Adnan Rajeh – Matn Abu Shuja #32

Adnan Rajeh

2018 3 29 LMM at 8pm -Chapter of Trade 2- (Riba, Ordering Goods)

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The speakers emphasize the importance of regulation and risk management in the payments of loans, as well as maintaining a system for risk management and avoiding fraud. They stress the need for clear language and proper product descriptions for avoid confusion and mistakes, as well as setting delivery deadlines and explaining the process for customers to avoid confusion. They emphasize the importance of privacy and communication, as well as maintaining a system for risk management and avoiding fraud.

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			Rahim Al hamdu Lillahi Rabbil Alameen wa salatu salam ala carte see the Muhammad Ali. Now. So the
last number of,
		
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			of Halaqaat I have failed horribly and actually making any progress in meeting the mutton, which is
okay because I think a lot of good, important and valuable questions were, were asked and I think I
hope I was helpful in providing Charla proper answers may Allah Subhan, Allah forgive us for the
mistakes we make and took from us the good intentions that we have. And it's always, there's always
more knowledge to be offered. Now, what I'm going to start with is the
		
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			part that talks about it, but because that's what I began by explaining, by explaining it last time,
I'm gonna explain it just quickly, again, to understand the problem or whatever, because I feel like
a lot of people don't have clarity on why it was a problem.
		
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			It may seem to you that is all of these different types of liver. But there's really not just one
type. But the prophet says I'm give other fatawa. So that that one type couldn't be done in a
different way. So I'll give you a way of how it was done.
		
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			I bought
		
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			by the definition of
		
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			Yes, when I tell you how it works.
		
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			The idea is that if you ask for a loan, for any reason, and it was given to you, you'll pay back
more time equals money, that's what's going to happen, meaning you're not going to
		
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			you're not investing your money, you're just giving it to someone, and just based on time, you're
going to be paid more, meaning you're you're getting paid for lending someone giving someone a loan
of any sort. And that is from this from a Muslim perspective, problematic. Why? Because it makes the
rich richer and the poor poorer. Because time is just equaling money, you're not you're not
investing, not taking any risks, the money that you have is going to increase just based on time
moving forward, which is something that is inevitable time is gonna keep on moving. So your money's
gonna come more, and the person who's, who's taking taking that loan, taking the loan as a risk on
		
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			its own. Now adding to that is making it even more risky, more difficult to ever pay back. Yes. So
		
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			I feel like it's one point that was overlooked a little bit last week. And that is, if you give when
you give somebody a loan, can there be a timeframe? Of course, the part of a loan is that there's a
timeframe to pay back, if you don't pay back, there's something called one meaning you you find
something in
		
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			Italy, that until that loan is paid back, that is all fine, we can make an agreement to perhaps pay
a penalty for,
		
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			for missing that loan.
		
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			For example, the concept of a penalty we're going to come to later that's something that they differ
upon scholars differ with Is there a penalty is acceptable or not if you're late, I think the
concept of penalty is not it's not that much of a problem because it's not actually money. With a
loan increasing with time. It's a it's a fixed one time payment that you make the problem with riba
is our time going forward, the money increases as time goes forward, the money demand increases.
		
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			Medication
		
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			never bought me anything, okay.
		
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			And that is what the problem with it is. Now how that works. I'll give you an example of how that
works in in money. Now, let's say my wife has $10 So I tell him, I'll buy the $10 you have for 15
I'm gonna buy that $10 for $15 and pay you 50 for the 10 right now, that's that's another form of it
with the prophets I said them said was haram. Now why because that could be used as a way to cause a
river loan. So I buy that 15 $10 for 15. But I'm not going to pay you now because I don't have 15
I'm your PA leader. So what happened right now? You gave me $10 I'm gonna give you what? 15. So
we're back to the same point all over again, right? The same thing would go if we had any
		
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			merchandise or staple food crops or st same thing would happen.
		
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			You have 10 tonnes of wheat, I tend to buy those 10 tonnes of wheat, I'm gonna pay you 15 tonnes of
wheat, right? So give me the 10 tonnes, I'll pay you later, right? So it turns into the same thing.
Now if I take those 10 tonnes of wheat for 15 tons of cucumbers, and I pay you and that's no dip
anymore. Because these are two things that have different values. It's based on on how we how we
evaluate the value of what was been bought and sold. You're like, Yeah, I'll take 15 tons of
cucumbers, they may not be worth a lot here, but I'm gonna sell them somewhere else, right? No,
we'll make more money. You're taking a risk here? No, you're not. It's not I had 10 tons of wheat.
		
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			I'll wait. And then there'll be competing tons of wheat. No, that's not how it's gonna be gonna get
something different that you're gonna have to value differently. That makes sense. So it's a
different way of looking at things. That's why when it's different species of species, different
types of food or different merchandise, it's okay for us to sell based on different weights, meaning
you're 10 times 15 times but once the exact same thing. It's just another way for you to initiate a
rib alone. Nothing else seems that clarify the topic. You were just initiating a rib alone in a
different form. There's really no difference when I say because I can't buy the $10 you have are
		
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			worth the same
		
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			The $10 I have I can buy your $10 or $15. That's where the prophet said, It's held on to do it. Why?
Because it just becomes a way of us starting a rib alone without actually calling it Abba. Yes.
Would there ever be an exception to that? So for example, you want you sold data to somebody from
beads? And then like a month later, you decide to sell for a different price? Or would it be the
exact same issue? Say that, again, the issues like selling dates for dates are sure.
		
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			So if you sell somebody, just trying to think about this, give me an example. Yeah, you you give him
		
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			five, five days for his five dates.
		
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			You your five deeds are like higher quality for his 10 medium quality deeds, then you take his 10
medium quality deeds, and then you sell them later on, it still has to be the same amount. If the
problem is the quality of the same merchandise. The problem as I said, it was very clear, he said,
Go sell it, take the money and buy whatever you can buy from from what you have in front of you. So
because it turns into another form of IP all over again, it becomes the same thing, nothing really
changes, because it just becomes another another loophole for us to initiate a revolution all over
because we're from the same merchandise, we know the difference of value, the difference of value is
		
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			clear to us. So we can play around and get and get this, turn this into another rep alone. But we
have different merchandise, different merchants have different totally different values, they're not
easy, we can't really judge their
		
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			difference of their value, because Because value will change from one place to the other. But
however, the same merchandise, even if the quality is a bit different, these things are so hard to
to identify that just change it to another loophole for river. Now the example I'm gonna give you so
two guys, I want you to do to understand what we're doing. Now this guy has the money, right? He has
the money. This guy here he wants to money he wants us to go this way, don't this more than
Islamically, what we do is this guy lends this guy the money for a certain period of time, the date
is and then this guy for that same period of time goes, he gives back the exact same amount of money
		
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			right?
		
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			Now this guy doesn't like that. Because he's just, he's just loaning he's not you're not getting
anything, you're not making money. He's not making a profit, or lending money to people. Now
Islamically that's how we're supposed to be lending is an act that either brothers do for those who
are around them or the state does for its various people. It's not supposed to be a way to make
money, a way to make money is investing in someone. Now when we say investing, it becomes there's a
risk, I'm gonna invest in you, you want your to my $10 Why do you want my $10 I want to start a
business, okay? 50%. If you if you win, I get it, I make more money. But if you lose, I lose my
		
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			money. And that's taking risk. That's how it's supposed to be for an economy to be healthy. That's
what you need. So there's more than one way to do this. It can be done. And this is what's haram.
And this is the river, you're within Avenue, Kuru river above and mobile app. But this is what the
Quran is very clear about. And this is the river that they didn't show here. It is the reverse that
the prophesy sent me immediately said haram and everyone agrees to now the other parts of river that
there's some discussion about is just a way that we use this as a method to close down any
transaction that's going like this. So for example, this guy doesn't want to loan doesn't want you
		
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			want a loan? No, he says, he tells this guy I want to buy from you. This $10 I'm gonna give you for
it
		
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			20 I'm going to buy those 10 with 20. It's a transaction is not alone. I have 10 bucks in my pocket.
I want to buy the 1020 bucks that you have. I want to buy that piece of money that you have. Is that
okay? The Prophet said no, the habit, the habit for the exact same amount was exact same thing,
because this is just a little bit because what happens at the end is this guy has 10 This guy is 20.
He owes him $10 Even though he only took he took less than that. Does that make sense? You'll say
I'll pay you later, I'll pay you later when I have they don't have money right now with me. I'm
gonna buy those that $10 You have for 20 Give me the 10. And I'll pay you this later. So now he took
		
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			10 and he owes 20. And that's exactly what it is. The same thing goes for any other merchandise that
is exactly the same specifically staple food crops that hold on to their value for long periods of
time. And that people use quite often. So do the same thing. I want to buy those 10 crates of wheat,
I'm going to pay you 20 crates of wheat. But I don't have the trendy crates of wheat right now with
me. So give me the 10 crates, I'll pay you later that 20 crates of wheat. So what happened is, it's
just a loan, I lent you 10 You're gonna give me back 20. But when it's a different merchandise, when
it's called selling, which we will study in a few minutes with a different thing where here give me
		
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			the 10 crates of wheat and I will give you 20 crates of cucumbers. Now this is this is a
transaction. Right? This is not just an increase of value transaction because a different thing.
Cucumbers may not live very long they they you know they lose their value. They may not be very
expensive or they may be expensive somewhere else. It's an it's no longer a form of labor at that
point, right. But anything that becomes close to a form of rebellion that becomes haram. So it's
hard to regulate these things amongst people. But I'm just explaining to the fifth key understanding
of it in terms of why it's haram and how we're supposed to regulate it. What can the
		
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			government regulates the government to regulate the money. The government can regulate in terms of
loans, when we're giving out loans that we don't add put to put put interest rates on those loans.
As time progresses a punishment is a different thing, like a penalty for you being late. pining
something is what Islamically is more
		
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			prominent, but a penalty is not that big of a deal. We can we can find the there are ways for us to
justify a penalty. But that's something we'll talk about maybe a bit later as we go down. Within the
discussion. Yes. But isn't it have something to
		
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			do they do?
		
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			A BioCarbon for you. And then they sell you the car and make profit on it. Like the the loaned you
the money, but then you have to pay back to it, tell it, it's fine. See, what happens here is that
here's the car factory. Here's where all the cars come from.
		
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			This guy doesn't have a lot of money. This guy has all the money. He's the one who owns all the
money as the money. Let's take down
		
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			this guy has no money. He doesn't. So he buys the car.
		
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			The car is over here now.
		
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			And he pays whatever amount of money he pays. Now it's his, this is his car, he can he can sell it
for as much as money he wants. He doesn't use any of your business, how much do I sell it for? Now,
if this guy's gullible does just pay twice its amount. That's his problem, right? But then what
usually happens is that because you're not going to pay immediately, I'll change the price. So if
you're gonna pay me immediately, we just got done. And that's not a problem, Islamic news. So I This
isn't like art is if you're gonna pay me right now. I want 100,000 for it. If you're gonna pay me in
10 years, they're gonna give me installments. I want 200,000 for it. Nobody. But anyway, that's just
		
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			an agreement of how the payment is going to be, at the end how I value my car is up to me, I value
it and any number I want, it's up to this guy, whether to say yes, I like that value. I don't like
that value. So when Islamic banks do that, that's not a problem now, because Islamic banks do is
they buy the car for 50,000, the buyer and the seller for 5 million. That's the problem, meaning the
numbers are insane. So the most poor Muslim guy here wants to buy this car in installments, it's
paying way more than his value. And by the time he finishes paying it, the actual value of what he
bought has already has, it's completely lost value. It's not it's not worth and that's not Islamic
		
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			at all. I mean, at the end, you're paying for something that's no longer valuable is actually
problematic, right? So that is the idea of but there are other things just like banks do their bit
more problems that are a problem like this is in itself in its concept. It's not it's not an issue
at all, yes. Is it okay to
		
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			buy the car and sell it to you, if you give me a guarantee that you'll fire?
		
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			Yes. So that guarantee can be offered, a guarantee that you'll buy the car from them, if it meets a
certain description is not a problem, but that's okay.
		
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			But the thing is, even with a guarantee, let's say he stops, because every guarantee that is given,
there's always a way for immediate to pull out with a penalty, and you're stuck with the vehicle,
you took the penalty, maybe it's $500, for me to pull out of this transaction, and now you're stuck
with a vehicle you have to. So there's always risk I mean, there's always risks you have to take
care of. So the thing is, with banks, they don't want to take you want it, they don't want to take
any risk at all, if possible, they want to make as much money as possible with at least with the
least amount of risk as possible. And they want the person who's taking the loan to carry as much
		
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			risk as they can possibly make him carry, right, which makes which by definition makes the person
who has the money, the banks richer and the people who don't have the money poor because risk that's
how risk works, there's always a high probability that risk doesn't work, right that you don't get
what you what you put the money for. So if I'm carrying all the risk all the time, and you're
carrying none of the risks, none of the time, that means who's going to lose here, I'm going to lose
some of the time not all the time, because sometimes it works out, but no loss is going to be on you
because you take no risk. I'm taking all the risks. So if there's going to be any loss is always
		
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			going to be on me. And that's not how economics and that's not how financial systems are supposed to
function. They're supposed to be risk on everyone, when we're when we're when we're running an
economy. And those who are what makes more sense. Those who have the money, who can actually afford
to carry the risk should take the risk, or those who don't have any money who can afford to take the
risk to take the risk, right. So it makes no sense for me to make you take the risk. When you don't
have any money, you don't even have anything, you have no collateral, you have nothing to make up
for this risk. On the other hand, I have all the money, but I'm not really willing to take any of
		
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			the risk. And you're saying the problem with this with it with the flaw of the system, I have all
the money, I'm taking none of the risk. And money is increasing with time you have no money you're
taking you're carrying all the risk and the value of what you had is decreasing by time like your
money is becoming less and less valuable. You have to be very quick and that isn't fair and meaning
to me the odds are stacked up against the person who's taking the loan all the time, and not stacked
up against those who's not taking the look now of course is way more complex than that. They mean
the monetary system of the world today, but that is the gist of simple breakdown of how it all works
		
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			out. Business Loans bank I mean if you don't make
		
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			At profit you can file bankruptcy and defaulting on any bankruptcy doesn't end with you filing it is
a seven year process of you not being able to own a credit card and you may not being able to buy up
to two business it's not as easy as the idea of bankruptcy is a big problem for the individual it
take you a very very long time for you to get out of a bankruptcy is not just okay, I fell for
bankruptcy and now I can start fresh and do it but no, no, no, you know starting fresh they're gonna
get the money from you one way or the other. I mean, you're gonna you're gonna you're gonna have
your there'll be penalties they'll be added to you
		
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			won't get any credit card for seven years. Yeah, no, there's more if you make money during those
seven years you're going to be you're going to get to know it's not as simple as that now I know for
a fact that it's not as simple as that there's more to it than that.
		
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			Within that seven year period what you make the money that you make they take a percentage of that
until the end of that of that period. So it's not as simple so basically when you file for
bankruptcy bankruptcy you're gonna lose seven years of your life in terms of actually making a
profit and living a proper finite within a financial status that you're comfortable in. So look it
up and just you know, I again I'm not I'm not well
		
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			educated in this and in detail I'm just telling you what the Islamic county but perspective is so
cool.
		
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			Call the Abuja mo love and meeting everybody bam. There howdy welcome Bertie. Well my promo for the
Shaffir em Reba is in Golden silver money, currency in my format and food. Right and that's every
other scholars agree to that some of them add to that more they say other other merchandise as well.
They see the ups and anything that is being
		
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			exchanged the exact same thing with with benefit with more money is haram. So if I have a bunch of
these bags are exactly the same. I'm gonna sell you 10 and buy it for 20 of them. Exact same thing.
You do analogy you say that's Haram as well. But that's different upon among scholars, right? That
there's a difference of opinion there. But but in terms of what it's fully agreed upon money, the
hub, currency Silva and Mohammed food, right, anything that is eating whatever you're using them and
we talked about the six the six types of food that are haram and what are the six types.
		
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			So we'll come
		
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			we'll show you the barley Tama
		
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			deeds and mill
		
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			salt forest is the four basically that they all agree upon, that these are the four acres these are
the ones that exist in the Hadith of the prophets of Allah Selim. But I believe that he was giving
examples and a lot of scholars except that's what the they take the jump or to take the trophy
amongst them that he was giving example some of them of how not to Yanni, Sal, and by the same
merchandise with a difference of amounts, because it just it's just it's a backdoor for us doing it.
But yes. Can you explain how they say it is reasonable to buy gold or silver?
		
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			To gold and silver certificates currency? Because currency and crazy money can differ in terms of
the amount that you're buying for something else? A small thing is only one but the currencies are
not the same. Yeah, not the same. Yeah. Okay. So what I do is, they are the heavy the heavy, well
feel but Chicka Chicka inland water feelin knocked down. And it's not permissible for you to buy and
sell gold for gold and silver, silver, except with the exact same amount and then cash on the spot.
That's the only way you're allowed to do it. We can ask the question, Well, why would you do that? I
don't know. But if you're going to do it, that's how you're gonna do it. There's really no reason
		
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			why would I buy your $10 with my $10? If you're gonna do it, you do it exact same amount for the
exact same amount on the spot? No, no time limit, nothing is currency exchange.
		
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			Currency Exchange difference, not the same thing. Because Canadian dollars not exactly the same as
an American dollar. They're different things. They're different.
		
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			He's different, but they also add money on top of that. They need money to buy. Yeah, currency
exchange is a different thing. It's not it's not about currency exchange in its in its essence is
not problematic. But the way that is played today, there's a different issue, maybe the way that
people exploit the difference, the plummeting and the and the spiking of differences of currencies
is more problematic in its own sense, not because I've never specifically but for different reasons,
we'll come to that. There'll be a part where we talk about that in a little bit more detail. But for
now, it's just important that you understand the basic concept of white as haram, what makes it and
		
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			what we're supposed to be looking out for whatever you mean, what are your views, and it's not okay.
MGTOW, who had a builder who
		
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			you're not supposed to sell what you bought until you own it until you have it until it's handed to
you. And this is
		
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			regarding food, specifically, meaning the scholars or have consensus when we're talking about food,
so you shouldn't be selling anything that is edible that you bought until you actually have it with
you mean something that you have in your storages with You mean because if you don't have it yet,
and you've sold it, you don't know what it looks like as food can get ruined. Because food the time
has its effect on food. So if you're selling food that you don't have that you're selling apples,
you don't have the apples yet maybe the apples
		
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			arrive too late. That's not the other guy's problem who sold it to that's your problem because you
haven't you bought something you haven't it hasn't arrived at your doorstep yet. Because if the time
ever arrived you could be have have have it was ruined and you're already bought is sold at someone
else's problematic. Imam Malik specifically said
		
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			that anything besides food is just money, you can sell something you don't have besides food. And a
lot of the scholars continued and followed him on that position. It's very amongst them, whatever,
they will hire one. And now a lot of the examples we find this book are specific to the problems of
the time of the guy who wrote it. So some of it may not seem very interesting to you, but just
that's what he was a problem at the time. So you don't sell let him bit haywire. I mean, I don't
give you 10 pounds of beef and take a 10 pound versus horrible, horrible analogy 20 kilos of beef
and take a 20 kilo calf, or like 15 kilo calf No, if I'm gonna sell meat for me to has to be
		
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			different types of meat and as to be it from a different so I think if you're gonna do a beef, I
should be taking any sheep or cattle instead of it. I don't know why or when they did that. But
apparently that that was something that they did. I think they still do it today on in certain
		
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			trade businesses. So you're not supposed to sell hemp for Haiwan like I actually meet that is
chopped up if you're buying the same animal that this meat was taken from. So based on what you're
saying with the member that would that mean that if you're going to have a car in one month from
now, you can already tell people that you're about to sell it. If you have to buy it, you have to
have something that you have you've already you already bought it, you've paid for it. But you just
haven't. You just haven't right? For some reason. delivering it. It's on its way or you haven't
gotten picked and went and picked it up yet. Okay, you own it. You own it. You own it. If it's not
		
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			food, then you can sell it even if you don't have it with you at the point in my life. Yeah. medica
Jazza was with you want
		
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			when you go to do not shop? Don't the one I mean by that. You're good first trade. And now I
understand why. Yeah, I see. Okay.
		
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			Yeah, yeah, that's exactly right. Yeah. Well, you may have heard he will feel Bertie Winterfell de
la knock down. And it's okay for us to exchange golden currency, golden silver, in a certain in a in
a setting cash. So it has to be done at the at the spot because it's currency and gold because this
changes because the value of currency and gold will change day to day. So if you're gonna exchange
any money, and currency, you do it on the spot right there based on the value of it at the time,
because later on the value will change. And then you have to do it on the previous value. And
there's a lot out there. And there's a level of ambiguity. And it's not as fair. Does that make
		
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			sense? So we're so it comes to currency and money, you can exchange it in the spot, however you want
to exchange it. And I want to be any buy for however much I want to buy it, it has to be done on the
spot. Because there's no there's no fear of you're entering there.
		
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			So you would you would buy it, but you wouldn't pay for it right? Then you pay for it later. The
thing is what I fleeter because because currency and money always are Jani values of one another are
changing constantly people know about it. So if I bought it from you now with a certain rate, and
then later on a change that can open the door for problems to happen in terms of people disagreeing
on the rate or wanting to hold on to the rate of right now not at the rate at the time. Or if
someone knows something's plummeting at the time, and then it planned them goes later and it goes
up. So these type of transaction should happen on the spot. And this is not a matter of full
		
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			agreement amongst all scholars. But with the Shafia, USA example, a person was constantly looking at
Canadian and US currency every single time he saw one of them rising, the other drop, he did the
exchange for the opposite currency that would fit into this, like in terms of it being prohibited,
because the person is always looking for an immediate increase. They're delaying it. They're
swapping, I think I think that problem is not here. I think the problem for that is the issue of
gambling. Because here we enter a form of gambling, where we don't know why this is going up, or why
is going down, we have no understanding of exactly what's happening. I've no indicators of why the
		
00:24:02 --> 00:24:28
			US currency is gonna go up today. We're just looking at the stock market. And it's just a gambler
who sees going up. How do you know that by the time you press the button, it could go down again
that you lost. So you don't know why these things are going up and down. So it turns in a form of
gambling. So it's not really the problem because currencies are different currencies are backed up
by different amounts of gold anyway. And so you're not really you're not entering riba problem here,
some of them are even backed up with gold at all. And that makes it even more complicated in terms
of understanding how much you're gonna buy, how much you're gonna pay for it for each for each one,
		
00:24:28 --> 00:24:59
			but it turns into a form of gambling, and some people they do it and they have like a system of how
to do it. Now, when the system is no longer gambling, but now it becomes exploiting the, the the
market of currencies, it becomes a form of and it's actually illegal. Like, there's something this
is something if you're caught doing like if you're just if all you do is just exchange currency and
you're caught, it's illegal. It's heavily taxed. By the way if you could do it legally, it's heavily
heavily taxed, so you don't make a lot of money off of it because it actually harms because of every
time
		
00:25:00 --> 00:25:33
			And the currency goes down a bit, those who have the currency immediately shifted. And so it
actually makes it go down more and you could rule you can ruin for countries based on on these types
of behaviors. Again, this you need to go into Yanni got to go take macro and micro economics
basically, at university understand the details of how this all works. I don't understand it in
detail exactly how it works. But I'm just telling you, I'm giving you the basic fundamentals of
understanding rebar so that when you're stuck with a problem like this, you know what to look for in
terms of what's hot, and what's not. So what's the difference between taking a risk they mentioned,
		
00:25:34 --> 00:26:10
			where you go into a business or a gamble. So a gamble is not calculated, there's no knowledge,
there's no, you're not having researched anything, you don't have a belief in the product that
you're buying, and you're not, you're not committed to it for a certain period of time investment,
you're taking risk you're investing for, I can't invest in my brother, he's a business for a day.
Now and you're for an hour that that's not an investment that's investing in your business at least
a year. That's why when I when I'm asked about investing, I give a number of conditions that apply
that the actual product that they're using is not haram, that they are not
		
00:26:11 --> 00:26:42
			that you've done research about the product, you've seen something that draws you to believe that
this company is going to make money in the future, because you can see that the other the product is
very unique or their their framework is very unique. So you believe and then you invest for a year,
which is enough time for this company to prove whether it's on its yearly plan or annual plan is
going to make it or not, but but the day, the day investments, I know what people are doing, they're
sitting there instead of playing poker, but just investing because you know, apparently they believe
this is not haram. And that's how long is the same thing. You're just playing or you don't know
		
00:26:42 --> 00:27:15
			what's happening next, you don't know, the Dow is going up or down? You don't know You don't
nothing. You're just just playing it by the some people have a system for it. But I still think even
with that system, it's questionable. Like I do question a bit. Whether that's, it's fully, fully
Okay, fair enough. So if I spent five years learning how to roll a dice, and I mastered that, if I
roll it a certain way, every time it'll lead to six, can I go play on it? Because you know, knowing
that I'm gonna own it? Because that's No, first of all, because what you can't do that. I mean,
that's not even a part of the meaning meaning if they know that you've mastered that, they'll take
		
00:27:15 --> 00:27:44
			you and break your thumbs. And you know, do you ever seen like the movie casino, though, they'll
kill you for that you're not allowed to do that. The whole point of playing this is that it's, it's
only a risk, if you have a system, and they're capable of can you say, well, if a system is no
longer gambling anymore, yeah, but the people that you're doing it with are gambling, and they're
gonna beat you up if they know that you have a system because they're basing it on nothing but luck.
So if you try to base it on something else, you have to do with people who don't base it on luck,
they base it on a system, and then if you want an entrance to a sport, and when suddenly a sport is
		
00:27:44 --> 00:28:06
			no longer gambling anymore, so and then that's a different thing altogether. So so if it turns into
a skill, meaning you've mastered a way to roll, then you have to compete with those have also
mastered that it has to be based on a sport and not based on a gamble but most people are doing this
or not most people all people is just a gamble. I'm just gonna throw and see what we get. So when
you start bringing in a skill first of all, you're breaking the rules of playing this game. So
you've already you've already
		
00:28:08 --> 00:28:45
			violated the rules of doing it for the people that you're doing it with. And that's the hardware
becomes there and not not elsewhere. You shouldn't be playing a game that other people are treating
it as a gamble. If they're pitching as gamble then you should just stick to it to something else to
do okay, well you're using my urgency men have led him to fail the oh sorry. Okay, daddy can Macomb
so we're now we're gonna come up on magnet we're talking also about food, specifically staple food
crops. What I use with a Euro Elgin Seaman having the 311 with the mafia and Napa as for food, you
cannot sell and buy food that are from the exact same taper or that same kind, except exactly the
		
00:28:45 --> 00:29:01
			same amount enough to get on the spot. So here's 10 kilos of wheat, give me 10 kilos of wheat. Now
why would we do that? I don't know, it's not important. But if we're gonna do that, so we're going
to do it I'm going to do with any extra amounts going back and forth where user by urgency mean
happy lady with a foul did a knock there. And it's okay to sell different types of food.
		
00:29:02 --> 00:29:14
			With a foul demand with different amounts knocked on the spot now on the spot is not something we
all agree to, it doesn't have to be on the spot. Specifically, the type of food is a food that does
not get ruined by through time. Like, you know,
		
00:29:15 --> 00:29:36
			anything that is it's a wheat or barley or anything that is that you can dry. So it's a dried up
food, so yields, it'll hold on to his values for a very long time. So you don't have to do it.
nukkad is not something agreed upon amongst all scholars. But when they talked about this, they
didn't have the forms that we have to do in terms of actually preserving food for long for long
periods of time, like we do today, when I used
		
00:29:37 --> 00:30:00
			when I used to buy your inventory, but when I use the way already, meaning it's not okay for us to
sell or buy anything that has ambiguity in it. If there's suspicion and lack of clarity, if you
don't know what you're buying, or you don't know the details of what it is you're buying, then that
is not permissible. The most important part in terms of transactions is that we know what we're
buying in detail. If you don't if you cannot see it, then you have to be able to
		
00:30:00 --> 00:30:24
			Describe it properly. And this is what you when you get it, it has to have the exact and precise
description that it was offered to you. That doesn't happen a lot when you buy things online. Right.
So be careful when you're buying things online, you should be able, there should also always be a
return policy, if what you were given was not what was described to you, because it happens quite a
lot in terms of sizes and quality and the material that things are made of.
		
00:30:25 --> 00:30:27
			And by the way, that is the biggest
		
00:30:28 --> 00:31:02
			point of talking about transactions. What is not impermissible and transaction is by his buying and
selling something that you don't know exactly what it is when it's when it's ambiguous. So buying,
yeah, he just, this is a cabinet, you don't know what's inside. Like, I'll pay $5,000 for it. And
you just open to find out if that's how you don't do that. People do that a lot. And then there's
actually businesses that are based on just buying containers that come off chips, not knowing what's
what's inside of them. Now if you do know that there's a certain amount of something inside and
that's what you're buying, that's what you're putting your money for. You don't really care about
		
00:31:02 --> 00:31:12
			anything else and that's fine. So if I know that in this container is inside this is a is an antique
piano, and I want to buy that piano for $5,000 I don't care about anything else.
		
00:31:13 --> 00:31:25
			I pay $500 Because that's what they won't buy the piano for. Because something else is good. If you
don't get I don't care, then that's okay, because you're buying because you're at least you're
buying something you know is inside. But if you're buying you have no idea which is a good opening,
if I just Jonnie mold and
		
00:31:26 --> 00:32:00
			it could be empty then that's that's problematic, or things that have zero worth I don't even know
worth at all. So that's not okay, because that's another form of gambling all over again. It means
quick, simple. And people people who object to these things are people like making that quick buck.
Everyone likes to make a quick buck. Everyone does. It doesn't make a special you're not different.
You're not unique because you want to make quick money. Everyone wants quick money. Everyone wants
to try and if you feel lucky today, well that's that's literally exactly what what gambling is all
in all in all if you if you're just basing it on, nothing but pure luck, okay? Fossil, nowhere is a
		
00:32:00 --> 00:32:00
			new
		
00:32:03 --> 00:32:11
			paragraph, we're moving on from Biba to transactions will motivate yawns. Also people who are buying
and selling something below theory
		
00:32:13 --> 00:32:14
			with cucumber, no one.
		
00:32:15 --> 00:32:16
			Sorry.
		
00:32:17 --> 00:32:18
			God is
		
00:32:19 --> 00:32:21
			with choice or with option of
		
00:32:22 --> 00:32:54
			filing a transaction. I just wanted to because people were talking so serious, it's as if all you
guys were Yeah, any buying and selling stocks. And now I told you it's not okay. And you're, you're
upset. But yeah, you had the choice with the option to pull out mal Amita. Farrakhan as long as they
have not left one another. So if I'm standing with Brother Emanuel, and we're negotiating to buy
something and sell something, we agree to it, as long as we're still standing here, we can we can
violate this, we can end this invalidate this transaction. So you know what, I don't want to do this
anymore, right? So because the back of them, that's how these things happen. Now, today, it's
		
00:32:54 --> 00:32:58
			happening on the phone, it's happening online, it's happening in different ways. So this specific
		
00:32:59 --> 00:33:07
			ruling only is carried if the way that we're buying and selling is face to face in a transaction
when you're studying
		
00:33:08 --> 00:33:30
			either 30 or 30 Am and the other way to see how about we have the option of via validating, and
validating or violating this transaction for three days. So for three days, we're gonna go home,
think about it, and then three days later, for still good will continue. But within this period of
three days, we can we can end this transaction if they want. So for the Shafia, they specified it
three days, Honeyville, himolla, and Malik.
		
00:33:31 --> 00:33:53
			And I'm gonna say you choose Hajah. Sorry, I was like the Shafia. They say they say three days only.
But even Mallika Hanabi, let's say. I mean, you could have that period for as long as you want. I
mean, you and I can agree that it will be a month we're gonna go estates house, this is a huge piece
of real estate, they will need some time to discover and to think about it to negotiate. So
		
00:33:54 --> 00:34:28
			the Medicare so you can take as long as you want, but don't even show face it only three days, they
don't have much evidence for that. So I would go with the other opinion in terms of if we agree that
we have like a year to think about this, then that's what we agreed to. Because at the end of that
year, then we're gonna actually buy and sell gonna give them money and take the merchandise for it.
Okay, what would you do, Billy, maybe I even fell ill machete or do who, if it is found within the
merchandise that is bought whatever that is, wherever we bought, if we find if we find a defect,
then the person who was buying he has the right to return it and wish to do. And this is a condition
		
00:34:28 --> 00:34:38
			for Islamic transactions. And this is a condition for an Islamic transaction that there has to be
something acceptable. If it's not mean the transaction is no longer Islamic.
		
00:34:40 --> 00:35:00
			Yeah, yeah. So the cost who doesn't do it better than us, meaning you have the right as a Muslim, if
you buy something that turns out to be to have a defect in it, you have the right to return it. If
you're going into transaction where they're telling you even if it's defect, even there's a defect,
we're not going to return it for you. You shouldn't go into that transaction to begin with. Because
now it's because now you don't know
		
00:35:00 --> 00:35:18
			If you have no idea, you don't even see the thing, you're just waiting for it to arrive to you or
you didn't see it in them, it becomes difficult. Well, that's your luck. No, that's just the
gambling. So you have to have the right to return it. If it turns out that there's a defect that
would not allow it to function the way it needs to function. Does that make sense? It's important.
It's an Islamic law. Yeah. In terms of transactions.
		
00:35:19 --> 00:35:28
			been buying, selling? Sorry, most of the time we buy or like they have mistreated the other term
policy most of the time, because it only makes sense. Yeah.
		
00:35:29 --> 00:35:30
			You pay for it.
		
00:35:32 --> 00:35:35
			The seller doesn't, doesn't return it for
		
00:35:37 --> 00:35:57
			like he doesn't pay for the return. You have to return for the shipping. There's a defect you have
to pay for back. Actually, I don't think that's true. I returned. Most of the time that's like that.
Still okay. Yeah, that's, that's, uh, maybe maybe that's not the perfect Yeah, that's not the best
way to do it. Because you're being
		
00:35:58 --> 00:36:27
			the burden more than then you can, because that can turn into a scam, right? You just keep on
sending something sending something that has a defect, and people have to pay back for it. Just keep
on you know, money doesn't go to the. So the only reason that this would be wouldn't be the guy will
see this to be permissible, because he's not taking the money for the return is a different company
that's shipping this that is taking the money for return. And because of that, I can see that that's
acceptable. I don't think it's the best way to do it. Islamically, the buyer, the seller would have
to would have to carry that part. Or at least it should be something somewhere in the middle between
		
00:36:27 --> 00:36:29
			both of us. Yeah. And if something has a defect in it.
		
00:36:32 --> 00:36:41
			So you want it anyway. Yeah, for a different reason. And that's fine. Like this is the container.
Yeah. So you don't care? Yeah. But what happens is, what happens if the container has a defect in
it?
		
00:36:42 --> 00:36:48
			Right? I mean, you want the container, but the container itself came with a defect. So what's inside
of
		
00:36:49 --> 00:36:53
			it? Talking about the example that
		
00:36:55 --> 00:37:05
			you know that there is one Kevin seen it, you're gonna buy it? Yeah. put a price on it. Right. But
if the piano keys are not working, yeah. So that you can?
		
00:37:07 --> 00:37:24
			Yeah, so it depends on why you want it. So what do you want? What do you want it for? You want it as
A N N T, just to put in front of people that you need to be in one piece? If it's all smashed up,
then you don't want it right. So it depends on what you want it for. If you want it to actually
function whenever you have to play it, then you want it to actually, so it depends on what you want
it for. Right? So before the Tarot.
		
00:37:25 --> 00:37:51
			No, that's the thing? Well, there has to be an agreement that it's going to be, there's a
description that we're gonna agree to that the description is important. There's a piano in there,
what is a description of that piano? So you have to tell me what's inside. So you can't be just oh,
there's a piano, but it's just keys all over the place and just nothing. I can't sell you a desk by
giving you a tree and say, Well, you just have to modify the tree a bit, and there'll be a desk for
you know, you have to have to agree to the description of what I'm telling you, right.
		
00:37:53 --> 00:37:56
			I'm thinking of books, five books online. They give you a description.
		
00:37:58 --> 00:37:58
			Yeah.
		
00:38:01 --> 00:38:10
			Even if like half of you still want the other half. This is valuable to you. Yeah, if that's what
you want. But if you're like, No, I need a second hand that has a defect, you have to be able to
return it.
		
00:38:12 --> 00:38:48
			Like, well, it depends on whether you're okay with that or not. It goes back to the buyer. Yeah, it
comes back to the buyer. What are you looking for, like, if you're looking for that last page, it's
not there, then as a director, you have to return it for because you have the right to return if you
didn't get what you were looking for. Okay? When I use your femininity, McLachlan, elaborate IW Do
we follow her. And it is not acceptable to sell fruit on the tree until you can see that it's
ripened. And of course, there's a lot of different disagreement on this. Within the other mme,
especially in parts of the world where this is a common practice. So you want to go and you want to
		
00:38:48 --> 00:38:50
			take take this whole orchard of
		
00:38:51 --> 00:39:14
			oranges. So this orchard of oranges, they're just small little green fruits that aren't even as big
as pebbles are very small at this point. But you want to you want to pay this guy to leave this
orchard for you. Right so if you're buying the actual fruit that's haram because it's not it's not
something you could easily could freeze overnight and all fall off the tree. But if you're paying
him to leave that
		
00:39:16 --> 00:39:45
			to leave not to touch what's on the tree you want to benefit from from the streaming meaning you're
not actually buying the fruit you're buying the right to whatever these trees bring bring forward as
long as being taken care of in terms of irrigation, then that's a different issue mean there's a
because because the price on that will change because you're not actually buying we're buying fruit
then you're saying okay, this is going to be estimation of 10 Tons 10 tons of food is worth this
much. Here's 10 does not like I'm looking at this orchard. I want you to leave this orchard for me I
want to take care of it. I wanna take everything that it produces. This is how much money I'm giving
		
00:39:45 --> 00:39:59
			you mean you have to make the estimation of how much you think with the risk with how much is gonna
get lost, or how much is probably gonna get ruined and may or may not work and then you pay that's a
different end up paying for the fruit. You're paying for the access to the orchard, which is a
different way of looking at things and I think it's it
		
00:40:00 --> 00:40:01
			It is an important
		
00:40:02 --> 00:40:04
			Yani manager or, or
		
00:40:05 --> 00:40:12
			I would also have ease like an offer of ease that people who do who work in this interesting need in
order for them to actually take care of
		
00:40:13 --> 00:40:28
			continue to do to do their business. But again, this is something that you and I don't really see on
a daily basis. And there's a lot of argument that we don't need to go into, into, by, like, by
example, washing machine or refrigerator. Most of the shopkeeper say, once you take it this monitor.
		
00:40:30 --> 00:40:35
			So it's in the shop, you have the right to test it and see how it works and, and then take it.
		
00:40:36 --> 00:40:38
			So if you don't, if you don't do that, that's your problem.
		
00:40:40 --> 00:40:40
			Like,
		
00:40:41 --> 00:41:10
			no, you can test it, no, you can wash your machine. So it's a new washer, whether you have a
warranty on it, if you have a warranty, most of them have warranties on them, like almost everything
that is new has a warranty on only was used. That's why it's misused, and I'm telling you as is
right, then you have to be okay. Even if it's not working for you, you accept the fact that it's not
working, you're buying it, whether it's working or not, that's your intention. But if you're buying
it, then no has to be working, then you have to have the option of returning it. If it's not, if
they tell you no you don't get it off, here is nothing you don't buy it, or you have to be okay.
		
00:41:10 --> 00:41:28
			Like he said, it's not going to be working you have to be okay with that meaning you have accepted
that once you bought that you're gonna benefit it, even if it's not working and have someone come
and fix it for you or something like that, or you get to test it. But here we're talking about
getting food, which is a different thing. Whatever your mafia Rebbe agency he or not the 111.
		
00:41:29 --> 00:42:04
			So you can buy and sell something that is exact, you can buy and sell the exact same thing, not one
agency document when it comes to fluids or liquids, except lemon. So when it comes to Haleem, if
you're selling Haleema, to me give you 10 kilos of honey even give me five kilos of cheese or about
Ichi or something like that, the scholars have seen that to be permissible, because the effort
that's being put by the other person to actually turn it into something that is edible, or that is
useful. So when we're buying and selling liquids, it should be the exact same just like we do for
food and for everything else, except for for the dairy products that are going to be modified after
		
00:42:04 --> 00:42:29
			we buy and sell them because they have different values when we when we do that, based on the person
who's making the recipe that hasn't. Okay, again, these are very specific examples to the time that
he was environmental body. So what are some of the before we move forward, we're talking about the
sleeve now a seminal moment was an important part of basically we're talking about ordering things
online, ordering anything. So what are the conditions that exist for that? So before we do that,
what let's talk about a few of
		
00:42:30 --> 00:42:48
			the fundamental principles in terms of buying and selling us. Just before we go into that, yes,
buying like used car, like for example, like, like, might be able to check out the car and
everything, but there might be defects on it later on.
		
00:42:51 --> 00:42:56
			So as long as you are given the chance to take a look at it, it's your problem from now on.
		
00:42:57 --> 00:43:24
			It will wouldn't be your problem, it would be it wouldn't be their problem if you didn't get to see
the car at all. And they told you no, this is working. This is working. This is working. You paid
them and they gave you the card that's not working. Right. But if you got here's the car, go crazy.
Take a look at the car, do what you want. Once you've seen the car, pay the money and leave, you
gotta come see well it turned out this wasn't working your problem you look at the car was there
take a look, do it do what to do what you wanted to do. That makes sense. So once you have access to
the actual merchandise, if you're gonna pay for it, that's your problem. It was your lack of skill,
		
00:43:24 --> 00:43:39
			lack of knowledge, lack of experience that cause you not to be able to buy something that you
actually were going to benefit from. That makes sense. The problem is is ambiguity, no ambiguity,
right? When you're buying something ambiguity can be either so false description
		
00:43:46 --> 00:43:50
			for something unseen, or something unseen.
		
00:43:53 --> 00:43:58
			Right, so for something, a false description of something that is unseen
		
00:44:00 --> 00:44:01
			or buying
		
00:44:03 --> 00:44:04
			something unknown
		
00:44:06 --> 00:44:10
			is buying an unknown. Like I said, was it whatever is in that cabinet?
		
00:44:11 --> 00:44:44
			But I don't know what's in it and you don't know what's in it? Yeah, I'm just gonna pay 5000 I may
find something that's worth 1000 I could find something worth a million right so buying a note or
false description of something unseen if it's if it's seen like your example. It's your problem with
that moment on. I'm gonna sell you this board. Come take a look at it. Maybe working may not be
working. Take a look. You're good. Give me the money. You take it you pick it up it falls to pieces
your problem not mine you tell you was there in front of you but took a look. I didn't say anything.
I just showed you the merchandise itself. But if I told you I'm gonna, I wasn't here and I'm gonna
		
00:44:44 --> 00:44:59
			sell you this board. Right? It works. It's functional. I described it to you. You gave me the money
you take it picked it up. It wasn't like I described then you have the right to return it and I have
to give you back the money. But it was there as your problem. So when it comes to use cars, if you
have experience you go, you go to the mark and you take a look and if you know what you're doing
then you get a call.
		
00:45:00 --> 00:45:10
			If you don't know what you're doing, and you get you get screwed over with a car that you're not
gonna actually benefit from. So it comes back to your money, your knowledge, another principle that
we established
		
00:45:11 --> 00:45:12
			was that a bomb
		
00:45:16 --> 00:45:17
			is increasing
		
00:45:26 --> 00:45:27
			money value
		
00:45:29 --> 00:45:32
			with loans through time.
		
00:45:36 --> 00:46:08
			Everything that is haram, every buck comes back to this simple idea do you guys get that from me is
very important because there's room in the seat, editable formula and all these different types of
labor when you study. But they all come back to this simple idea that you're not allowed to lend
money, and just make money based on time progressing. Because of that loan. If I lend you 100, and
you pay me back 100. Now there could be ponding on EBA assets, there can be all these other
different details, you just can't continue to increase based on money. And then all the different
details of ever being haram comes back to this. That's why you're not allowed to buy money with
		
00:46:08 --> 00:46:30
			money, except the exact same amount to buy currency with currency, same currency. Amount, I can't
buy food with food, unless I'm using the same amount it was the same thing. It was different
different things, different types of food or different types of buying different types of currency,
then you can go ahead and you can do it in any way that you want. Because now you're playing the
risk of the amount of the value of what you're actually buying. Some people say that this principle
applies doesn't apply your
		
00:46:31 --> 00:46:59
			loan for business and personal use, like day to day consumables. How do you mean, some people say
that this principle is only far this principle is the most is the only principle that we have? This
is for everything. So I don't know what what do you mean? Give me an example. Someone money to buy
like your sugar kind of thing consumables. But if you give this money to someone to run a business,
then it's okay to make the money on this
		
00:47:01 --> 00:47:04
			cycle. But I don't understand your question at all.
		
00:47:06 --> 00:47:07
			lending money for consumer
		
00:47:10 --> 00:47:24
			doesn't make a difference. Mix makes no difference at all. If you're gonna do it for business, it
turns into investment if you want to make a difference. Investing is different thing investing is
carrying risk in Riba and the problem with riba the loner
		
00:47:26 --> 00:47:27
			has all the money
		
00:47:31 --> 00:47:34
			carries none of the risk, carries no risk.
		
00:47:36 --> 00:48:09
			This is the problem, he has all the money, he carries none of the risk. The the guy who's loaning
the money, the money who's lending, I taking the money. He's the one who has no money, and he's
taking all the risk. And that is the problem. So when I invest in you, I am actually seeing that I'm
accepting the fact that there's a risk that you may make money, you may not make money, if you lose,
I lose with you, whatever it is, you lost, okay, you still owe me the money, the amount that I gave
you and my profit on top, but I didn't make a profit. I don't care. It's your problem. So I would in
that's what I did. But it's it doesn't make a difference with this consumables or this businesses
		
00:48:09 --> 00:48:36
			makes no difference at all, isn't a loner taking a risk of the person defaulting and not paying you.
That's why That's why we have laws and so you have countries and so it didn't ever happen to the
risk of that is not really a risk. That's there's always a risk of someone breaking the law. It's
always a risk of someone breaking the law at all times. But as long as there's a law, then you're
not really taking a risk, because the law will will make up for your for your losses. But we were
talking about without breaking the law, you're not really making you're not playing a risk
whatsoever.
		
00:48:38 --> 00:48:45
			One more point, like, can say that the only thought those business who have never been lost.
		
00:48:46 --> 00:49:16
			There's no such thing. When you're talking about business never been alive, there's always a
possibility of a business losing. Yeah, that's, that's just so they're basing on statistics. And I
understand that statistically doesn't lose. But there's always a possibility that this loses
anything can lose and anything can win money. The idea of okay, here go I'm investing in you is me
accepting risk? Well, it's a very simple thing. Well, 90 Understanding isn't very difficult. It's
just a few topic, it's just this one year, see this.
		
00:49:17 --> 00:49:52
			And through time increasing through time, these are the these are the issues, I have to accept risk
of I'm going to work with money if I'm not accepting risk. That's a problem. That is a guarantee
that I don't lose money. Meaning I am rich, I will continue to be rich or I will get richer, right
for you. The probabilities are playing against you, the odds are all stacked up against you. You
don't have money, there's a really high risk that you even have less money very soon. And if you
make money will make a small leap because you're being burdened with all this debt, all this
interest, all the zoom, but that JSON feedback, but when we play in fear, it makes more sense
		
00:49:52 --> 00:50:00
			because you have money or the person who's learning has money. So when he's playing a risk, he's not
he's losing some of that money, but he still has a lot left but the person
		
00:50:00 --> 00:50:12
			Isn't who doesn't he doesn't have anything He doesn't hate already He's already a little Why would
you ask for a loan? If you didn't need if you had the cash he wouldn't ask for a loan right? So no
one would ask for loans that actually the cashier didn't have money to begin with. Okay.
		
00:50:15 --> 00:50:50
			So last time I want to explain to you guys go back to I put four exceptions for a Muslim to enter a
contract a contract that has been it's the problem with us is not paying an opinion it was haram all
the time. But for you to enter a contract that has been in it is the problem even if you never pay
one cent of labor throughout the whole contract. signing something that has a possibility of there
is a problem is Hold on. So Are there exceptions I put like down last night for exceptions and we
explained them in detail. So go back to last time and listen to it, if you want to know more about
what what what exceptions exist, credit cards, student loans are agreed upon, and to an agreed upon
		
00:50:50 --> 00:51:02
			mortgages for houses and life insurance. So those are those are the ones to ones that people don't,
don't agree upon. But you can find the breakdown or the scientific Islamic breakdown that I believe
is more most any
		
00:51:03 --> 00:51:39
			proper regarding those issues and shut up. Okay, let's say let's say $100 million, and I want to
help the community and I want to buy them all houses. Of course, I'm gonna tell them alright, I'm
gonna give it to you for more than because you're doing in payments, otherwise, you go by yourself.
So I'm not gonna give them a crazy rate, but like a fair rate, but then every other month, they'll
come to me say, Oh, well, I couldn't pay it this month. I couldn't pay that month. So are there laws
that dictate something for that? Don't I make these laws are like no, the government these laws,
meaning if someone, if you get sold someone, something, it didn't pay you what you sold, now you got
		
00:51:39 --> 00:52:09
			to rip Kenny reclaim, reclaim the property that you sold them, and you got and you're allowed to
take any damage of what he made for that property. And they're trying to make so you don't lose.
From a legal perspective, the law is always there to make sure that you don't lose. We're not
talking about someone breaking the law or trying to make you lose, we're talking about without
breaking the law. Right. Breaking the law is a different thing. If someone's gonna break the law,
there's always a chance that you Yeah, and even when I'm doing it face to face that he takes the
thing and before he puts the money in my honey and he runs and he breaks a lot and there's always a
		
00:52:09 --> 00:52:43
			chance of losing money, the person who breaks the London lock can't can actually get him to do it.
But that's not that's not the issue here. And when you do that you pay increased amounts you make
make more you make money long term, as long as the law is there to to enforce these, these
legalities. So if the law says we had to pay like a certain percentage extra, that wouldn't be kind
of noisy, that's not really the law. That's something that buyers and sellers agreed to the law
doesn't doesn't force someone to pay. But it's just that's what the norm is amongst consumers and
banks and trade companies or people that people are doing trade. But the lies in what the law does
		
00:52:43 --> 00:53:06
			it enforces that people who write in agreement, follow through with that agreement. So if I wrote an
agreement with you that you're going to pay me something you didn't I take it to the courts and the
courts will force you to pay or they'll compensate me in a way that is fair. Right. And that's what
the law does. But the law doesn't dictate that you have to pay riba for anything. Yes. Yes, go
ahead. Yeah. So you're saying there's two conditions, one is increase over time about
		
00:53:07 --> 00:53:18
			interest. And then the other is risk. So people who work in this business, they believe that leaving
me alone or giving someone money is taking risk?
		
00:53:19 --> 00:53:21
			Nine if the law is not broken?
		
00:53:22 --> 00:53:35
			Not if the law is not broken? If the law is broken, yeah, it's a risk. If I break the law, I take
your money and run, then yeah, you lose. But if as long as I'm alive, and I'm here, there's always
ways for you for the law to compensate you for that.
		
00:53:37 --> 00:53:40
			Mistake, money, the possibilities of
		
00:53:42 --> 00:53:46
			lending money, so lending money with riba
		
00:53:47 --> 00:54:21
			so lending money with riba with riba you will never lose unless the law is broken. Investing, you
could lose without the law being broken. So if you're not losing money, if you're never losing
money, as long as the law is not broken, that means you're not taking any risk really not breaking
the law. You just got to pay back. Yeah, you'll get compensated there's, there's there's insurance
companies that you're the collection agency, there's insurances on these loans, they don't, you're
never actually losing that person will always owe you that money. So that person he will owe you
that money. And his inheritance will only be that money that money is always owed to you. You're not
		
00:54:21 --> 00:54:52
			losing it's not there. Maybe you're not collecting it when to when you want to collect it, but it's
always in your them. It's always in there them but for you, it's always for you, as long as the law
is there to identify that money being for you. But when he breaks the law, then yeah, you could use
your money you could run go to different country, no one can get him again. But investing is the
concept of you taking risk, whether the law is great. Without the law, being broken is just a normal
part of business. You could lose money, but remember, the concept is as long as the law is there to
be enforced, you're not going to lose anything because you're always going to find an asset to take
		
00:54:53 --> 00:55:00
			in return. Because usually it's not really money. It's assets that you're gonna end up taking. You
don't loan money to people, unless they have some assets. So some
		
00:55:00 --> 00:55:25
			where someone has nothing at all, you're not no one's gonna give him $100,000 No one will give him
even shark loan sharks won't do it, you have to have something because they're looking what how many
of you will pay back so that the lie that wants to come in take something they can collect something
from you, that is that is worth what I what I lent you. So that is the concept guys are those who
say we carry risk, you don't really carry risk. It's an even if forget what they say, look at the
practicality of this.
		
00:55:27 --> 00:55:56
			Those who are rich in the banks are just getting richer and, and every else is not. So it's not very
hard to even if we're going to argue with the risk, whether it's there or not the practicum the
actual Yani results of these things are speak for themselves in terms of who's actually carrying the
risk here and who's not and who's not getting the risk, out of a million out of 100,000
transactions, maybe the banks will lose on one, because it's so much easier, but they make millions
more than they would ever. And it's and it's the consumers, the person who's taking the loan, who is
always constantly being burdened with more and more of any of that debt. I'm not saying that people
		
00:55:56 --> 00:56:26
			have to loan money for free. I'm not saying that we have, but there are other ways to do things
yesterday, but not an option. What we could do instead of it to the alternative. I'm not here to
tell you the alternative. I'm not an economist, but I'm telling you what's not an option Islamically
it's time money, that is not an option. Think beyond that, think a wave does not okay, think now
what you want to do, think what we can do think of things that we can do in order for people who
have money to be more encouraged to invest into loan and to help people you know, make more money,
think this is not an option. Lending based on data is not one, right? Just leave that alone. And
		
00:56:26 --> 00:56:34
			then you will find a way and we'll there are ways in there and people will come up with with
alternatives inshallah. Okay, let me move on to the next point.
		
00:56:36 --> 00:56:43
			We actually make some progress today, where we're gonna talk about the center, Mr. Lim is to sleep.
Right. So the word Salam that they use in the books of filth
		
00:56:45 --> 00:56:48
			As Salam equals disbelief,
		
00:56:49 --> 00:56:54
			you if you're impaired, because the first language, which is ordering,
		
00:56:55 --> 00:56:56
			ordering goods,
		
00:56:59 --> 00:57:00
			you know, order something.
		
00:57:01 --> 00:57:02
			So what happens when you order something
		
00:57:04 --> 00:57:05
			in that transaction, what happens there,
		
00:57:07 --> 00:57:44
			up up upfront, and you wait for your goods to come, right? So you've already paid. And this is
exactly how it was online all the time, you want something you pay for it fully, you don't pay for
half of it, or you pay for the whole thing. And then you wait for it to be brought into. So the
goods come in later. But the money is given upfront, it's got the sleeve, sellable, Harlan, Jen
FEMA, to Camila fee, Hamster shadow, and ordering goods, any sort of just leave giving money
upfront. So the example was gonna give you before the event was if you were building a table for you
came and said, I want to build me a table. And I tell you, Okay, I build you a table is gonna be
		
00:57:44 --> 00:58:15
			$1,000 for this table that I build you. And I tell you, can you can you pay me up front? And I'll
give you the table later. So you could say yes, that's called sedum, and it's got the sleeve that's
called ordering goods, basically, or you can say, No, I'll give you the money. Once the table is
ready. We can we can do it then. So there's more than one way to do this. So is this something
acceptable assignment, we said a minute is permissible to do Saddam had no agenda, meaning whether
the good is ready, or it's going to be made later and was made later like the example of the table.
So whether it's actually there, but it's going to be delivered to you later, or it's actually not
		
00:58:15 --> 00:58:38
			made yet and you're gonna be prepared for a few in a future time. Now, FEMA TOCOM, and FE comes in
some in a situation with five conditions. These conditions aren't all prophetic, neither are not
taking off from pure evidence of the Quran and Sunnah. However, what they are, is they are the
conditions that the mom or the Shaggy and the different mother have
		
00:58:40 --> 00:59:16
			came up with based on observations of these transactions happening during their time. So a lot of
these ones, a lot of the most of the ones here aren't actually very accurate, though, it's the first
one that we fully agree to, and that is agreed upon for all scholars and all times the first one on
your corner, on the sofa, meaning that what you're ordering is weld is defined perfectly through
description, it has to be described perfectly, meaning I'm going to pay you for a good, you're going
to bring it to me later, it's going to be delivered to me, it has to be exactly the way that it was
described, it was not the way it's described, this transaction is invalid, and then you have to take
		
00:59:16 --> 00:59:31
			your money back to the boat and the surfer has to be something that we have properly, properly
defined in his description. And that's the one that we all agree upon. That's the number one after
that, all the other conditions are just to make sure that that happens. So just to kind of
		
00:59:32 --> 00:59:59
			spin off conditions. So the first one in your corner, Jensen limb, you have to be here has to be
one. June semi has to be one thing, one species or one type or one kind. Let me be real, there
hasn't been mixed with a different kind. Meaning if you're meaning it's harder that way for you to
describe what it actually is if you want it but there are two kinds that have been mushed together.
You're not sure how much of this and how much of that and you're buying something that is ambiguous
meaning Yeah,
		
01:00:00 --> 01:00:34
			You don't know exactly how much you're getting is you're getting buying a mix of nuts, and cashews
and Yanni and peanuts, and they're coming together. But you don't know how much of each is there.
And that's problematic because they may send you like a blonde a penis with one cashew inside of it,
right? Because it's not because you're not able to distribute is going to differentiate the value
and the weight of the two things that you're buying. So again, these are, these are things that you
can work around. I mean, it could be a norm within the industry industry that people agreed on,
that's fine. But the scholars, when they put these conditions in their minds are thinking of how to
		
01:00:34 --> 01:00:57
			make sure that you're not gonna get ripped off on your order or good when it comes to you enough
that we that you wanted it. And then you were like, Well, I told you, it's gonna be peanuts and
cashews, I didn't tell you how much. That's why well, maybe then we have to put a condition to make
sure that doesn't happen. So that's what scholars do. For behind that's their job is that they
observe transactions, the observed problems and societies, and they put Islamic regulations on it so
that you don't get ripped off. So there's no ambiguity, and we're not
		
01:01:00 --> 01:01:40
			selling people something that they're not actually trying to buy it. We're not having haram being
entered into the transactions that we're getting people involved in. The third one that he put what
I'm trying to call who narrow alley, Hala tea. And so it's something that is not subject to fire or
to heat. And in this condition, is regarding things that we cannot we don't know the effect of fire
upon. So you can't buy a you shouldn't be buying something that is being subjected to fire. Because
you because you don't know how much fire and then what the effect of that if you're going to order.
So ordering food would be an example for them. But because we can identify the effect that fire is
		
01:01:40 --> 01:02:13
			going to have on the food. We know what were the description of what we're buying. It's not
something that we don't know what the description what what the effect of of heat is going to be
upon. Again, the the examples of these things were specific back to a time when sometimes moving
something under the sun for a long period of time could actually change its properties. And then you
wouldn't want it anymore after they arrived to you that make sense. So these are examples that the
scholars would think of based on the problems they had Yani in terms of buying and selling things.
And ordering goods. Well they Hakuna Matata Yellin Well, I'm in Wigan, and this is more talking
		
01:02:13 --> 01:02:25
			about it shouldn't be something that is right then and there, or it's no longer selling, it's no
longer ordering goods. If I'm ordering a good but the good is right there, there's not ordering
goods anymore. And we shouldn't be using that term. I shouldn't be paying you upfront, even though
the thing that I want his right turns in your hand.
		
01:02:26 --> 01:02:44
			It's right there, just give it to me, why are you not giving it to me later. Now, that's problematic
mean for ordering goods, either it takes time to arrive, or it's not ready yet, you're still
billing, if it's right there in your hand, and I'm paying it for you, I'm not gonna give it to me
now, that's not selling anymore, that's not ordering goods, it's a different thing. And there are
different conditions that apply to,
		
01:02:45 --> 01:03:02
			to paying for something than taking it on a different date. Or it has to be a reason when I'm in why
human beings shouldn't be ordering something from a specific place. That is an identified in terms
of its of its availability. And so if you're ordering
		
01:03:05 --> 01:03:36
			a wallet from a very small company that sometimes inconsistent and in the number of wallets that is
able to produce that you shouldn't be ordering goods from that place, you order goods from a place
that is consistent, and then the amount of merchandise that is capable of producing again, the
reason for this is that they they noticed that when you do that back then in the times that they
were in that when you order it or ordered goods from a place that it wasn't very consistent, you'd
end up being ripped off and you would pay your money, the money would be spent and then you wouldn't
get what you wanted. Because there's not a level of credibility, that not enough credibility for
		
01:03:36 --> 01:03:37
			what it is that you ordered in the first place. Yes.
		
01:03:39 --> 01:03:40
			airplane tickets,
		
01:03:41 --> 01:03:42
			airplane tickets.
		
01:03:43 --> 01:03:51
			Because you're not ordering a good you're buying a service, then there's no seat. Yeah, but that's
that's different. That's very different because
		
01:03:52 --> 01:04:24
			it's inconsistent, but it's not, it's not, it's not ordering goods, that's number one, it means
you're actually not delivering something to you. That's one thing. The second thing is, is that when
you buy tickets, the thing is we don't read whatever the word is, I agree and accept, you just press
the checkmark and press OK. You never read a string. Put your hand if you've ever written read
anything, put your hand down you've never read any of that before no one ever reads these things.
They're just they're just there to impress I agree and okay, but actually in those conditions when
you're ordering if you're buying tickets online, they tell you that this is not a we're not
		
01:04:24 --> 01:04:43
			guaranteeing you that you're going to be on the flight this is just you need putting down a payment
for something that may be available and may not be available will give the money back to this not
available so they're telling you they're not to do ambiguity here. The only ambiguity that exists is
because we don't read the actual conditions of what we're doing. But if you read it it there's no
lying in the
		
01:04:46 --> 01:04:59
			plan. You have automatic renewal. Sure, and then they tell you in the thing that we all read it so
then it renews for you're like oh no I spent another $90 or something I didn't want to when they
first bought it then you've already lost the money and they won't give it back to you. But it's your
problem because you know
		
01:05:00 --> 01:05:00
			read it properly, right?
		
01:05:02 --> 01:05:05
			Terms and Conditions. Like that's how you go read this book.
		
01:05:06 --> 01:05:17
			Yeah, well, I guess so those are those are the conditions that exist for for ordering goods, what
you're what you're left with really no, I agree. But I just see it is what it is Yanni we're
		
01:05:18 --> 01:05:35
			I made these may You make you make these mistakes in the Learn, the main condition for ordering
goods, there has to be perfectly defined through description, you have to know what you're buying.
And then it has to arrive the way it was described in the first place. And there should be no
ambiguity in the description of the goods that you're ordering because you're paying money upfront
for it.
		
01:05:37 --> 01:05:54
			So what if, like, for example, if they you buying something from somebody, and they usually order
things, right? For example, there's something that's been sitting in the shop for a really long time
and all that wants to tell you that we said no, I want you to like when you order it, and you give
me the new one.
		
01:05:55 --> 01:06:11
			Okay, so what's what's the problem with 1020? We asked him a question like this, like, is it okay
for him to like for somebody to wait and even though there's something like they're physically
there, but you asked for the new one that's not there, right? Yeah. Okay, that's what you asked for
the new wait for the new one to come in.
		
01:06:12 --> 01:06:47
			Can we You were very clear what you wanted. You didn't want what the one day you want the next one?
Fine. We'll wait for the next one. And we'll give it to you. I needed it. There's a reason for that
even there's no reason for that, you have the ability to make that condition if you if you if you
care to make that condition. Okay, we're not done with with with a salon, we haven't enough time for
you to finish the conditions of the contract of ordering goods to be valid. There are eight
conditions to murli so haughty, and loosen any fee that are near too short. For the contract of this
ordering goods to be valid Islamically there are a number of conditions again, these conditions come
		
01:06:47 --> 01:07:13
			back to one or two basic ideas and the rest are things that scholars added based on what they
observed during the times that they were living in the first one he Anil Sefa who by the decree
agency he went away he will see fertility Academy phobia Thurman he has to describe to you coffee
tells you what it is, and what type it is or what kind of is whatever it is that you're ordering, he
has to describe to you based on the description the features that would make the value different
		
01:07:14 --> 01:07:53
			you have to tell you the features that would make the value different so if you're buying this from
me, I don't have to tell you the color because that doesn't change the value of it right unless for
some reason the paint that is used for a red racer and is different than I've had to tell you I will
have to tell you that the issue is that the features that would make this change in its in its value
based on what's inside trying to tell you the type of fabric that is used outside and the level how
the density or the thickness of it and the material used inside because that changes the value but
what does it tell you something that wouldn't change the value but I have to tell you everything
		
01:07:53 --> 01:08:23
			that would change the value so that's the first condition what could be my in future highlighter and
who and for him to explain that in detail enough for you to be able to know the differences mean it
has to be no it has to be no ignorance regarding you can't you shouldn't be surprised at what you
get you shouldn't be surprised with what you get if you get something you haven't been described
well enough so that you don't feel that you are ignorant towards what you're going to get yeah has
to be enough that you know and you're comfortable with what has been described for you in addition
		
01:08:25 --> 01:08:51
			to the condition for the contract of me ordering the goods to be valid Islamically I mean these are
these things have to be met these are the conditions have to be met for this contract to be proper
number three when Kenema agenne DAKKA Dakka Mahi if we're going to give it to me later than we have
to agree on when it's going to arrive or at least give me a range it has to be within a range of IV
agreed that's gonna be arriving on March 20 30th or between March 31 and April 8 It has to arrive
during that period if it doesn't then there's a penalty that is
		
01:08:52 --> 01:09:25
			established and then I pay less so you give me back your refund me a certain amount if it's not
after that when when you're called mo Jordan and Dallas volleyball and for the for the merchandise
that you bought to be to exist on the time that we agreed I mean it has to be there if it's
something that's being made it should be made by them if we see that the tank should be made by then
it was not delivered at least you should be needing the actual thing should be there and that is the
prominent position for the chef yeah yeah. When young Cora mold Jakob the hip and for the delivery
point of that good to be agreed upon where it's going to be delivered all these things are met by
		
01:09:25 --> 01:09:55
			the way in an online purchasing all these slimy are totally met like none of them are that's why
it's no problem our ordering the light we agree where it's gonna be delivered. I can't just say oh
deliver it to me and then wherever I am, I'm just traveling have to come to me No, it has to be a
certain point where we agreed where you're going to and the time has to be agreed upon. When you're
calling a feminine human being the the amount of money that I paid you has to be something that is
agreed upon it can't be just whatever's in my pocket. I will order that good based on whatever is on
my bucket. No we have to agree on a certain number and I'll give you that number properly. When you
		
01:09:55 --> 01:09:59
			talk bla bla bla at the federal before we part ways we should we should pay the money
		
01:10:00 --> 01:10:30
			meaning I shouldn't I say, Okay, I'm gonna order this good. They'll pay you later. No, I should pay
you now, not later I pay, you know. And that's why when you're ordering things online, you pay
immediately invest the Islamic way of doing things you pay immediately when you're going out to do
selling me Now Jason Laird, who here is short. And the contract that has this ordering goods has to
be final it can be, we're going to take the option to to shopping, remember the careless jumpers,
the option time for us to think about whether we want to do this or not. Since you're ordering
goods, you don't get that option. When you pay you pay. Now when I'm buying something right from you
		
01:10:30 --> 01:10:56
			is in your hand and the money's in my hand. And we agreed upon buying this and selling this, we can
take three days to think about it, we can think about I can give you the money, and I can take the
merchandise and we can think about it for three days, right. And then after three days, I can say
don't want this, give it back. And then you can be back my money as long as they haven't harmed or
damaged the thing that I took from you, right. But when it comes to ordering goods, that can be the
thing, once I pay you the money, you don't get to say three days later that you don't want it
anymore because you could because it could have shipped, or I could have already started making it.
		
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			And now I'm making them halfway through, you can't see that you don't want it anymore, you already
paid for this. So he on the shelf have the option of you not wanting the merchandise anymore. When
it comes to ordering goods doesn't exist. The contract has to be final in terms of you wanting that
good note the good comes to you and it's not the way it was described. That's a different thing. We
described it falsely, then you don't you had to give the money back. But if it's what you describe
what you wanted, you don't get to choose. But when we're buying something, I can give you the money,
you give me the phone, right three days later, or whatever period that we agree upon, sometimes the
		
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			30 day, or 60 Day Jonnie, Jonnie return, kinda, that's fine, as long as you agree to that, we can
return. But when it comes to Senem, when it comes to Yanni ordering goods, there's no time for you
to return this, or there shouldn't be an option time for you to actually want it or not want it you
already paid the money for it. So that is those are the conditions regarding ordering goods, most of
them don't really apply today or not not as important because there were specific to a time where
these transactions happen in a certain way. What you need to know when you're ordering goods is it
has to it has to be perfectly described so that you know exactly what you're getting, you have to
		
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			pay upfront and you shouldn't be able to pull out of this transaction at any point. Those are the
those are the conditions that you need to know in terms of ordering goods. I'll stop with that. And
Charlotte next time we'll continue we'll talk about panning when you find something was a very very
important part of understanding because when you're talking about it, but without that being
something clear to you you won't understand how it works and if you understand the concept of
putting assets when you're giving loans, then you won't really understand how how white it was haram
or how to what degree is haram will continue that show and extensive academic shouldn't be in the
		
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			interest of failing to be legal some of us