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 41 of 43
- Ask Imaam6 Oct 2007
Is the commission that one earns from selling life insurance policies, retirement annuities, etc. considered haraam?
Assalaam mu alaikum Is the commission that one earns from selling life insurance policies, retirement annuities, etc. considered haraam? Is it…
Mufti Ebrahim Desai - Ask Imaam14 Aug 2007
Salam transaction
We are a sourcing company, we get inquiry for a certain product from our customers; We source the product from factories and distributors in china;…
Ml. M. Jawed Iqbal - Ask Imaam20 Mar 2007
I work in a MUSLIM company in France as sales assistant. I started this new job 3 months ago. ...
I work in a MUSLIM company in France as sales assistant. I started this new job 3 months ago. This company subscribed an insurance which enables to…
Ml. Suhail Tarmahomed - Ask Imaam19 Mar 2007
Is it permissable to buy a sectoinal title unit " off-plan". ...
Is it permissable to buy a sectoinal title unit " off-plan". You are requested to pay a deposit of say ten or twenty thousand rand and the unit is…
- Ask Imaam19 Mar 2007
Is it permissable to buy a sectoinal title unit
Is it permissable to buy a sectoinal title unit " off-plan". You are requested to pay a deposit of say ten or twenty thousand rand and the unit is…
- Ask Imaam12 Mar 2007
Is this Halaal or Is it better for me to avoid the transaction if it is not really necessary at the moment?
My Question is. i am working in Dubai. I have a credit card which i am not using at the moment since i wanted to avoid any chance of getting related…
Mufti Ebrahim Desai - Ask Imaam18 Dec 2006
I would like to know if someone down the line buys ...
referring to your fatwa number 8214, I would like to know if someone down the line buys a product which is unislamic or Haraam , without my…
Mufti Ebrahim Desai - Ask Imaam21 Nov 2006
am going to ‘borrow money’ from an institution. It’s not a syar’i insitution, but we are trying ot make it syari. I am borrowing the money to buy some materials in order to renovate and extend my house. The institution is providing me with some money in order for me to buy some material... but the actual contract will be as :
Assalamu’alaikum wr. Wb. Respected mufti shahib FIRST QUESTION : I am going to ‘borrow money’ from an institution. It’s not a syar’i insitution, but…
- Ask Imaam4 Aug 2006
is it permissible to enter a competition where you have to buy a ticket?
is it permissible to enter a competition where you have to buy a ticket? what about competitions where you enter after having bought goods from a…
Mufti Ebrahim Desai - Ask Imaam19 Jul 2006
While trading in stocks can we do short sale ie sell stocks in advance and buy them at a lower price later in the day?
While trading in stocks can we do short sale ie sell stocks in advance and buy them at a lower price later in the day?
Muhammed Zakariyya Desai - Ask Imaam19 Jun 2006
Is it permissible to offer this service (i.e. be a Dropship supplier) to other people who are selling on the Internet?
Dropshipping is a service used regularly when selling on the internet and I will try to explain it as best I can. A Dropship supplier is a wholesale…
Mufti Ebrahim Desai - Ask Imaam17 May 2006
is selling tabbaco haraam
is selling tabbaco haraam
Mufti Ebrahim Desai - Ask Imaam27 Apr 2006
my dad wants me and my brother to assist him on buying a house and me and my brother is living separatly. 1)I know he hasinterest in his savings
my dad wants me and my brother to assist him on buying a house and me and my brother is living separatly. 1)I know he hasinterest in his…
Muhammed Zakariyya Desai - Ask Imaam17 Apr 2006
international real estate firm that acts as an agent for buying, selling, and leasing properties for big industrial companies, has hired me for a consulting position.
An international real estate firm that acts as an agent for buying, selling, and leasing properties for big industrial companies, has hired me for a…
Mufti Ebrahim Desai - Ask Imaam22 Mar 2006
Can you please inform of historic places that I may visit in Jerusalem and Jordan.
InshaAllah I will be visiting Jordan and Jerusalem. Can you please inform of historic places that I may visit in Jerusalem and Jordan. Virtues of…
Mufti Ebrahim Desai - Ask Imaam9 Mar 2006
I am the financial backer of the business. My partner does all the work related to the buying and selling of the goods. He deducts expenses (petrol, advertising costs, bank charges etc) before we share the profits.
I have a business partnership with a Muslim friend in which I am the financial backer of the business. My partner does all the work related to the…
Mufti Ebrahim Desai - Ask Imaam6 Mar 2006
What is the Shariah ruling about working in and selling Pizza with pepperoni, which made from pork meat?
I’m interested to buy a Dominos or Pizza hut. What is the Shariah ruling about working in and selling Pizza with pepperoni, which made from pork meat?
Mufti Ebrahim Desai - Ask Imaam3 Mar 2006
the supplier is too lazy (because they don’t know how to get a very specific item), they will ask us to buy it for them. Again, the same thing happened! Sometimes, its cheaper ... Can we keep the left over money for ourselves
Our government-based research centre deals with buying items for the research. For this purpose, the office appointed a supplier and they agree on a…
Mufti Ebrahim Desai - Ask Imaam9 Feb 2006
After the instalments are paid in full the car will then be sold and the sale price will be distributed among both of us on 50% basis. Is this business ok
One of my friends is engaged in rent a car business. He purchased a car through bank financing on instalment basis payable in five years. After…
Mufti Ebrahim Desai - Ask Imaam1 Feb 2006
I will now be receiving these Sun International shares as well. These shares have to be bought and sold through a stockbroker and I am in the process of selling these shares
I received shares in the company that I worked for (I did not pay for these shares). As a result, I receive dividends every six months in addition…
Mufti Ebrahim Desai - Ask Imaam12 Dec 2005
I have approached the bank and explained that I want to buy a house with a loan from them that complies with Islamic Law and Principles. I have asked that they buy the house for me, and agree to re-sell to me with an agreed profit,
First, I would like to thank you for answering all our questions. Here in Australia, we rely heavily on your fatwas and answers to questions, as we…
Mufti Ebrahim Desai - Ask Imaam7 Dec 2005
buy a house in india. loan should be payed back to bank with interest . so my question is that ke is it halaal to take loan and build a house ,?
my husband works in U.A.E and he wants to take loan there and buy a house in india. loan should be payed back to bank with interest . so my question…
Mufti Ebrahim Desai - Ask Imaam6 Dec 2005
I would like to know what is the ruling regarding Trade Unions where you pay a regular fee for the Trade Unions' support and backing in work related issues?
1) I know that in the it is permissible to have car insurance due to the fact that the law of the land makes it obligatory. However, what happens in…
Mufti Muhammad Kadwa - Ask Imaam17 Nov 2005
: My Youngest brother is working in UNION BANK in karachi as a credit card sales person. what i heared that bank job is not permissable due to interest involvement
Question # 1: My Youngest brother is working in UNION BANK in karachi as a credit card sales person. what i heared that bank job is not permissable…
Mufti Ebrahim Desai - Ask Imaam20 Oct 2005
I know that is not permissible to charge Goodwill when selling a business. Is it true that you may inflate the price?
1.I know that is not permissible to charge Goodwill when selling a business. Is it true that you may inflate the price? If yes, then why? Because is…
Mufti Ebrahim Desai - Ask Imaam29 Sep 2005
I have approached the bank and explained that I want to buy a house with a loan from them that complies with Islamic Law and Principles.
First, I would like to thank you for answering all our questions. Here in Australia, we rely heavily on your fatwas and answers to questions, as we…
Muhammed Zakariyya Desai - Ask Imaam22 Sep 2005
want to buy a car and I approach the dealer they have two scheme either I can pay the amount in lumsum or I can pay 20% downpayment and rest in equal installments for 1year,
I stay in Saudi Arabia, I want to buy a car and I approach the dealer they have two scheme either I can pay the amount in lumsum or I can pay 20%…
Mufti Ebrahim Desai - Ask Imaam17 Sep 2005
wesbank islamic finance scheme.can i have the details emailed to me as to how the transaction actually works
i have heard that you have approved the wesbank islamic finance scheme.can i have the details emailed to me as to how the transaction actually…
E. Vawda - Ask Imaam17 Sep 2005
murabaha transaction - Can the creditor take over the collecting of the rentals until the debt is repaid?
In a Murabaha transaction relating to the sale of fixed property (land and bulindings) is it permissible whithin the shariah: - 1. include "a…
E. Vawda - Ask Imaam11 Aug 2005
Is it Halal/Haram? to buy & sell the new iraqi dinar to make a profit on the currency value over a period of time.
Is it Halal/Haram? to buy & sell the new iraqi dinar to make a profit on the currency value over a period of time. Is it Halal or Haram? to buy &…
Mufti Muhammad Ashraf - Ask Imaam11 Aug 2005
working in Auction business or buying from auction permissible? beting Allowed in Islam
Working in Auction business or buying from auction permissible? betting Allowed in Islam
Mufti Muhammad Ashraf - Ask Imaam8 Aug 2005
what is the fatwa regarding selling television sets, dvd players and radios?
what is the fatwa regarding selling television sets, dvd players and radios?
Mufti Ebrahim Desai - Ask Imaam4 Aug 2005
Is it allowed to take profit by selling a house , purchased on the basis of RIBA ,(Convetional mortgage system).
Is it allowed to take profit by selling a house , purchased on the basis of RIBA ,(Convetional mortgage system).
Mufti Muhammad Kadwa - Ask Imaam2 Sep 2004
Is it permissible to trade in warrants and futures?
Is it permissible to trade in warrants and futures as detailed in the following websites? (This actual website will be used to transact in these…
Mufti Ebrahim Desai - Ask Imaam1 Sep 2004
bought a laptop and paid 200 dollars to buy a service plan. It covers any damage caused by regular use of the laptop for 3years. Is this type of service plan permisible?
I bought a laptop and paid 200 dollars to buy a service plan. It covers any damage caused by regular use of the laptop for three years. Is this type…
Mufti Ebrahim Desai - Ask Imaam7 Jun 2004
From Dubai I buy 100,000/- Euro and fly to Amsterdam and sale the Euro Currency in Amsterdam(Holland). I make a handsome Profit due to the currency difference. Is it Halal for me?
As Euro Currency is cheap in Dubai and a little expensive in Frankfort or Amsterdam, I buy 5 cents cheaper in Dubai and sale it 5 cents more in…
Mufti Ebrahim Desai - Ask Imaam7 Jun 2004
is forex trading allowed ?The procedure of a normal interest based trade is: you buy one currency against dollar for
instance buy pound and sell dollar. Your account is in dollars. you deposit $500 and get to trade on a margin. Each trade is for 100000 currency…
Mufti Ebrahim Desai - Ask Imaam27 Apr 2004
Is the following contract deal ok? Contract with B says, B will buy the property from A for 100,000 in 1 month. B pays A 1000 as security deposit, which does not change the amount he owes to A.
A is selling his property for 100,000. Contract with B says, B will buy the property from A for 100,000 in 1 month. B pays A 1000 as security…
Mufti Ebrahim Desai - Ask Imaam14 Apr 2004
I have to buy a home. there is a bank in pakistan which is offerring intrest free loans. details canbe seen on the website.http://www.meezanbank.com/
actuall they offer loan on the basis they'll share 80% of the price & if one want to pay in 60 installments the amount then be devided into 60 units…
Mufti Ebrahim Desai - Ask Imaam13 Apr 2004
contract deal ok? A sells his property for 100,000. Contract says, B will buy property from A for 100,000 in 1 month. B pays A 1000 as security deposit, which does not change amount B owes to A.
A is selling his property for 100,000. Contract with B says, B will buy the property from A for 100,000 in 1 month. B pays A 1000 as security…
Mufti Ebrahim Desai
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.