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Transactions

March 16, 2024 1 min

How Do I Pay Back the Price of Public Property That May Not Have Been Free to Ta...

Answered by Shaykh Faraz Rabbani Question How do I pay back the price of public property that may not have been free to take? What is the appropriate course of action for reimbursing the cost of public property that may have been taken without proper authorization? It’s essential to address this situation responsibly.   Shaykh […]
March 11, 2024 1 min

Is Taking Late Fees from Customers Permissible?

Answered by Shaykh Faraz Rabbani Is Taking Late Fees from Customers Permissible? In this video answer, Shaykh Faraz discusses the position of late fees as being usury. Shaykh Faraz Rabbani, a distinguished scholar in the Islamic sciences, is the Founder and Executive Director of SeekersGuidance. He studied under renowned scholars globally for ten years, beginning […]
February 25, 2024 5 mins

May I Buy a House on Installments from a Construction Company?

Answered by Shaykh Bassem Itani Question Is it permissible to buy a house on installments from a construction company? Answer It is permissible to buy a house on installments from a construction company, which is known as installment sales, and this is allowed. There are two scenarios in this regard: The First Scenario: The Building […]
February 20, 2024 3 mins

Is It Permissible for the Seller to Cancel a Sale after Agreeing to a Sale?

Answered by Mawlana Ilyas Patel Question I intended to sell a used cycle. I was ignorant of the market price for that cycle, so I just assumed its price and posted an advert. Later, when a buyer came, and we agreed to fix a price, we took the cycle to inspection, and there, the worker […]