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..

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..

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),..

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 ..

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..

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..