
Ruling On Imposing The Loss On The Borrower Due To Late Repayment
Question: profit was not fixed so that it may not fall into the category of interest.) When the time of repayment approached, I sent a message asking if I woul..
Ruling Regarding Larger Profit Share For Working Partner
Question: profit to the working partner?..
Ruling On Availing Free Services Without Specific Account Balance?
Answer: profit based on a loan is haram. The Hadith states: ”كل قرض جر منفعة فهو ربا۔“ Translation: Every loan that brings a benefit is riba (interest).(..
Permissibility Of Profit In Sub-Leasing A Rented Item
Question: profit, and then rent them out again while sending our labor force. We pay the labor ourselves. Is it permissible for us to make such a profit? Note..
A Permissible Way to Sell Things Just by Sharing Pictures
Question: profit margin in it.” He furthers says, “once the deal is struck with a costumer, forward his address to me. I will deliver the product to the costume..
Does A Receipt In One’s Name Count As Possession Of The Item
Question: profit he would have paid to the market sellers, he would pay to me instead. He agrees to it and we go to the market together, and I buy the freezer o..
Ruling Regarding Buying Back a Sold Car
Answer: profit from something which did not enter into your Dhaman. For instance, you have sold a car for RS. one hundred thousand on credit, it becomes t..
Is Credit Sale of Gold Permissible Instead of a Loan?
Question: profit from him. So, we have adopted the following method: the borrower needs a loan of 200,000 rupees, so I will purchase gold worth 200,000 from the..
Purchasing Business Goods On Credit Instead Of Borrowing Money
Question: profit on his money too. In order to achieve this, my friend intends to buy the goods that I require, such as kitchen products, hobs, tongs, etc., fro..
Fixing a percentage on a loan?
Answer: profit on the loan and according to Hadith, the conditional profit on a loan is Riba (usury); just as it is unlawful (Haraam) to take Riba (interest),..