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FATAWAA REGARDING BUYING AND SELLING
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The following fatawaa are from Fatwa-Online .
The ruling about having shares in companies and banks
Question: What is the ruling about having shares in companies and banks'? And is it permissible for a shareholder (in a company or a bank) to sell shares, specifically after he has become a shareholder himself, to offices dealing in buying and selling (stockbrokers)? And from that which is possible is selling them (the shares) for more than the price that the shareholder paid. So what is the ruling about the profit which the shareholder makes every year from the value of the shares bought?
Response: Having shares in banks and companies that trade in ribaa is not permissible. And if the shareholder wants to rid himself of any ribaa in his shareholding, then he should sell his shares at market value and take the initial investment only. The rest he should give in charity, and it is not permissible for him to take anything from the profits of his shareholding or interest. However, if the shareholding was in a company which does not trade in ribaa, then it's profits are halaal.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Member: 'Abdullaah ibn Ghudayyaan;
Member: Shaykh 'Abdullaah Ibn Qu'ood
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa. - Volume 13, Page 508, Fatwa No.8996
Grocery store selling foods containing pig-meat ingredients
Question: Is it permissible to sell food items which contain pig-meat or alcohol?, since there are many Muslims in America who own or work in grocery stores where they sell beer, pig-meat and tobacco.
Response: It is not permissible to sell that which is haraam nor eat or use it; and from amongst them are the items mentioned in the question.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdur-Razzaaq 'Afeefee
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa. - Volume 13, Page 48, Question No.20 of Fatwa No.11967
Ruling concerning selling cigarettes and not smoking
Question: I am a trader and buy cigarettes and for my trade, is this permissible for me, knowing that I do not smoke the cigarettes? Also, I have a television (in the shop) where the youth gather and watch football matches and soap operas and (as a result) they miss their salaah. Is it permissible for me to have this television under such circumstances? As my shop is next to the marketplace and between the masjid and me there is approximately 200 meters, I pray inside my shop and leave the congregational prayer. What is the ruling about my action?
Response: Cigarettes are an evil and harmful thing. It is not permissible to smoke them or sell them because if Allaah has made something haraam then its trade is also haraam. So, it is obligatory upon you to seek repentance from selling it and limit yourself to selling permissible items since there is many blessings in this. One who leaves something for the Sake of Allaah, (then) Allaah compensates him with (something) better than it.
Also, it is not permissible for you to leave the youth to gather (in your shop) with you and leave the salaah. It is obligatory for you to close the shop and you and them go to the masjid, for that which Allaah says:
{O you who believe! Let not your properties or your children divert you from the remembrance of Allaah. And whosoever does that, then they are the losers} [Soorah al-Munaafiqoon, Aayah 9].
Also, the saying of the Prophet (sal-Allaahu `alayhe wa sallam):
((Whoever hears the call (to prayer) and does not respond (to it) then there is no prayer for him (if he prays in other than the masjid) except for a (valid Islaamic) reason)).
It was said to Ibn 'Abbaas (radhi-yallaahu 'anhu): 'what is the (valid Islaamic) reason?' He said:
((Fear and illness)).
Also, from that which is confirmed is when he (sal-Allaahu `alayhe wa sallam) was asked by a blind man: 'O Messenger of Allaah! I do not have a guide to guide me to the masjid, so is there permission for me to pray in my house?' So the Prophet (sal-Allaahu `alayhe wa sallam) said to him:
((Do you hear the call for prayers?)).
He said: 'Yes'. He (sal-Allaahu `alayhe wa sallam) said:
((Then respond (to it))), [reported by Muslim in his Saheeh].
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdul-'Azeez Aal-ash-Shaykh;
Member: Shaykh Saalih al-Fowzaan;
Member: Shaykh Bakar 'Abdullaah Abu Zayd
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa. - Volume 13, Page 63, Question No.1 of Fatwa No.16502
Trading in women's clothing
Question: What is the ruling regarding one who sells and trades in women's clothing, especially that which is tight (fitting), and also under garments? So is there any sin upon him if a woman was to wear such clothing and go out amongst the people?
Response: It is allowed to trade in permissible women's clothing. As for impermissible clothing, such as that in which there is a resemblance with the kaafiraat (disbelieving women), then it is not permissible to trade in it, since this constitutes assisting in sin and transgression.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdul-'Azeez Aal ash-Shaykh;
Member: Shaykh 'Abdullaah ibn Ghudayyaan
Member: Shaykh Bakar 'Abdullaah Abu Zayd
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa., - Volume 13, Page 108, Question 1 of Fatwa No.18409
Selling items used by women for adornment
Question: What is the ruling regarding trading in women's beauty items (inclusive of clothing), and selling them to women whom the sales assistant knows will wear them to beautify themselves in front of non-mahram men in the streets, as he sees her state in front of him, and as is unfortunately widespread in some cities (places).
Response: It is not permissible to sell them if the sales assistant knows the person who buys them is going to use them for things that Allaah has forbidden, because this means that he is co-operating in sin and transgression. But if he knows that the buyer is only going to wear them for her husband or he does not know anything, then it is permissible for him to sell them.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdur-Razzaaq 'Afeefee;
Member: Shaykh 'Abdullaah ibn Qu'ood
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa. - Volume 13, Page 67, Question No.3 of Fatwa No.7359
Selling music cassette
Question: Is it permissible to sell music (audio) cassettes, like cassettes of Umm Kulthoom and Fareed al-Atrash and that which is similar to them?
Response: Selling these cassettes is haraam; because of that which they contain of music and songs which is haraam, and listening to it is haraam. And the Prophet (sal-Allaahu `alayhe wa sallam) said:
((Indeed if/when Allaah has declared something haraam, then buying and selling it is (also) haraam)).
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdur-Razzaaq 'Afeefee;
Member: Shaykh 'Abdullaah ibn Ghudayyaan
Member: Shaykh 'Abdullaah Ibn Qu'ood
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa., - Volume 13, Page 48, Question 10 of Fatwa No.6364
Making a profit by selling on behalf of someone else
Question: A man asked another to sell something (on his behalf), and the price of this object is for example 3 deenaars. And this person sells it for 4 deenaars, and keeps for himself the difference (i.e. 1 deenaar). So is this action permissible in the Sharee'ah or not?
Response: The one who has been entrusted to carry out something on behalf of another is (acting in the capacity of) a deputy of the seller. So it is not permissible for him to increase the price of the sale item in order to take for himself the difference without the knowledge of the one who entrusted him to sell the item (on his behalf). However, whenever he should mention this to him, then there is no harm in this.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdur-Razzaaq 'Afeefee;
Member: Shaykh 'Abdullaah ibn Ghudayyaan
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa., - Volume 13, Page 98, Fatwa No.9303
The ruling regarding women trading
Question: What is the ruling regarding a woman who trades (i.e. goes into business), whilst either in travel or residence?
Response: In principle, it is permissible for both men and women to trade whilst either in travel or in residence, for the general statement of Allaah:
{Allaah has permitted trading and forbidden ribaa}, [Soorah al-Baqarah, Aayah 275].
And the saying of the Prophet (sal-Allaahu `alayhe wa sallam) when asked: What trade is best? He said:
((The work which a man does with his own hands and all acceptable trade)).
Also that which is confirmed is that when Islaam began, women used to buy and sell in modesty and used to protect themselves from displaying their beauty. However, if the woman's trade requires her to reveal her beauty which Allaah has prohibited, such as her face, travelling without a mahram or inter-mingling with ajaanib (non-mahram) men in a manner that may cause fitnah, then this is not permissible for her to undertake (i.e. trade). Rather, it is obligatory she distances herself from that, since she is undertaking something which is haraam in striving to attain something which is permissible.
And with Allaah lies all success and may Allaah send prayers and salutations upon our Prophet (sal-Allaahu `alayhe wa sallam) and his family and his companions.
The Permanent Committee for Islaamic Research and Fataawa, comprising -
Head: Shaykh 'Abdul 'Azeez ibn Abdullaah ibn Baaz;
Deputy Head: Shaykh 'Abdur-Razzaaq 'Afeefee;
Member: Shaykh 'Abdullaah Ibn Qu'ood
Fataawa al-Lajnah ad-Daa.imah lil-Buhooth al-'Ilmiyyah wal-Iftaa. - Volume 13, Page 20, Fatwa No.15901
