QUESTION: A person buys olive oil with the intention to resell it. They want to change the label to another brand that is from another country, without that company's consent. Am I party to this deception if I relabel the bottles for them? ANSWER: It will not be...
QUESTION: An Islamic society owns certain properties, such as Masaajid, a wedding hall, a mall, and some residential houses. It is not legally mandatory to insure these properties. However, if a person is injured or dies on our premises — especially in places such as...
QUESTION: A landlord rents out a property with three separate houses. The property has a borehole which feeds three water tanks, each with its own pipe into the respective homes. After excessive rain, the pump was damaged causing a drop in water pressure. As a result,...
QUESTION: Would it be permissible to broker a deal between two companies who deal in interest for a brokerage fee? ANSWER: If the nature of the company and their investments is of a Halaal nature, then it will be permissible render your service to them with the...
QUESTION: Is it permissible to dilute Zam Zam water with ordinary water for resale purposes, in order to make a profit? ANSWER: If one intends selling diluted Zam Zam, then it should be clearly stated on the packaging that it is diluted. If one sells diluted Zam Zam...
QUESTION: An opportunity to invest has arisen. Kindly find the details of the proposed investment below: • I am required to invest an amount of R1 000 000.00 into a private company for the purpose of business expansion. • The investment term is 5 years. • The capital...
QUESTION: Is taking a fixed loan from the bank permissible? For example, the bank takes the papers thus assuming ownership of the car, and a higher fixed amount is set over a certain period. ANSWER: Taking a loan from the bank to procure a car is not permissible as it...
I am considering trading XAUUSD (Gold/US Dollar) through an online platform called MetaTrader 5. This is how it works: 1. I do not take physical delivery of gold - I only trade price movements through contracts 2. The broker provides leverage, allowing me to control...