Transactions & Dealings >> Business

Question # : 1353

India

I am working as a property dealer, is it haram or halal?

Answer : 1353

Published on: Sep 16, 2007

بسم الله الرحمن الرحيم


(Fatwa: 805/805=J)


 


Business of property dealer is lawful provided it involves no cheating and deception. Likewise, the bayana amount (which is taken by buyer in advance) in case the buyer fails to pay the amount is not returned, this is haram. The amount belongs to buyer; therefore if he is unable to purchase, the amount should be returned to him. This amount is not halal for the seller.



Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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