Tag Archives: business

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.…

One should recite the following Duaa when entering the marketplace.

لَا إِلَه إِلَّا الله وَحده لَا شريك لَهُ لَهُ الْملك وَله الْحَمد يحيي وَيُمِيت وَهُوَ حَيّ لَا يَمُوت بِيَدِهِ الْخَيْر وَهُوَ على كل شَيْء قدير

There is no deity besides Allah Ta’ala alone, who has no partner.…

1. One should recite the following Duaa when entering the marketplace.

بِسْمِ الله اَللَّهُمَّ إِنِّي أَسْأَلُكَ خَيْرَ هَذِه السُّوق وَخيْرَ مَا فِيْهَا وَأَعُوْذُ بِكَ مِنْ شَرِّهَا وَشَرِّ مَا فِيْهَا اَللَّهُمَّ إِنِّي أَعُوْذُ بِكَ أَنْ أُصِيْبَ فِيْهَا يَمِيْنًا فَاجِرَةً أَوْ صَفْقَةً ​خَاسِرَةً

In the name of Allah.…

1. Rasulullah (Sallallahu Alayhi Wasallam) had taught the Sahaabah (Radhiyallahu Anhum) to recite ten verses of the Qur’an when returning from the marketplace.…

1. One should learn the masaa’il that relate to his profession or business from the ulama in order to earn halaal and save himself from haraam.…

1. A business transaction should be concluded with mutual consent. No party should be forced to carry out the transaction.…

1. One should not sell haraam products e.g. pork, carrion, wine, etc.
2. One should exercise moderation in earning a livelihood.…

1. The seller should be truthful to the purchaser and should not deceive him or lie to him regarding the quality of the product, the amount it costed him etc.…

1. If an item has a defect, the seller should disclose it to the purchaser. It is not permissible for him to conceal the defect.…

1. If the seller, despite knowing about the defect in the goods, conceals it from the purchaser, he will be sinful and will receive the wrath of Allah Ta‘ala and the curse of the angels.…