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Lent a sum of money to a farmer who will give him an amount of his product
A businessman lend a money to farmer, example 1000, the farmer must pay it 4 sacks out of his products. Is this allowed in Islam. Another is that I have a small rice mill, for 2 months my gross income from this rice mill is about 20,000.00 (this includes fuel and the operators share), and my net income after diducting fuel operators cost is only 12,000.00.. More
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Selling property before its completion
Please can you explain whether it is permissible or not to sell something that is not in your possession, for example: you want to buy a house which is not yet built, and pay lets say 30% of the agreed value? Before that property is complete and before you pay any more money towards it (you can optionally pay more before completion but must.. More
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