Transactions (Hanafi)

October 24, 2024 2 mins

Is It Permissible for My Husband to Purchase a Piece of Jewelry I Had Previously...

Answered by Shaykh Yusuf Weltch Question I visited a gold shop, liked a piece of jewelry, and asked the workers to keep it for me while I checked other stores. Later, I decided to buy the first piece and called the shop to confirm it was still available. My husband purchased it for me. Was […]
October 20, 2024 1 min

Must I Pay an Additional Cost After a Business Transaction Has Been Completed?

Answered by Shaykh Yusuf Weltch Question I negotiated a drink price with a vendor for 50 INR, but after I drank it, he asked for an additional 10 INR, saying I could pay it later. Do I owe him the 10 INR? Answer In the Name of Allah, the Most Merciful and Compassionate Once a […]
October 6, 2024 3 mins

Is It Permissible to Work as a Salesperson If the Contracts Involve Late Payment...

Answered by Mawlana Ilyas Patel Question Is it permissible to work as a salesperson if the contracts I sell include late payment penalties, which resemble riba, and fluctuating prices due to taxes and regulations? Does this make my income haram, or am I only sinful for this aspect of the work? Answer In the Name […]
October 4, 2024 2 mins

Is Rental Income from a Mortgage Property Haram?

Answered by Mawlana Ilyas Patel Question Is the rental income from a house bought with an interest-based mortgage considered haram? Additionally, is the increase in the house’s value over time haram? Answer In the Name of Allah, the Most Merciful and Compassionate. I pray you are in good faith and health. Thank you for your […]
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