Business Dealings

Bay-bil-Wafaa

QUESTION: Person A sells a property to person B. He sells the property at a very cheap price with a pre-condition that the day he decides to sell, he must offer it to him first at the same price as he bought it. Would this agreement be binding on the buyer? In the...

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Leasing a property to a tavern

QUESTION: A Muslim owner is renting out his shop to a tenant who intends opening up a tavern. Is it permissible for the owner to receive rental money from this tenant? ANSWER: It is not permissible to lease out one’s property to a tavern. The monies derived from such...

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Extending a motor-plan at cost price

QUESTION: I purchased a vehicle with an existing motor-plan. After experiencing some issues, I sent it in for repairs. Unfortunately, they kept the car longer than anticipated and I am not satisfied with the repairs. The company offered to extend the motor-plan for an...

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Selling a dog collar

QUESTION: I recently purchased a dog collar which I intended to use on my cat. Since the collar did not fit, and cannot be returned, I'd like to know if it will be permissible for me to resell the collar, and advertise it according to its actual use, which is a collar...

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Kruger coin investment

QUESTION: Is the following investment Shariah compliant? https://www.sagoldbits.co.za ANSWER: In the queried scenario, the one ounce Kruger coin, which weighs approximately 33 grams of gold, is split into one hundred portions and sold at R394.35 per gram. The...

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