goods on credit if there is no interest involved?
Asalam Walikum, I run a pharmacy. I need to know the legality of certain transactions: 1) We buy goods from the seller on consignment on the…
Sohail ibn Arif - Ask Imaam6 Nov 2012
Is it permissible to buy a Dell laptop?
Is it permissible to buy DELL laptop for a practicing muslim?
- Mufti Online5 Nov 2012
Selling adult related items online
We are a group of Muslims thinking of starting an online web shop for Muslim married couples. We would like to sell adult related items (sex toys).…
Mufti Ebrahim Salejee - Mufti Online17 Oct 2012
Some questions relating to the Qurbaani animal, the purchaser and the farmer
Zaid goes to a farm and chooses an animal for his qurbaani. This animal is marked and reserved for Zaid. Zaid pays for this animal. The animal dies…
Mufti Zakaria Makada - Ask Imaam13 Oct 2012
I wanted to buy an ipad. There is guy who offered me to pay on my behalf and then afterwards I can pay him back on 6 installments in 6 months. He will over charge me 17.5% of the total amount. Is this whole process according to Shari’ah.
Assalam-o-Alaikum, I wanted to buy an ipad. There is guy who offered me to pay on my behalf and then afterwards i can pay him back on 6 installments…
Ismail Desai - Mufti Online13 Oct 2012
Advertising on Television as well as selling Televisions
Can one advertise on Television? Can one sell Televisions?
Mufti Ebrahim Salejee - Mufti Online13 Oct 2012
Buying cleaned Sea Shells from an Arts and Craft Shop for home decorations
I have one question - is it permissible to buy cleaned Sea Shells from an Arts and Craft Shop and use it for internal house decoration, eg in the…
Mufti Ebrahim Salejee - Ask Imaam10 Oct 2012
If at the end of the day when cashing up your business you find extra money in your till, perhaps due to an error by the cashier, eg: you have done sales for R1000.00 but find R1200.00 in your till, what should be done with the extra money?
If at the end of the day when cashing up your business you find extra money in your till, perhaps due to an error by the cashier, eg: you have done…
Ismail Desai - Mufti Online6 Oct 2012
Car salesman arranging or recording finance
A person, who is a car salesman, sells cars. People at time buy it using loans. I am not too sure about the details but if there is any interest…
Mufti Ebrahim Salejee - Mufti Online6 Oct 2012
Accountant recording an interest transaction
I'm in my 2nd year, studying accounting. I read the following hadith the other day: Allah's Messenger (sallallahu alaihi wasallam) cursed the…
Mufti Ebrahim Salejee - Mufti Online27 Sep 2012
Applying for a bursary at a bank
Is it permissible to apply for a bursary at a bank? E.g. Old Mutual.
Mufti Ebrahim Salejee - Mufti Online25 Sep 2012
Who has first preference to buy my house?
I want to sell my house, who has first preference to buy it? My neighbor or a family member?
Mufti Zakaria Makada - Mufti Online17 Sep 2012
Jewellery which are a symbol of other religions
If women have gold, silver, and diamond crucifixes, aum, and Buddha jewellery before excepting Islam, what should they do with them? Should they…
Mufti Ebrahim Salejee - Mufti Online16 Sep 2012
Selling Computers
I deal in computers. Can I sell a computer in the following situations? 1. Knowing that the person will use it for haraam. 2. If the computer comes…
Mufti Ebrahim Salejee - Mufti Online2 Sep 2012
Zakaat on Redundant Stock
Can a person give out redundant stock as zakaat? I.e. He discharges his zakaat by giving out the redundant stock to zakaat recipients, hence…
Mufti Zakaria Makada - Mufti Online2 Sep 2012
Zakaat on Holiday Vouchers and Unique Cell Numbers
I purchase holiday vouchers at R20 each. I sell most by putting them on R1 auction and they sell at whatever price the auction closes. I do have a…
Mufti Zakaria Makada - Mufti Online2 Sep 2012
Zakaat on the cost price of trading stock or on the selling price?
Does one pay zakaat on the cost price of trading stock or on the selling price of the trading stock? E.g. I sell cars. I paid R10,000 for the car…
Mufti Zakaria Makada - Ask Imaam1 Sep 2012
1. Will it be ok if I bought shares with ppc who is a cement supplier. I am a hardware retailer, and I have been told that ppc shares have been performing well. 2. I am presently also engaged in the buying and selling of Kruger rands require advise as to whether I could also trade forex trading and selling dollars
1. Will it be ok if I bought shares with ppc who is a cement supplier. I am a hardware retailer, and I have been told that ppc shares have been…
Moulana Ismail Desai - Mufti Online18 Jun 2012
Zakaat on Stock for Trade
1. How does one calculate (cost, selling price) Zakaah on Stock for trade? 2. Can one give stock as Zakah? Are they any conditions? 3. Can one give…
Mufti Ebrahim Salejee - Ask Imaam16 Jun 2012
Buying repossessed items
1)Every few months the South African Revenue Services -Customs department has auctions.These goods are "seized/uncleared goods or perhaps unclaimed…
Ismail Desai - Ask Imaam13 Jun 2012
I am doing business of selling ladies clothes. I wanted to know 2 things: 1. What are the basic rules which I should follow while fixing the price and bargaining? 2. Is it permissible to put a sale on the clothes so that they are sold? I mean to say, can I reduce the price and sell them?
Assalam o Alaikum, I am doing business of selling ladies clothes. I want to know 2 things: 1. What are the basic rules which I should follow while…
Mawlana Abdul Hannan Nizami - Mufti Online9 May 2012
Selling Beer Powder
1. Is it permissible for a Muslim to sell beer powder? The names of the beer powder in question are mnanti beer powder and kings brew beer powder.…
Mufti Zakaria Makada - Ask Imaam2 Apr 2012
Are the following interest bearing transactions?
1. Using my credit card I purchased gifts for my in laws during my marriage proposal finalised by my parents to express my happiness towards the new…
Mawlana Faraz ibn Adam - Ask Imaam12 Mar 2012
I will be buying one currency on spot rate with my money (nothing from brokers) and wait for the right time to sell it off on a spot rate and that is the profit I make, is this Halal or not? (No interest element involved in it, in this transaction I can gain or lose).
My question is regarding forex trading, in this trade you buy or sell currencies through a broker. You either do trade by your own money e.g. €1000…
Mufti Hussein Issa - Ask Imaam9 Mar 2012
"Islamic" Investment Banking, buying and selling.
1) I asked this question before but never got a response or confirmation email, so I’ll ask again. It has to do with "Islamic" Investment Banking. I…
Mawlana Mohammed Patel - Mufti Online7 Mar 2012
Zakaat on livestock not purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are not purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on livestock purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on Eggs
Is zakaat fardh upon the eggs laid by poultry?
Mufti Zakaria Makada - Mufti Online21 Feb 2012
Zakaat on Medication for Dispensing Purposes
Is zakaat fardh upon the medication which the doctor administers to his patients or dispenses to them?
Mufti Zakaria Makada - Ask Imaam18 Feb 2012
How does one pay zakat oncredits extended to the purchaser at sale ("debts receivables" or "accounts receivables")?
If you extend credit when you sell merchandise, is your whole debtors book zakatable? Obviously theres a chance of default from certain debtors.…
Mawlana Faisal bin Abdul Hameed - Mufti Online8 Feb 2012
Zakaat on Goods which one has not yet Received
Zaid purchased a consignment of goods from Pakistan with the intention of resale. The goods were thereafter shipped to South Africa. The shipment…
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Redundant Stock
Is zakaat fardh on redundant stock?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Goods
Is zakaat compulsory on goods?
Mufti Zakaria Makada - Ask Imaam16 Jan 2012
Is selling cigarettes permissible?
Is it permissible for a Muslim to become the distributor for selling cigarettes? He will be the agent who is responsible to sell throughout the…
Mufti Zaid Mohammed Shelia
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.