Ruling Regarding Not Specifying Ratio Of Profit Sharing In A Partnership

Question: profit sharing is concerned, we mutually decided that I would give him any amount from the profit as per my wish. Also, we did not discuss loss-sharin..

Mudarabah In Animals

Question: profit equally...

A Scenario In Which Profit On Bonds Issued By A Private Bank Becomes Ribah

Question: profit. The bank issues receipts (also called Debentures) and promises against the receipts an extra amount which is beyond the original amount deposi..

What Is The Ruling On Buying A Digital Prize Bond ?

Question: profits. Once a person acquires a Digital Prize Bond (DPB), they are prohibited from selling or transferring it to anyone else. There is no provision..

Ruling Regarding Larger Profit Share For Working Partner

Question: profit to the working partner?..

Ruling On Availing Free Services Without Specific Account Balance?

Answer: profit based on a loan is haram. The Hadith states: ”كل قرض جر منفعة فهو ربا۔“ Translation: Every loan that brings a benefit is riba (interest).(..

A Permissible Way to Sell Things Just by Sharing Pictures

Question: profit margin in it.” He furthers says, “once the deal is struck with a costumer, forward his address to me. I will deliver the product to the costume..

Ruling Regarding Buying Back a Sold Car

Answer: profit from something which did not enter into your Dhaman. For instance, you have sold a car for RS. one hundred thousand on credit, it becomes t..

Fixing a percentage on a loan?

Answer: profit on the loan and according to Hadith, the conditional profit on a loan is Riba (usury); just as it is unlawful (Haraam) to take Riba (interest),..

Purchasing Business Goods On Credit Instead Of Borrowing Money

Question: profit on his money too. In order to achieve this, my friend intends to buy the goods that I require, such as kitchen products, hobs, tongs, etc., fro..