Is it permissible to buy or sell something at a specific price at a specific time; for example, to agree with someone to sell something for ten dollars on the thirty-first day, where my profit or loss will depend on the price of this thing at that time, and the same applies to buying?
It is permissible to purchase a described commodity to be delivered at a specified future date, provided that the full payment is made at the time of the contract. This […]
I work as a tax associate. I fill out the data for companies and individuals; interest is subject to taxes, and sometimes we have to enter interest information (profit and loss) while filling in data.
Does this fall under the Hadith of the usury writer and its two witnesses?
Your job is fine, Alhamdulillah, as you stated, because you are not directly promoting or facilitating usury or interest. The nature of your job is just plugging in numbers for […]
