Lowering The Price After A Sale Has Been Finalized

Purchasing Business Goods On Credit Instead Of Borrowing Money

Question: purchase price i.e. 50،000, my friend will sell it on credit to me for 52,000 rupees. In this manner, he will receive 2,000 rupees in profit, and I wi..

Ruling on Selling a Formula Written on Paper

Question: sale will involve paper i.e. there will be a paper and I will write the formula on it...

Ruling On A Deal Between A Bread Maker And A Hotel

Answer: sale. The restaurant owner buys the bread for 15 rupees and sells it for 20 rupees. If this is the case, it is clear that once the bread is in the pos..

Receiving Commission For Stopping A Bus At A Hotel Or Shop

Answer: sale does not occur. Therefore, what is customarily agreed upon is the sale, not the actions leading to it.”(Sharh Majalla-Til-Ahkam by Al-Atassi, Vol..

Fixing a percentage on a loan?

Question: purchase of houses and flats, and the repayment period is up to 20 years. The interest rate has been fixed at 12% which the borrower has to pay in add..

Buying And Selling Human Hair In Islam

Question: purchase male and especially female hair with some part of its root, up to the rate of 8,000 Rs. per kilo. The public are selling the hair of their f..

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..

What Is Shariah Ruling For A Partner Who Wants To Sell A Co-Owned Plot While The Other Refuses To Do So

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..

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 ..