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Permissibility Of Rebates And Rollovers
According to scholars, rebates for prepayments are not permissible if it becomes customary practice, or is stipulated in the agreement or becomes...
 
Investment In Commodity And Currency Funds
If by commodity and currency funds what is meant is what is typically available in the conventional market, the reason is that most of these funds...
 
Concept Of Promise In Islamic Finance
Although Islam prohibits the execution of a future sale, it is permissible to make a promise for a future sale. For instance, if a sales...
 
Unclaimed Cheques
It is permissible to give these funds away in charity after the bank has made every attempt to contact the client. If the owner returns after the...
 
The Merchant's Request With Regard To Paying The Bank A Percentage Of The Value Of the Goods
It is not lawful for the importer to pay the bank 20% as profit margin on the deal in order to guarantee the transfer of the value of goods to the...
 


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