Trade
Answers and pages filed under “Trade” on SunniPath.
66 pages
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Understanding Islamic Finance
SunniPath Answer Service Team
I live in the US and there are several ''Islamic Finance'' companies here which offer a diminishing partnership payment plan (which you are probably familiar with by now).
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Borrowing a motorbike that was purchased with a riba loan and making the loan payments
Shaykh Faraz Rabbani
Assalamualaikum brother, recently I wanted to borrow a motorcycle from my friend. The total value of the bike is 14k plus. It is under installments for 4 yrs and has been paid for 1 year. The monthly instalment for this …
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Is an ''administration fee'' payable to settle a loan considered Riba?
SunniPath Answer Service Team
Assalmu alaykum Warahmatulahe Wabarakatu, My brother has bought a PC from Dell today. He chose the option to 'Buy now and pay later' to finance his purchase. What this transaction entails is that you sign-up for a loan a…
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Currency Service
Shaykh Faraz Rabbani
Salam!!!! if a person is operating a currency exchange in the sense it does not deal with foreign currency but people coming in to make money orders, pay gas and electric bills or simply coming in to ask for quaters.
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Confirming whether my investment is, in fact, halal
SunniPath Answer Service Team
I have invested a sum of money and would like be careful to be sure that the investment is halal. The other party (whom I've invested with) summarizes their investment policies as being to: 1.
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Working as an Accountant
Shaykh Faraz Rabbani, SunniPath Academy Teacher
I am thinking about starting my own accounting business. From my experiance, I know, people come to accountant trying to avoid paying taxes. While I know that is not an issue with Shariah, I am concerned that, a lot of p…