Buying Repossessed Goods

Q: I would like to know if one is permitted to purchase assets from an auction that only keeps bank repossessed goods. A: It will be permissible to purchase bank repossessed goods from an auction. And Allah Knows best Siraj Desai (Mufti)

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Selling Treated Pig Skins

Q: Is selling raw, salted pig skins for the leather industry halal as the Prophet sallallahu alaihi wa sallam said that any skin that is tanned is pure?                       A: It is true that treated skins of animals become paak or pure and this is mentioned in the hadith,  but this excludes the pig, […]

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Buying Export Goods

Q: Can one buy export goods which have not been exported? Is it makruh or haram? E.g. the producer or supplier claims rebate on 14% tax for a number of containers, declaring them to be for export, then he doesn’t export all of them and sells the ‘export’ goods locally for a cheaper price. A: […]

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Network Marketing

Q: Is network marketing on the internet permissible? There are these products on the internet such as google adsense that pay users of it a certain amount of money for clicking on the link. A. Making money from network marketing is lawful and Halaal. The company pays one for the use of his or her […]

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Selling Goodwill

Q: I run a medical practice that I started personally 12 years ago. I am now looking for a partner or someone to buy into the practice. Is it permissible to sell the practice for a price, understanding that there is nothing physical to sell? I think the sale amounts to a royalty or goodwill. […]

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First Option to Buy Back Clause

Q: Is it permissible to add the clause of “first option to buy back” when selling any anything? A: Yes, it is permissible to add a clause giving the first seller first option to buy back in a sale agreement. But in that buy back option, the price must be left to the discretion of […]

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Buying House with Islamic Finance

Q: Is it permissible to buy a house via Wesbank Islamic Finance? Are there any Halaal ways of buying a house? A. It is permissible to purchase a house via Wesbank Islamic Finance. You can also use Absa Islamic Finance or Al Barakah. They all have Shar’ee compliant packages for house finance. Mufti Siraj Desai

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Buying House in Muharram

Q: I started the procedure for buying a house in October but we are now in the Islamic month of Muharram. Is there anything in Islam about not engaging in acttivities of this sort in Muharram? A: There are many superstitions regarding the months of Muharram and Safar. These are merely superstitions and should not […]

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