Ruling on Credit Insurance

I am a merchant with receivables from a number of traders. A company has approached me with an offer to insure these trade receivables. In the event of non-payment by the traders, the company will cover (90%) of the receivable’s value, in exchange for an annual percentage fee that I would pay to them. What is the Islamic ruling on this?

Regulations for Usufruct Financing Contracts in Light of Sharia

A company that organizes Hajj and Umrah trips has reached an agreement with a bank to conduct a Murabaha sale from the bank to the client. This is due to the high total cost of Hajj and Umrah, and the desire of some pilgrims for a flexible payment mechanism based on monthly installments. We request a clarification of the Islamic ruling on this matter.

Ruling of Islamic Law on the Agent Delaying the Delivery of Expiations and Vows to their Beneficiaries

We are a charitable society that collects donations (vows [Nudhūr] and expiations [Kaffārāt]). There are financial amounts that were deposited in the society's account several years ago and have not yet been disbursed. What is the ruling of Shariah on this matter?

Ruling on Refunds Received by an Intermediary in E-commerce

I work as an intermediary for an online website. Due to certain circumstances, order shipments may be delayed. The products I order from the website are for customers, and I pay for them in advance. When the order arrives and is delivered to the customers, I receive the money I had paid in advance. The website offers me a refund for the amount paid for the order as compensation for the shipping delay. Is this compensation rightfully mine or the customers’?

The Ruling of Islamic Law on Paying Financial Contributions to Obtain a Social Security Pension

What is the ruling on paying the financial contributions to the Social Security Corporation if an employee retires but has not completed the required contributions? In addition, is the increase imposed on the amount, if paid in installments, considered Ribā (usury/interest)?

Ruling on Accepting Donations from Usurious Banks and Financial Institutions

Ruling on Delivering Prohibited Goods to a Buyer

The Sale is Binding by the Price Agreed Upon by the Contracting Parties

I offered a water well for sale without specifying a price. An intermediary informed me that a company wished to purchase it, including all procedures, for 350,000 dinars. He told me that 100,000 dinars from this amount would go to the company's director. The sale was concluded on that basis. It later emerged that the director had no knowledge of the 100,000 dinars. What is the Islamic ruling regarding this sum of 100,000 dinars? Does it rightfully belong to the seller, or should it be returned to the buyer?

The Joint Employee (Ajīr Mushtarak) Guarantees Damage

My car was in a repair shop. While it was being repaired, the shop owner tried to start the car, and it suddenly moved, hitting another car, which resulted in damage to the vehicle. Does the liability (ḍamān) fall upon the shop owner or the car owner?

A Sale Involving Gharar and Jahalah is Prohibited*

A company trespassed on my client’s land. I was appointed to handle the case on the condition that I pay the case fees, which amount to 200 dinars, and give my client 2,000 dinars. Any amount recovered beyond that would be mine. Is this agreement, between the client and the agent, considered valid? What is the ruling of Islamic Law on the amount exceeding 2,000 dinars?

Ruling of Islamic Law on Manufacturing and Selling Charcoal

Ruling on Sales Conducted through an Application Based on a Lottery System

Sharia Ruling on Personal Financing Products (Tawarruq

Islamic Ruling on Selling the Items Present in the Mosque

If a mosque has several water coolers that are not being used and are surplus to its needs, is it permissible to sell them and purchase something else for the mosque?

Islamic Ruling on a Partner Withdrawing Part of the Company`s Capital