transaction

Is interest based transaction allowed in a country like India, specially for housing purpose and educationRegards In India it is very difficult to buy a house without a loan. If one buys it outright the income tax department will take the person's toll

My question is regarding Riba. A very interesting case came to my knowledge. I will tell you about that and ask for your guidance. It is about a marriage which took place in Karachi in 1984. The man who was arranging for his daughter’s marriage asked his sister to lend him money for buying gold. The sister took the man to the gold shop and bought gold worth of 22000 Pak Rs. In 1999, 15 years after the sister gave him money for gold, she asked her brother to return the money. The brother said that he’d pay 22000 thousand Rupees as the gold cost 22000 in 1984 but the sister said that she would not take 22000 but she would take the same amount of gold which they bought in 1984. Now the problem is that the same amount of gold today cost up to 60000 which is 38000 higher than the original amount, but the brother insists that from 22000 she will get nothing. So the question is: how much the brother should pay to her sister? One very important thing is that at the time of the deal there was no contract since the deal was between the brothers and sisters. So how should we deal with this issue?

As-Salamu `alaykum. I have tried to understand the concept of ambiguity (gharar) in contracts. It seems to me that the salam sale, where the price is paid in advance, is a contract that is based on ambiguity, yet it is accepted in the Shari`ah. To my knowledge, construction projects are based upon an agreed sum of money to be paid in advance and a certain deadline by which the project has to be completed and delivered to the purchaser. However, it only rarely happens that the project is completed on time. Don't you think an element of ambiguity is involved, as the contractor does not know whether or not he will be able to complete the project in time?A related question: If I agree to deliver a certain amount of fruit by a certain date to the purchaser who pays in advance, wouldn't I be making a contract that involves ambiguity, since I am not sure that the product will be available to me by the deadline?

Is spread betting haram in islam .Betting on shares It works exactly the same way as you deal in actuall stock market but instead of buying actual share you bet on the share buy investing less money. The profits are high so the loss.

Dear scholars of Islam, as-Salamu `alaykum. Is it permissible in Islam to spend money to have a warranty on a certain product for a certain period?

Kindly guide me whether purchasing the goods on installments is right or wrong? Normally, we have to pay more than the original price while taking the goods on installment and the seller terms it as “rent.” Your reply will definitely help me. Thanks in advance.

Respected scholars,as-salamu`alaykum.What is the position of the Islamic Shari`ah with regard to the premiums offered by some companies for buying their goods or commodities? Can a Muslim accept a premium of this sort?Jazakum AllahuKhayran.

Peace be upon you I'm an Egyptian guy, I love Pc Games, it the main entertaining thing in my life,  From a little period of time I used to download them illegally from internetthen I discovered that that's considered violation of copyrights which is strictly preserved in Islamand that's considered transgression on other right So I decide to buy themthe problem is this:there are no any Game retailers in Egypt except just two in Cairo (Virgin mega stores and game valley) I travelled from Alex to Cairo to buy the games I want, but I found that they had a very small and old collection which I don't want, I asked them to import them from outside they refused I made a visa internet card and tried to buy the games online from Amazon, eBay and direct downloading sites But Most of the games I want are restricted to Egypt Can't be bought or shipped to Egypt because of VAT and other taxation issues I messaged the Company that produces the games in USA I told them if they can show me any method to buy the games by any means, they completely neglected me My question is: Can I Play the illegal copy of the games? Knowing that the company will never Lose anything If played it me because there are already thousands of Cracked version are being downloaded from the net daily whether I download it or not,and there is not any method to give them the price of the game, I really want to pay them but I don't know what to? So can I play the unofficial till I am able to pay them?Thank you in advance