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Aadaab of Business and Dealings – Part 12

1. It is not permissible for one to get involved in interest bearing transactions. The giving and taking of interest are both haraam in Islam. وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا ﴿البقرة: ٢٧٥﴾ And Allah has permitted sale and prohibited riba – interest. الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ …

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Aadaab of Business and Dealings – Part 1

1. A business transaction should be concluded with mutual consent. No party should be forced to carry out the transaction. يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا أَمْوَالَكُم بَيْنَكُم بِالْبَاطِلِ إِلَّا أَن تَكُونَ تِجَارَةً عَن تَرَاضٍ مِّنكُمْ  (النساء : ٢٩) O you who believe, do not consume one another’s wealth unjustly except through (lawful) …

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