Ruling On A Partner Keeping Extra Profit From Overpricing
Answer: sale made by you is deemed to be from both partners, and all the resulting profit must be shared as per the agreed profit-sharing ratio. It is not pe..
Preparing Jewellery On Order Purchase
Answer: sale of flats, in light of Hajat e Sharia (legal need), and Ta’amul (prevalent practice of dealing). In accordance with the opinion of the Ṣāḥiba..
Selling Gold Jewellery On Credit In Islam
Answer: sale of unspecified gold is made. For example, a seller sells a gold chain, specifying the quality and weight, but the exact chain is not designated, ..
What Is The Ruling On Buying A Digital Prize Bond ?
Answer: sale, purchase, or transfer of ownership. The amount deposited against the DPB is classified as a loan. This is supported by the fact that the DPB..
Ruling Regarding Not Specifying Ratio Of Profit Sharing In A Partnership
Answer: sale and Ijarah (i.e. they are considered invalid if the payment is unknown). Also, from the conditions of partnership is that the profit must be as J..
Answer: sale or any other means.(Tanveerul Absar Ma Durrul Mukhtar, Vol 04, Page 299, Beirut) In Shirkatul Milk a partner has liberty to sell his share as..
Ruling Regarding Buying Back a Sold Car
Answer: sale (Fasid) and the ruling will remain same whether he makes the transaction or his agent. For example, one has sold an item for RS 10 and before re..
How Can Someone Take Possession Of Goods Located In Another City?
Answer: sale, the transaction would be considered invalid (فاسد), and it would be obligatory for both parties to annul the deal. It has been mentioned in ..
Is It Permissible To Sell Men's Bracelets?
Answer: sale of impermissible jewelry, states: ” لوہے پیتل وغیرہ کی انگوٹھی جس کا پہننا مرد اور عورت دونوں کے لئے ناجائز ہے اس کا بیچنا مکروہ ہے۔“ Tra..