Ruling Regarding Zakat When There Is No Hope Of Debt Recovery

Answer: creditor. As mentioned in Durr-ul-Mukhtar: (لو كان الدين على مقر ملىء او) على ( معسر... لزم زكاة مامضى) Translation: If the debt is upon someone ..

Price difference between cash sale and credit sale

Question: credit and this is decided in advance. The price of the item sold on credit is higher than that of the one sold in cash. The payment period is also de..

Selling Good Quality Rice In Exchange For Lower Quality Rice

Answer: credit will both be halal. If one of them is found but the other is not, then disproportion is permitted but credit is haram. If we look at rice ..

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

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