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    Answers with Tag: customer

    Workoverload

    Investing in Gold

    Working for software development used by conventional banks.

    Is money acquired by lying Halāl?

    Sellers knows money is from bank

    Seller knowing that the customer is paying with money loaned from the bank

    Is trading forex or commodities online halal according to Shariah?

    Shariah Compliant Alternatives

    Is Lay- Bye permissible and can the seller charge the client a holding fee?

    Is it permissible for a web designer to upload cartoon pictures on websites?

    Can I work as a software developer for a Hedge Fund?

    Let’s say, I invest $1,000, the broker invests or lends $99,000 and together we buy the currency like euro worth $100,000. The broker will not charge any interest on the money that he invested or lend, because it will be a Shariah compliant account.     – If the rate of the euro goes up and I decide to sell the euro. The broker will take a small share of the profit and rest is given to me     – If the rate of the euro goes down below a certain margin which is determined by the amount I invest, my broker will close the trade and take his money back and I will lose the money I invested. Also, another place were interest may be involved is when the buying and selling is not done on the same day, then a rollover occurs which mean that either we have to pay interest or give interest on the currency you have bought, but the brokers is offering a swap free or interest free accounts for Muslims only, in which, even if you do not close the trade on the same day, they will not debit or credit any interest. I am interested in Spot trading not Future trading. Please let me know if this type of trading is Halal.    

    Is it permissible to work in a gas/petrol station where they sell alcohol?

    What is the Islamic Position on Lay-By?

    Can I work in the IT Department of a Commercial Bank?