Book of Sales and Related Matters

Question: What is the rationale for prohibiting the sale of gold for gold on credit—and likewise silver and grain—while permitting a loan of the same? Are not sale and loan the same?

Question: If usurious dealings with banks are prohibited in Islam, what is the alternative in Islam?

Question: Banks have become enmeshed in people’s lives, dealings, and commerce, and the need to transact with them has become pressing; yet what is obviously known is that they are usurious banks. Is there a lawful way by which a...

Question: A man placed an amount of money in the bank. After a period he requested his money; the bank gave him his money and added extra. He took all of it and gave the extra in charity, since it...

Question: A man deposited a sum of money in the bank. After a period he went to withdraw his money, and they gave him more than he had deposited. He objected, and they said to him, “The increase is your...

Question: What is the underlying cause for the prohibition of ribā?

Question: An oppressor may come to the seller and buy without haggling, then say, “How much is the total?” Is it permissible for the seller to raise the price against this oppressor because he is an oppressor?

Question: A man sold to another a plot of farmland (jirbah) for a known price, and the seller stipulated that he had the right to rescind (iqālah) if he brought the price within a year from the day of sale....

Question: There is a shop whose owner sells on credit at more than the market price, with set prices for each item. He opened it for the purpose of selling on credit, and he does not sell for cash. Is...

Question: A man learned that the price of a commodity had risen, so before the news spread he hastened to buy that commodity from shop owners who did not know of the increase. What is the ruling in such a...