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Category: Transaction And Trade

Diminishing Musharakah Home Finance

Question We are looking to purchase a house and have approached _____ Islamic Finance. Please see attached a broacher of […]

30 November 202125 June 2025Business Dealings, Transaction And Trade

Forex Trading

Question Is foreign exchange (Forex) trading is permissible or impermissible in Islam? Since it is all about buying a specific […]

29 November 202112 September 2023Business Dealings, Transaction And Trade

Instalment Sale Without Interest

Question Zayd wants to buy a car but does not have the cash. He can however pay monthly installments.  Bakr […]

19 November 202119 November 2021Business Dealings, Transaction And Trade

Customers Not Collecting Sewn Clothing

Question A customer paid a deposit for a garment to be sewn but never came back to fetch the garment. […]

16 November 202116 November 2021Business Dealings, Transaction And Trade

Discounted Fee Structure

Question A person has two options when paying school fees  1. Pay the full amount (11 600) before 28 February […]

14 November 202114 November 2021Business Dealings, Transaction And Trade

Medical Finance

Question I have recently come across a company called ____fin – offering medical finance. As a dental professional, they offer […]

8 November 20218 November 2021Business Dealings, Transaction And Trade

Using Interest Money To Pay Traffic Fines

Question Can i use interest money to pay off traffic fines?  Answer No, it is not permissible to use interest […]

30 October 202130 October 2021Business Dealings, Transaction And Trade

Drafting A Letter For Someone To Acquire An Impermissible Tender

Question At our accounting firm, a client that is involved in IT consulting, requested us to draft a solvency letter […]

5 October 20215 October 2021Business Dealings, Transaction And Trade

Faasid (Corrupt) Credit Transaction

Question The verbal Agreement between Person A and B at the time of the sale was only the amount and […]

5 October 20215 October 2021Business Dealings, Transaction And Trade

School Transport Charges

Question Many people privately transport students from their homes to school and Madrasah. Under normal circumstances, the transporter charges a […]

5 October 20215 October 2021Business Dealings, Transaction And Trade

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+27 11 413 2786

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