I live in United States, and I learned that there are some companies that sell houses by what they call "owner financing". Here is how it works: when I find a house that I like, they buy it and sell it to me. As an example, they buy the house for 90,000 and sell to me for 100,000. I pay a down payment of say 10,000. The rest, which is 90,000, is paid.. More
We want to buy a mosque. The receiving end (an old lady) wants the money on a monthly basis, until she dies. Is it permissible to buy the mosque, although we don't really know the precise price (e.g. it could be she'll live 2 years and it could be much more, Wa'allahu 'Alam)? Please provide evidence from Qur'an and Hadith. .. More
I am opening a new shop of electronics goods and I am new to this business. I want to know what are the things I need to do apart from being honest and not cheating so that Allah may bless my business with prosperity and let it flourish. What are the Dua's or supplications or prayers I need to perform everyday in the light of Qur'an and Sunnah? What.. More
My parents own a restaurant and every time a person asks whether the food is Halal, we instinctively respond, "Yes". The reason we say yes is because the word "Halal" is usually used to describe food that is permissible to eat and not food that is necessarily "Zabiha". When people asked whether the food was Zabiha, I also responded "yes" even though.. More
If someone works in a store (as employee), can he take from the store goods ((that is considered as bonus, extra? The store doesn't pay price for it; it comes as bonus from other companies, for example the store buys 5 goods and gets one free from another company. Can the employee pay a small price for that in cash money to the store, and take it.. More
Is it Halal or Haram to take car or other utilities of home through leasing or Mudaraba? In this process a Leasing company provides a car to someone taking some amount from that person and paying remaining amount on his behalf to completely pay the price of vehicle (car). They person has to pay the amount to the company in installments, usually up to.. More
My father in law wants me to be his partner in a store that sells cigarettes and other tobacco products, or at least to give him money to help him open such a store even if I don't become a partner. What's the view of Islam about owning a tobacco store or helping someone open one?.. More
I bought a product from a person. Who used a credit card to buy this product but his intention was to use credit card and not to repay their money. So I bought the product from this person and I know that he will not return the money to credit company. Will my deal be Halal?.. More
Why is a contract necessary in all economics activities like selling and renting?.. More
Thank you very much for your answer to the question about the "cars prices" on the gas station.I need another clarification about the same, as you have mentioned that "Some people might purchase goods when they are not in need of those goods. They purchase only to get a coupon to subscribe to the draw".Sir, Will this rule still apply, if someone goes.. More
Is it permissible to change money on the black market? .. More
What is Murabaha and how does it operate? .. More
Is it Haram to do our weekly shopping in big supermarkets because we save time as we can get everything under one roof at a fraction of the price of smaller shop? But these big supermarkets sell alcohol and pork and other Haram things and we do not know where the profit of our money goes. It may go to some organizations working with the enemy of Islam.. More
I want to know the ruling of selling the belly dancer clothes to non-Muslim women? .. More
If a shop distributes raffle tickets based on the amount purchased and then makes a ceremony of the drawing for various gift items, is it permissible in Islam?.. More
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