Islam, Islamic, Islamic News, Fatwa's and Islamic Business/Finance with Islam Online

Commerce & Employment

Last Modified:  24 Aug 2011 11:10  GMT

There is a quantity of steel with a seller who works through a sales agent. I do business with this agent by arranging customers for him. The price of the steel is 50 million riyals. The sales agent requires a check to be written out to the owner of the steel for 25 million riyals. He then takes 10 million for himself. The other 15 million is divided up among the brokers who bring the customers in contact with the agent. As one of those brokers, am I permitted to take my share of this 15 mil ...

Last Modified:  24 Aug 2011 11:09  GMT

The sales representatives of pharmaceutical companies offer gifts to doctors so that that they prescribe to their patients the medicines manufactured by those companies. Is it allowed for doctors to accept these gifts as long as they only prescribe the amount of medicine required by the patient?

Last Modified:  24 Aug 2011 11:08  GMT

The business environment in my country is very corrupt. If a professional or a businessperson wants to secure a contract to supply any product or service to an institution, company, or government parastatals, he will likely be asked by an official or representative of that establishment to give him a share of the profit or a bribe for being awarded the contract. If the person seeking the contract refuses to pay the bribe, he will not win the contract even if he is qualified to do the job. What d ...

Last Modified:  24 Aug 2011 11:07  GMT

I know a doctor who receives many medicines from companies on which it is printed "physicians sample not for sale". He sells them to his patients at market price without telling them. Is it lawful for him to do so? Please explain your answer.

Last Modified:  24 Aug 2011 11:06  GMT

In the university that I attend, there are a few teachers who fail students who do not give them “gifts” and who give grades according to the value of the “gifts” that they receive. I am faced with this situation now. I do not want to pay this bribe, but if I don’t, I will be unjustly failed in the course and may be forced to repeat the year. What should I do?

Last Modified:  24 Aug 2011 11:05  GMT

I know that a manufacturer, broker, or supplier of goods is not allowed to hoard those goods and corner the market? When does holding goods back from sale constitute hoarding? What is cornering the market?

Last Modified:  24 Aug 2011 11:05  GMT

I a doctor working in government health services. I applied to graduate school at my university, and was surprised when my application was rejected on the flimsiest of grounds. I was further grieved to find that the university had accepted a number of students who were unknown to the university ad poorly qualified, whereas myself and other students who had graduated from the same university and completed our internships there and who had immaculate academic records were denied the opportunity to ...

Last Modified:  24 Aug 2011 11:04  GMT

Can a Muslim be in the business of selling televisions, DVD players, and the like? The problem is that there are so many bad things on television, so some Muslims say that selling them is unlawful.

Last Modified:  24 Aug 2011 11:03  GMT

What are the rules regarding buying and selling gold and silver. Is it permissible to buy gold jewelry in instalments, e.g. May I buy a gold necklace costing £100 by paying £50 now and £50 at a later date?

Last Modified:  24 Aug 2011 11:02  GMT

What is the ruling on selling prohibited goods like pork or wine?

Last Modified:  24 Aug 2011 11:00  GMT

Someone buys from me a specific quantity of merchandise for an agreed price. However, sometimes the total quantity of goods being purchased is not in my possession at the time of the sale. What I do is take the full price of the goods from the customer and ask him to come back at a later time to collect his order. Is this permissible, or does this come under the prohibition in Islam of selling what one does not possess?

Last Modified:  24 Aug 2011 10:59  GMT

What is the ruling of buying and selling in and around the mosque? Does the ruling apply on those who sell miswâk in the inner courtyard of the mosque? Is it permissible to buy from them?

Last Modified:  24 Aug 2011 10:58  GMT

Is going to an all-you-can-eat buffet permissible according to Islamic Law? The reason I ask is because some people in my area are saying that this is prohibited due to the fact that it involves uncertainty. This is because you pay a fixed price, like £5, and in return you can eat as much as you wish. The uncertainty is in the amount of food being eaten. Please clarify.

Last Modified:  24 Aug 2011 10:57  GMT

I want to know if I can eat in a restaurant where alcohol is served as long as I do not order alcohol. I was told that it is unlawful to do so. In my country, most restaurants sell alcohol, and it is difficult to find places where alcohol is not served. It is a really big problem when you are traveling. Hotel restaurants always serve alcohol. My uncle is a corporate businessman, and he says that he has to attend lunches where alcohol is served and where his colleagues drink. He could not do busi ...

Last Modified:  24 Aug 2011 10:56  GMT

I have an empty plot of land that I put up for sale through a real estate agency. After just two days, the estate agent called me up and said that he had a buyer. I discussed the matter with the agent over the phone and agreed to sell the land. Two weeks later, I prayed to Allah to guide me in the matter and then changed my mind about the sale. I called the estate agent and told him that the sale was off. A while later, I was notified that the buyer had and gone to court and filed a laws ...

Last Modified:  24 Aug 2011 10:55  GMT

What is the ruling of paying earnest money – a non-refundable down-payment for a purchase. I wish to purchase an automobile. The company that I wish to buy the automobile from ships it in from abroad when I agree to buy it. Before the company will do this, I must pay up-front a certain amount of money. If I decide later not to make the purchase, the company keeps the deposit. This money will not be refunded. Is this a lawful business practice?

Last Modified:  24 Aug 2011 10:54  GMT

Is it lawful in Islam to sell a currency note or coin for more than its face value if it is rare and collectible? Or would that be a form of interest? Does it make a difference if the bill or coin is in a denomination that is no longer recognized as money?

Last Modified:  24 Aug 2011 10:53  GMT

The hadîth tells us that the most despised place on Earth to Allah is the marketplace. Why does Allah hate the marketplace so much? Is it because it is a place where people focus on worldly matters and where people chase after wealth and worldly gain

Last Modified:  24 Aug 2011 10:52  GMT

In Islamic law, can a partnership be set up where one party (Party A) invests all the money and the other party (Party B) invests time, energy, and expertise? Financially, can Party B draw a salary and partake in the profit and loss?

Last Modified:  24 Aug 2011 10:51  GMT

My brother and his friend are in the process of setting up a small business together. They wish to draw up a contract between themselves with regards to the business. They are 50/50 partners in the business and are hoping you could give them some guidelines on setting up a business contract in conformity with the Islamic Law.

Total: 223   view 60 - 80 [First Page] [Prev] 1 2 3 4 5 6 7 8 9 10 [Next] [Last Page]