Transactions (Shafii)

August 30, 2024 3 mins

Does Exchanging Drinks Result in a Riba Transaction?

Answered by Shaykh Irshaad Sedick Question I believe I engaged in a riba transaction as a cashier when I allowed a customer to trade in a drink for another with a different sugar content. This, I believe, was a transaction of unequal amounts of sugar. However, I no longer live in the city I worked in […]
July 28, 2024 3 mins

How Does the Shafi’i School Address “Gharar” (Uncertainty) in Contracts?

Answered by Shaykh Irshaad Sedick Question How does the Shafi‘i School approach the “Gharar” (uncertainty) issue in contracts, and what are the limits to acceptable uncertainty in a contract? Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah alleviate our difficulties and guide us to what pleases Him. Amin. When there is […]
May 25, 2024 1 min

Must the Offer and Acceptance Be Explicit in the Transactions? – Shaykh Irshaa...

Answered by Shaykh Irshaad Sedick Question Must the offer and acceptance be explicit in the transactions? Shaykh Irshaad Sedick addresses whether the offer and acceptance in transactions must be explicit. Shaykh Irshaad Sedick graduated from Dar al-Ulum al-Arabiyyah al-Islamiyyah, under the tutelage of Shaykh Taha Karaan. He received Ijaza from several esteemed scholars and has […]
May 23, 2024 7 mins

Is It Permissible to Buy a House with Usurious Loans?

Answered By Shaykh Dr. Muhammad Abu Bakr Badhib Question Is it permissible to buy a house with usurious loans when necessary? Answer In the name of Allah, and all praise is due to Allah, and blessings and peace be upon our master Muhammad, the Messenger of Allah, his family, his companions, and those who follow […]
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