QUESTION: Small-scale businesses accept bank cards as a method of payment. However they have a minimum of R30 or R50 spend in order to swipe. I visited a store and bought two items to the value of R29. I asked the cashier if I could swipe and he said yes. Thereafter,...
QUESTION: I advertised a used item on a group (I did mention that it was used, etc). A person messaged me to purchase the item. I informed them that if the item is not collected within 2 days, I would put the item back up for sale. The person then informed me that...
QUESTION: Zaid wanted to buy a phone from Bakr. Bakr gave Zaid the phone to test out. After keeping the phone for a day, Zaid said the phone was working perfectly and decided to buy it. After 3 days, a problem appeared on the screen (commonly caused due to falling)....
QUESTION: Zaid was selling a product for R150 on order. Bakr placed an order and paid a R50 deposit. When the product arrived, the value of the product had decreased but Bakr did not have the money for the product. Can Zaid sell the product at the new value of R130...
Question:- Are performance bonds permissible? Please check the following link: https://grow.exim.gov/blog/surety-bonds-for-exporters-what-is-a-performance-bond Answer:- Based on the information submitted, performance bonds fall in the category of gambling, hence...
QUESTION: I wanted to enquire if Samsung Care+ is okay to subscribe to? They have a promotion with a new phone I had bought, which I pay a once-off amount of R499 and if within 12 months after paying, my screen breaks, then I won't be charged the full price of a new...
Question:- My father's business is financially struggling as has consequently incurred a number of debts. If he changes the business name, and liquidates the previous business, will his income be Halaal? Answer:- By liquidating the business and changing the business...
Question:- Is hawala business is allowed, for example, if I sell dollars and add a 60 cent mark up on the rate, is this allowed ? Answer:- If by the term ‘Hawaala’ you mean selling USD in lieu of another currency at a higher rate (in comparison to the bank rate), then...