If the value of trade goods decreases, at what price should Zakat be paid?

Answer: profit alone, instead Zakat is on the profit available at the end of the year and on the market value at the end of the year of the remaining goods fo..

Ruling On A Deal Between A Bread Maker And A Hotel

Answer: profit or loss from it. Once a sale transaction is completed and the buyer has taken possession of the item, the profit or loss of the item becomes ..

Buying and selling lottery cards and coupons

Question: profit. Those customers whose coupons turned out empty lose their money. Is it permitted to buy and sell such lottery cards and coupons? 2. If se..

Ruling on Buying at a Discount Due to a Loan Given

Answer: profit on a loan which is impermissible, a sin, and Riba. This is because any conditional profit attained on a loan is riba, whether the condition is ..

Selling A Moveable Object Without Acquiring Its Possession Is A Sin

Answer: profit and then the trades go bankrupts…… one must not sell anything before acquiring its possession as it is not only a sin but also a cause of great..

What If Both Partners Work But Only One Invests

Question: profit and loss equally. Is this partnership permissible?..

Ruling On Quoting A Higher Price To The Customer

Answer: profit margin on it. Since the buyer is trusting the seller in this case, the seller must act with complete honesty and trustworthiness. Any dishonest..