Does A Receipt In One’s Name Count As Possession Of The Item

Answer: contract with the initial price, plus the addition of profit margin.(Al-Hidayah, Volume 3, Page 56, Published in Beirut) Sadrus-Shariah Mufti Amja..

Ruling On a Partnership with Disparity in Capital but Equality in Profit and Loss

Answer: contract is valid, but the condition regarding loss is void. If they engage in business and earn a profit, it will be divided as per their agreed-upon..

Ruling On Imposing The Loss On The Borrower Due To Late Repayment

Answer: contract, and the two witnesses. (Ṣaḥīḥ Muslim, Kitāb al-Buyūʿ, Bāb al-Ribā, Volume 2, Page 27, Karachi Edition) In Durr-ul-Mukhtar, it is written: ..

Ruling Regarding Renting a House From a Qadiani?

Answer: contract with an apostate, Imam Ahle-e-Sunnat Ash-Sha, Imam Ahmad Raza Khan (علیہ رحمۃ الرحمن) states: ”نہ ان کی نوکری کرنے کی اجازت، نہ انہیں نوکر ر..

Ruling On Benefitting From Goods Bought On Credit

Answer: contract is concluded merely through valid offer and acceptance, after which the buyer becomes the owner of the goods and the seller becomes the owner..