Transaction And Trade

Hiring a flea market or souk stall

QUESTION: Is it permissible to be a stallholder at fairs, flea markets, souks etc? What is the status of income earned from these places as a stall holder? ANSWER: There is no problem in hiring a stall at a flea market or souk and sell one’s Halaal products. However,...

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Incorrect goods supplied to purchaser

QUESTION: A buyer placed an order for 2000 bags of medium-sized onions. the buyer paid for his order but it appears that at the time of loading the delivery, the buyer did not check to see that his order was correct and relied on the Manager of the farm to do so. When...

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Requesting a refund for unused blocks

QUESTION: I gave a supplier the engineer's drawing of the slab for a quote. They calculated how many blocks and lintel will be needed, and gave me a quote according to their calculations. Their engineer also came out to the site to measure before delivery. I then paid...

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Charging a fee to load airtime

QUESTION: Zaid advertises that he'll load airtime on a phone immediately for someone, to save them time. The person has to message Zaid, and Zaid will load the airtime within 5-10 minutes, and the person will pay him later. Can a 10% service fee be charged (i.e. for...

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Bay-e-Salam

QUESTION: Please explain if the following manner of conducting business transactions is permissible: I don't keep stock on hand. When customers wish to purchase goods, I require either a deposit or payment first, before placing the order. This happens mostly when...

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Trading Forex

QUESTION: I was selling Dollars and someone enquired to buy it from me. I offered him a rate, to which he agreed. I asked him where he lived (to determine how far he lived from me) and thereafter I told him that I would later confirm the agreement. He disagreed saying...

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