- Transactions & Dealings >> Business
- Total Questions : 157
- Q. Is it permissible to invest in the mutual funds that call themselves Shariah compliant. www.weathcity.in and parsoli corporation(http://www.islamicequity.co.in) Basically I want to invest to make tax savings and also to grow my returns. In addition to the above, can you please suggest two examples of rich sahaba and how they generated and managed wealth
2706 views
- Q. I want to know about one business. Which is as following. Sir the business name is network marketing. The process is that I buy one product which is truely HALAL.e.g wathces, Jewellery etc. Aftre buying the product the company from where I bought the products asked me whether you want to become our business parter If I said Yes. Then I become the business partern of that company. And the money I paid to buy the product is my investment. Now if some more persons come to buy the product from this company through my refrece. Then company will give me commission let say 3% to 6% of each product. and the products are truely HALAL. And there is no cheating also. If I make the marketing of this company and asked the people to buy more product from this company then my i will get profit. If i stop then i will not getting anything. Please let me know whether this business is HALAL or not ...
3898 views
- Q. I have a business of flour mill (Making flour from wheat).Can we mix RICE with it.Bec rice rate is low thn wheat and its also eatable comdity.Rice presntagr is also very low in this.Bt we dont tell this to our customer abt ths mixing.
1147 views
- Q. In a business there are 2 partners,One partner who invest money and the second partner finds business(work) only,they share profit as follows partner who invest 75% and partner who finds work 25%,if there is a loss in the work does the partner who only finds work has to bear the loss in above mentioned ratio or he is partner in profit only? Nothing was discussed to share in loss.
1397 views
- Q. i am doing partnership in optic shop with 40:60% i am investor if their is loss in the asset due to depriciation of asset or damage to asset how will the investor loss recovered can this be included in expenditure or some percent kept to recover this loss pl reply clearly
1163 views
- Q. Respected Moulvisaheb, A person has given me 10 open plots (1 lakh each)on udhaar, and said u may pay me 10 lakhs by your pocket or sell outside anyhow i want 10 lakhs. There is no timeframe to it. Now i am able to sell them for 13 lakhs. Is it halaal for me those 3 lakhs.
1170 views
- Q. In Quetta, Pakistan, there are a lot of commodities which are smuggled from various countries are available with high quality. My question is that if I purchase such products from there on less prices and sell it in some other city on higher prices. Would it be halal on not? Condition: I'm not smuggling, but I'm purchasing the product which is smuggled. Thanking you in anticipation.
4056 views
- Q. Assalamualikum, We are into the business of Real Estate . can we give service for Alcohol beverage company Get them a house the commission what we get from them is it halal we are just giving the real estate services?
1111 views
- Q. Assalamualaikum, i had financed a two wheeler five years back & i paid the complete amount in istalments with intrest as agreed in terms & conditions.After 2 years i realized that i commited a sin & in future i will never buy anything with intrest .Kidlly guide me according to shariah ..what is to be done of this vehicle..it is still in my possession.Jazakallah khera..
1235 views
- Q. asalamoualikum mufti sahab there is a person in our locality who does business in rice which he is telling and loots of people and who understand islam properly r investing in it (muslim men and women)i wanted to clarify some doubts about the same. 1)The minimum share is of RS 50,000 and if u invest RS 50000 u get profit of RS 1000 PLUS MINUS RS100 TO RS300 per month. profit is not fixed we get money on montly baisis. 1)so is it halal or haram as we always get some money every month to be clear there is no loose only less or more then 1000RS(RS100-RS300). 2)HE says TO us that u can visit our gowdon and c the rice stock. 3)please let me know mufti sahab if we should invest in that business or not.
1155 views
- Q. Assalam alikum, Please Help Me Out. I did a shopping of rs. 50000/ with credit card, later on i converted that amount as EMI for 3 months, it is 0% interest (Interest free), and service charge of 2%. Is this legal? Jazakallah!
2344 views
- Q. is it possible to make friendship with non muslims?? 2. is it possible to do business as partners with non muslims?
1905 views
- Q. my brother in law he is actually a commision agent the farmers they brings food and fruits during seasons like corn, sugarcane, mango etc he use to do harrag means sales on behalf of people on his shop i want to know this bussiness is halal or not?
1102 views
- Q. One mobile costs rs 30000 in India and 10000 in us but in U.S it is tied with a telecom service provider due to which such a discount is available the telecom service provider gives the mobile on the condition that the person will use the mobile with the particular service provider for two years . So my question is can I smuggle the phone from and use it India as in the process I will be saving Rs20000
1106 views
- Q. Assalamu alaikum wa rahamatullahi wa barakatuhu! Jazakallahu khairan for the taking the initiative of reviving Islam ( through Tableeghi works and other activities). I was going through your reply for question 1471 Faiths & Beliefs Deviant Sects & Groups ( Link : http://darulifta-deoband.com/viewfatwa.jsp?ID=1 471 ) ( You have answered many questions in the same manner for e.g. 6516 Faiths & Beliefs Dawah & Tableeg) Instead of directing the questioner to the refutation book or some other source - it would be very helpful in clearing the misconception if the answer is provided then and there itself. This will save a lot of effort and time. We write to you scholars because we are not competent enough in Isalmic education - that we will ourselves sit and refer to each book and find out the details ourselves. I have learnt in Jamath that of the 6 adab, one is to acquire knowledge by asking. What is the ruling regarding selling of items at higher price e.g an item XYZ costs Rs : 100/- and I sell it at 10,000/-. Is this allowed? (Kinldy quote references) Awaiting your response. May Allah reward you for the righteous deeds. Ameen.
1582 views
- Q. Assalamualaikum, We are in the business of supplying industrial chemicals to different Industries. One of the products is Citric Acid. Citric Acid is used as an acidity improver in beverages. In both alcoholic and non-alcoholic drinks. Question 1) Is it allowed to sell Citric Acid? 2) Is it allowed to sell Citric Acid to a buyer who uses it for both alcoholic and non-alcoholic drinks? 3) Is it allowed to sell to a buyer who uses it for alocoholic drinks only?
1244 views
- Q. Assalamualikum Mufti Sb., Mufti Sb., FYI, we are sending our salary money to India thru Currency exchange shop. Please note our usual sending process is, when indian currency value is high (i.e. we are getting RS. 500 to 1500 extra if the indian currency value will be high). Kindly confirm as per our Islamic sariyah it is lawful earning (i.e. Rs. 500 to 1500). Awaiting your earlier response.
1543 views
- Q. Asalamoalaikum. I study medical n we sell bones for studying anatomy to our juniors. Now my question is dat, do i have to sell the bones at a lesser price dan wht i bought earlier as i have studied on these bones n i dont need them anymore, and they r second hand, or i can sell them at any price i want, or is it some fixd profit on goods u sell. Waiting 4 ur ans
1162 views
- Q. A company intends to prepare feed for cows and chickens by using feathers, blood and dead chickens (before they are slaughtered Islamicaly).2- Would it be allowed to provide this feed? 3- Would it be allowed to supply and feed the cows and chickens with this feed? 4-Would it be allowed to sell this feed?
1109 views
- Q. With reverence and humble submission, In our society ( Jammu & Kashmir , India ) more and more people are joining RCM Bussiness, a commission based business; more details about this can be viewed at here( http://www.rcmbusiness.com/index.aspx ) . Now i want to know is this type of bussiness permisible in Islam. With regards!
1906 views