Fixing a percentage on a loan?

Question: fixed at 12% which the borrower has to pay in addition to the original borrowed amount. For example, if someone has taken 1 million Rupees from the co..

Ruling On Taking Commission From Companies Like Amazon Under Affiliate Marketing

Question: percentage of commission. This is even if a specific page or specific brand was advertised and brought a customer to the website, although the latter ..

A Common Impermissible Agreement Between Steel Mills and Contractors Regarding Buying Steel Rods

Answer: fixed, such an agreement will be Haram and a sin. For a transaction to be valid, along with fulfilling all other requirements, it is necessary fo..

Ruling On Investing With A Condition Of Two Riyals Profit Per Piece

Answer: fixed profit, for instance, 250,000 Riyals, for a specific period, such as six months. Now, these goods will become Zaid’s property, and any profit ea..

Ruling Regarding Not Specifying Ratio Of Profit Sharing In A Partnership

Answer: percentage for each partner in a contract of partnership is obligatory. If the ratio of profit is not decided in percentage, partnership will be Fasid..

What Is The Ruling On Selling And Buying A Vehicle If The Price Is Not Fixed On Advanced Booking ?

Question: fixed by the company and it varies according to the prices of the cars i.e. if the price of the car is low, then at least Rs. 500,000 has to be deposi..

Paying Advance Wages Before Month End Is Not Obligatory

Answer: fixed for a specific time, such as monthly or yearly, then they must be paid upon the completion of that time.(Majallat-ul-Ahkam al-Adliyah, page 90, ..

The Islamic Ruling on Transgender Person

Answer: fixed one. Opening the door to changing the creation of Allah Almighty as well as mutilation through severing of bodily limbs This law will ..

Entering Mudarabah Contract With Money And A Shop

Answer: fixed amount is specified, the Mudarabah becomes invalid." (Durr-l-Mukhtar, Vol. 5, p. 648, Dar-ul-Fikr, Beirut) The profit-sharing arrangement of..

Depriving Sister Of Her Share In Inheritance And Can A Woman Perform Umrah With Her Share?

Answer: fixed the share of daughters along with sons in inheritance. Therefore, Allah Almighty says: یُوۡصِیۡکُمُ اللہُ فِیۡۤ اَوۡلَادِکُمۡ ٭ لِلذَّکَرِ مِث..