Essential Fiqh Class – Sunday February 21, 2021

Daood Butt

Channel: Daood Butt

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Sam Weiland abhi Kareem and he follows sada to Adam taslim rubbish roughly sorry way acidity, Emily, Emily, Sonia, Gabor Cody, my brothers, my sisters SNM or any

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of our cattle

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it is 21 to 21 February 21 2021. And we are going to continue our class on essential thick going through the chapter of business and business transactions. Before we get into that we'll give people a minute or two to, to login.

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Yeah, you know what I got to set up that way, there's a way of actually letting people know that you're about to go live so they'll get a notification about a minute or two in advance that way it gives them time to get on. The reason why I don't use it is because I live stream 2456 different places and very soon to seven different places inshallah. And it's, I'm using three different devices, so I can't put that notification out and in so many different places. So we just got to wait a little bit, we just gotta, you know, give people the time get yourself set up, you know, get your popcorn.

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Get your Shai in your tomato.

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You know, get yourselves ready. Get your Massimo pizza, just pick some of that up from Paramount villa. They just launched the new pizza in Milton at Paramount. And for those of you that have not tried it yet, but you probably haven't because it pretty much just launched.

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Try it. I just just ate a slice and it was really good, like a proper Italian pizza hamdulillah.

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So,

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I see that Hasib just joined the house if you want me to deliver some pizza to your place.

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So we're going to continue now in sha Allah who to Allah, it is Sunday night, we don't want to take too long.

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And oh, yes, sorry. I forgot about the Pakistanis. They need their Chai, right. So

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j for the Pakistanis shy for the Arabs.

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Tea for the British and the Scottish and coffee for me if anyone's got any, just kidding.

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Okay, so we looked at

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encouragement to provide for oneself and the importance of going out early in the morning to earn right not only to earn, but to just be active in the mornings how the Prophet sallallahu alayhi wa sallam said,

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Oh, Allah bless my nation in its early hours. So it's important to be early risers. As difficult as that is, especially during the pandemic.

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I found that even myself, you know, going to sleep early used to be a thing, and now it's more a matter of the past.

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So we continue today, looking at what we should say when we enter the marketplace, or when we enter a shopping mall, during the time of the Prophet sallallahu alayhi wa sallam.

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If you look at mustard and nabawi, so I will use this word stuck to the bottom of this post it notes stuck to the bottom of my remote. There we go.

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So let's just say this is mustard. Right? And the good luck is this way, okay? facing the North, even though in Medina it's facing the South.

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So if you're praying and mustard and W and you're praying towards the front of the mustard, which is this way to the right side, as you're facing the goodwill on the right side, that was the market place in Medina. So they would pray for Joe, stay there until the sun rose, pray their prayer, make dua and then leave and go to the market. Right they would start to trade Buying and selling.

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And nowadays, we have what we call shopping malls, restaurants, stores, businesses, online, e commerce is a really big thing at our time. Now. Shopping malls are kind of a thing of the past, especially due to the pandemic. Lots of people are not really going into shopping malls, and lots of shopping malls are not even open. So it's e commerce and it's not a matter of going to buy things in the morning, right? We should be going to sell things or we should be doing our business our work. If you need to prepare slides or something, use the morning if you need to. Consult with people use the morning, if it depends on what you're doing. So basically maximize from your mornings. But when

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you're entering the marketplace, wherever it is that you're going to buy it.

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So let's say you're going to superstore you're going to Walmart or you're going to a shopping mall, or you're going to no frills or wherever it is that you're going to buy stuff, right? You're going shopping.

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There's a drive that we learned from the profits on the long letter usnm said and even abdillah even our modal dialogue on Houma narrated from his father on the authority of his grandfather that the Messenger of Allah sallallahu alayhi wa sallam said, so he's narrating that his father, right, Abdullah Ahmad

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heard from his father who is around Bob, or the other one

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who heard the Prophet sallallahu alayhi wa sallam say whoever says the following upon entering the marketplace, so whoever says

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the EULA in the long way the hula Shetty Keller, le Holy Moly cola will hand your view when you meet well who or how you lay your mood be at the heel of Pharaoh kulu wahoo Allah cliche in Kadir there is none worthy of worship except Allah alone, without any partner with him. for him is the dominion and to him is the praise, all praise. He gives life and he brings about death. He is living and does not die in his hand is all good. And he has power over all things. So whoever says this to let you know in a loving way, you cannot live with Monaco Allah will handle your UI when you meet with who or how you lay a mood via de colo

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cliche in Kadir then Allah will record for him 1 million good deeds and erase for him 1 million evil deeds and will and we'll build for him a house in paradise.

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So

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we should say this, right? The reward is great. Now what is the grading of this hadith?

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The Hadith is Hasson chef a little Benny Rahim Allah greeted the Hadeeth

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as

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hassane and this is found inside sonnen ignore manager. Okay. So it's a good idea. Right? The grading is good, it's strong. And the rewards mentioned within it are to do with numbers, which is not very common, right? This shows us in indicates to us that the rewards are great, but also seeking help and protection from Allah Subhana Allah to Allah is important as well.

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So whenever we enter into the marketplace, or we're going shopping, the Prophet sallallahu alayhi wa sallam would make you are out seeking protection from Allah subhana wa Tada. And it's a place that he did not like to frequent even though they would go and they would buy and sell. It was not a place to go and just hang out, you're there to fulfill a purpose. When you're done, you leave. Okay.

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The next thing that we'll learn is how Allah subhanho wa Taala needs trade permissible, and we'll look at some of the

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transactions business transactions that are impermissible. Okay. So the basic ruling concerning business and business transactions within Islam is that they are all permissible as long as they are done with the approval of two parties, the buyer and the seller.

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And they have not been explicitly made forbidden by Allah subhanho wa Taala.

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Okay, they've not been explicitly made forbidden by Allah subhana wa Tada. So the general rule is that it is permissible so long as Allah subhanho wa Taala has not made that transaction impermissible

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and that the transaction is approved by both parties, the buyer and the seller. Now, why do we say

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all transactions are permissible so long as a law has not made it impermissible?

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That means we don't need to look at what makes something permissible. We need to look at what makes a transaction impermissible because everything other than that would be permissible. Okay. Now,

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this is where we're going to look at some examples of trade that was done traditionally, during the time of the Prophet sallallahu alayhi wasallam, which may apply to some of us still till today, and some may not apply to us. Some of us will say, Well, I don't do business of this sort, right. And I'm waiting to learn about interest or I'm waiting to learn about mortgage and stuff like that. We'll get to that when we get to it, but for now, let's

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To learn step by step, okay, so the general rule, again is that all business transactions are permissible except to what a law has made impermissible? And of course, both parties have to be in agreement to it. You can't say, oh, law has made it permissible for me to buy this from you.

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What are you buying? You're buying someone's car?

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For how much for $1? And they bought the car brand new yesterday for $50,000?

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Is it permissible for you to buy that car?

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Yeah, it's a car. Does the person agree? Does the seller agree to selling the car for $1? If the answer is no, sorry.

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Even though a person might say but it's permissible, it's highlighted for me to buy it from you. It's, I can buy it for 30,000. If I want, Yeah, you can. But if the seller doesn't want to sell it to you, then it's not permissible. Okay. business transactions that are forbidden by Allah Subhana. Allah to add, the first type of transaction

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is an overly risky transaction. business transactions that are extremely risky.

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This refers to any transaction containing unknown quantities, unknown quantities, or containing a large amount of risk or even considered gambling. So gambling is not permissible. Some people will say, oh, but gambling, I mean, you putting your money, you're investing your own money. And if you get something back, you get something back. No, it's not permissible, because what you're doing is you're putting your money into something that is unknown, and you are leaving it to chance, you're leaving it to chance. Right? So that's a completely different thing.

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Something that is containing great risk, like very high amounts of risk. All business has risk, okay, there's going to be risk wherever you look. But large risks, so someone says, Okay, I trade in the stock market. Okay. Is there risk in that? Yes. And then if you say to someone, oh, but I do day trading? Day Trading has an even higher amount of risk than long term stock investments. Does that mean that it's impermissible? Well, generally, if we're just looking at it from this angle, yes, the amount of risk is higher.

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But a person is not forced to put $50,000 in one trade, they can put $50, they can put $100. Now someone will turn around and say, dude, but how much profit can you actually make if you're just going to be investing $50 or $100, you might make 10 cents, you might you might make 15 cents, 20 cents, $1 250.

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At most, maybe, but

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it's the percentage. So if you put a higher amount of money, and you're expecting a higher percentage of return, and you don't have that money to begin with, then there's a problem. But if you're putting a decent amount, like for example, you're investing 10% of your total investments, and you're looking at a 2% return, right, and you're going to risk 1% of loss, then your risk is actually really low 1% is very low, as opposed to some people that will put $50,000 in, and they will risk a lot more a higher percentage to make a higher profit. So the higher the risk, that's when it leads towards what may be impermissible. Why because a person at that point in time, when

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they're now focusing on higher returns quicker, faster, higher returns, right? The issue with that is they lose control of themselves, because they may have a high loss. And then they're focused on re gaining that amount that they lost through putting down more and risking more. And that's where it can lead to actually being considered similar to gambling, okay.

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And we'll talk about it in a bit in Sharla. Okay, let me let me get through it. We're going to talk about I'm not going to cover too too much today and then we'll take some questions at the end.

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So as I mentioned over the risky transactions, mainly what we're going to focus on in this part is unknown quantities and unknown qualities. Okay, I spoke about unknown qualities last week when we're talking about buying the roto dates, and I'm sorry, buying Agia dates

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and the quality of what is underneath the top layer is unknown. Okay.

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Okay,

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I just got a notice that it was signed out but I was signed out of zoom, and that's fine. It can be signed that zoom

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okay.

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So over the long run said that the Messenger of Allah sallallahu alayhi wa sallam prohibited bear aloha side,

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and overly risky transactions. So what is a hustler?

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a hustler is when someone was to, for example, throw a pebble. And whatever merchandise it lands on is yours for such and such price. And you notice that sometimes you'll go to a fair or an amusement park. And they'll give you three balls. And they'll say, throw this. And if you can get it on that, or whatever it lands on, right? If you sometimes they have like a water pistol or something like that. And if you knock down a target, whatever target of the items you knocked down, you get for a fixed amount of price. So you pay $2 in order to throw three balls, and if you land on a specific thing, or you're able to do something, then that's yours, that can be considered impermissible.

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Okay.

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With regards to this Hadeeth

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as the Prophet sallallahu alayhi wa sallam said,

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Sorry, as a writer, the longer end said that the Messenger of Allah sallallahu alayhi wa sallam prohibited by hausa and overly risky transactions? Mmm, no, well, we are having a whole law. In his commentary to this hadith in Sahih. Muslim, he says, the prohibition of overly risky transactions is a great principle of the principles of business transactions. So this is a really good thing to focus on within business transactions.

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Mm hmm. No, you don't have a law. He continues to say For this reason, Mr. Muslim presented this hadith first. So he presented this hadith in the chapter of business transactions first. countless other issues are covered by it, such as, and so now he's going to list a number of things that would fall under baierl hausa, okay, which is purchasing something unknown for fixed price if something happens. So for example,

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what falls under this category can be, as he mentioned, such as the sale of a runaway slave, so someone back in the day who had a slave and the slave ran away. So now they are selling the slave, they don't even know where the person is, they don't might not even know the details of who this person is. But they're selling it like that, like crazy shadows going on.

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So they're selling it for selling that person for a specific amount. Or, and it continues, there's a number of things

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such as the sale of something that does not exist, so you're selling something that doesn't exist. And we see this happening. These are scams, that that people fall into, right? they purchase something that doesn't exist, and then all of a sudden, that person doesn't show up.

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There was something I read into

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a couple months ago was looking into someone so then the mother of someone who's well known, non Muslim, well known in a certain sport. So an athlete in a sport, his mom

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had served time in prison. So I looked into I was like, Why, what did they do? And turns out that she was selling property

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to multiple buyers,

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the same property, so she was selling something that didn't exist anymore, it was already sold or already belonged to someone else, but she was selling it to other people.

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And so eventually she got caught, right or selling a vehicle to multiple people.

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Mm hmm. No, we are a human hola continues and says such as the sale of something unknown. Okay, you're purchasing something unknown, not only something that doesn't exist, but something unknown.

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of something that one cannot deliver. So purchasing something that a person can even deliver, right?

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The sale of something that is not completely owned by the seller, so as the person who's selling you have to own the thing that you are selling. Okay?

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The sale of something

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that is not completely owned by the seller, the sale of fish in a large body of water. Okay, so you say, here's a swimming pool. I'm selling you the fish. How many fish are in there? No idea what kind of fish are in there? No idea, but I'm selling you the fish that are in this pool for how much $10,000

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But you don't even know how many fish are in there. There might be one, there might be 50,000, there might be 20. There might be fish that are worth $10,000, there might not be fish that are worth $10,000 You don't even know what's in there. And so fishing a large body of water, the sale of milk in an animal's utter. So you're selling the milk that's in the animal that hasn't even come out yet. What if that animal dies. As soon as the transaction is made,

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you're selling something that you can't get the sale of the fetus in an animal. So an animal that's pregnant and you're selling what's in the baby, what's in the stomach before it even comes out?

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The sale of unspecified parts of a heap the sale of a piece of clothing among garments, the sale of sheep, among other sheep, and so on and so forth. Okay. We'll move to the next topic because we're going to discuss a few of these as we go along inshallah.

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The next category heading which falls under overly risky transactions is the mula masa transaction and the Muna by the transaction. But what I bought on the alarm were unsaid. Two types of transactions were prohibited and mula masa and el mundo de Mola, masa is where each party touches the garment of the other without inspecting it.

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So

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whatever you touch you buy,

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you never got to inspect it, you never got to feel it property properly look at it or anything of that sort. No, you just whatever you touch you buy, okay. Any garment, for example is to say to someone, any garment you touched is yours for such and such price, anything you touch, you got to buy it like that same you break it, you buy it? Well, you broke something, so you're buying it for the price that it costs, right. But here, whatever you touch you buy, regardless of what the price is, this is going to be $10 that's going to be $10 this is going to be $10 anything you touch, whenever that

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is where each flings a garment to the other and neither of them looks at the garment of the other. Okay, so for example to say the the seller tells the buyer

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any garment that you throw to me is yours for such and such price.

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Any garment that you throw to me is yours for such and such price. So now

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what you're purchasing could be of higher quality, lower quality could be a large amount, it could be a smaller amount. There's so many unknowns, and that's why it is not permissible there. Okay.

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There's another Hadith that mentions the same thing. So we're not going to go over it in sha Allah. The next heading is selling the unborn fetus. Okay, we touched upon this briefly in the previous Hadith, even our motto, the llama and rumor said the people of the days of jedidiah Okay, the people during the time of javeria

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used to sell camels meat, all the way to the extent of habel habla

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and habla habla

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is the offspring of the present pregnant camel becoming pregnant in the future.

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The Prophet sallallahu alayhi wa sallam forbade that that's what

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the Allahu anhu says, okay, so it's, it's selling. So basically, you have an animal, let's say it's a camel or horse, right? You have a horse that is pregnant, and you're saying, I will sell to you.

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The baby of this horse the next time This horse gets pregnant, so the horse is pregnant right now but I'm not selling you this calf. I'm telling you, the calf that it will have the next time it gets pregnant.

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That's not permissible. What makes you think that calf is that horse will get pregnant, right or that camel will get that camel will get pregnant or the sheep will get pregnant. There's no guarantee. Right? So again buying something that has huge risk, right there's too much risk that it is almost

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not even something that will come to be

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studied fees. The next thing we look at his study fees even aroma of the Allahu anhu ma said that the Prophet sallallahu alayhi wasallam forbade study fees who who knows what

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stud fees is just say, I know or say yes. If you know what it is.

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And who does not know, whoever doesn't know, just type in in the chat there and say, I don't know.

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I want to see who knows and who doesn't know, don't say what it is if you know what it is and don't Google it, right? Just type it in stud fees.

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If you know say yes, if you don't know, say no, but do not tell others what it is.

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Don't ruin the surprise. I want to see who's paying attention.

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Okay, someone says they don't know do not know.

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Do not know. Okay. I don't know. Good. What about everybody else?

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No. All right. Some of you have no idea what I'm asking you. Right.

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Okay, stud fees.

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You know, the term? Oh, man, that guy's a stud.

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Do you know that term?

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Yeah, you know, that guy's a stud.

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Who's the stud?

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So

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stud is basically a good looking guy. Okay?

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stud fees are or is a price paid by the owner of a female animal,

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to the owner of a male animal for the right, or the permission to breed

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the female animal with the male animal.

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So basically, you have a male animal,

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and someone else has a female and they want to breed with the male. It is not permissible to pay the owner of this animal a fee in order for our animal that's a female to breed with that animal.

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Oh, some of us might not have known that. Right. And some people do breed certain animals. Right. So let me say that again.

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Yeah, horses, lots lots of animals, even rabbits, people breed rabbits, cats.

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Yeah, with horses, a lot of money, of course, in the millions. So a stud fee is not permissible. It's basically

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when you have

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a person who owns a male animal

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is approached by someone who owns a female animal and they pay a price for that male animal to mate with the female animal. Okay, or to breed that female animal.

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Alright, so that's that with regards to overly risky business transactions. Okay, we move on to selling what one does not possess, selling what someone does not possess. Now, keep in mind that this can tie in with drop shipping for those of you who do e commerce, this can tie in with drop shipping. Okay. Hakeem even has him

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said, I said or messenger of Allah. A person comes to me and asks me to sell him something that I do not have, can I still sell it?

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The Prophet sallallahu alayhi wa sallam replied, do not sell that which you do not have.

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As in, you don't possess it. You don't own it. It's not yours. There's a difference between selling something that you don't own and selling something you own, but isn't physically with you right now. Okay, so I'll say that again.

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I came in housing, what are the longer unsaid I said or messenger of a law? A person comes to me and asks me to sell him something that I do not have? Can I still sell it?

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If only people would come down? It's gonna ask us to sit to buy things. We don't have it.

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Like, Hey, I'll buy this off you I don't have it. Okay, I'll buy it off you anyways. But I don't have it. No problem. Take the money.

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Right. So he says,

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Can I still sell that? The Prophet sallallahu alayhi wa sallam replied, do not sell that which you do not have.

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Okay, so someone comes to you and says I'll buy a pair of Nike Air Jordans from you.

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I don't know which model or which year let's just say the 1990 sevens, right? Air Jordans. And you're like, but I don't have them. No problem when you get them. Give them to me. But here I'll buy them off you for this price. Now. You have to go and find that item.

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For that price, or for a price that you can afford, let's say someone buys it off you for $200. You don't find them anywhere on the market for less than $200. You find it for $300. Too bad. I bought it off for you for $200 you have to go and buy it for 300 now and give it to me for the 200 that I gave to you.

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Similar to short trading in the stock market, okay.

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Number three, selling something before taking possession of it. This is similar to selling what one does not possess. But now we look at selling something before taking possession of it. So even our best narrated that the Messenger of Allah sallallahu alayhi wa sallam said, whoever buys foodstuff must not sell them until he takes possession of them. He'd been our best further added, I reckon that everything is analogous to foodstuff.

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So someone might say Oh, but the Prophet sallallahu alayhi wa sallam is only talking about food here. And he's saying whoever buys food stuff, must not sell them until he takes possession of them. So I'm gonna buy things that are not food related.

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and sell them or I'll sell them before I actually possess them. No, you can't do that. Okay,

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that's similar, like I said, to drop shipping.

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Um, and there's ways of getting around the drop shipping, by the way, you might own something and you have it, you have it, but it's stored in your warehouse, or it's stored, you know, you've got wherever I don't want to name names of places, because then you know, there's legalities behind it. So you store something in a warehouse, but you've already paid for it. So you own it, but you store it somewhere. And now someone is coming in buying it from you and all you're going to do is ship it from your storage place to their house, you're not going to go there and get it and then actually trade it to them. Okay, so that's something that's permissible, what's not permissible is saying, I

00:32:10--> 00:32:13

will sell you 10,000 pins,

00:32:14--> 00:32:16

but I don't have them yet.

00:32:17--> 00:32:25

I'm just going to sell them to you, once I get the contract from you to buy 10,000 of these, I will turn around and go and find

00:32:27--> 00:32:30

producers of it right or find

00:32:32--> 00:32:39

wholesalers, who will sell the item to me and I will turn around and sell it to you. That's not permissible.

00:32:40--> 00:32:40

Okay.

00:32:45--> 00:32:54

I think that's all it will take for today in sha Allah who Tana because I want to open it up for q&a. Let me just mark the book here.

00:33:00--> 00:33:02

So if anyone has any questions,

00:33:03--> 00:33:05

please feel free to type it in.

00:33:06--> 00:33:08

And we'll look at those questions in Sharla.

00:33:09--> 00:33:20

Okay, so man is you have a question about that. Who was asking? accent mentioned something about Bitcoin Where is it? Where is it? What about Bitcoin? Okay, what about Bitcoin?

00:33:21--> 00:33:23

Don't buy bitcoin too expensive right now.

00:33:24--> 00:33:34

Wait until it goes down. So Bitcoin is it generally speaking, generally speaking, is it permissible while the scholars say that it is permissible

00:33:35--> 00:33:38

to buy bitcoin okay to trade Bitcoin?

00:33:40--> 00:33:46

So mez says, What if I only want to buy something if somebody is willing to buy?

00:33:49--> 00:34:15

Okay, so that's exactly what I just finished explaining. You will only turn around and buy from the suppliers. When someone else is willing to buy from you. You can't do that. You have to go and buy from the suppliers. Okay. And it has to be produced. You can't have a deed that says, I own 10,000 pens from a supplier. But the pins are not made. They're not there.

00:34:16--> 00:34:41

Right? You can't have this deed that says okay, oh, I own 10,000 pens from you, but the pens are nowhere to be found. They have to physically be there. Okay. That deed might say, when I make a sale of 1000 to someone, the supplier will produce 1000 for me and ship it to me until I exhaust all 10,000 of my contract. It's not permissible. Okay, so you can't

00:34:42--> 00:34:44

sell something you don't own.

00:34:46--> 00:34:49

You can't sell something you don't possess as well.

00:34:53--> 00:35:00

Is it wrong to buy a product and then sell it for a higher price? No. That is business. If you were not a

00:35:00--> 00:35:09

allowed islamically to sell it for a higher price than how would anyone make money, there would be no profit, there'd be no point to that transaction. Okay.

00:35:10--> 00:35:38

And let's say you're in prayer and the Imam is reciting the surah. Is it okay to read when he is reciting? You should listen. Okay? You should listen. But if someone for the purpose of revision, or it helps them to concentrate just moves their mouth along with the flow of the Mmm, that's fine. But it's better to listen. And make sure you don't go ahead of the Imam in the recitation. Okay, cuz we're supposed to stay behind the email.

00:35:39--> 00:35:42

Let me look here and see if there's any questions. Okay.

00:35:45--> 00:35:59

Amir says shake, there's a drop shipping concept where you are just an intermediary and set up an online store, essentially, any order that I receive, I forwarded it to a supplier who sends it to the buyer.

00:36:03--> 00:36:13

So you're not really what you are is a middlemen? No, not just the middleman. What you are is a salesperson.

00:36:14--> 00:36:29

Okay, so you're selling on behalf of the supplier? Correct me if I'm wrong, but that's what it sounds like. Okay, set up an online store, essentially, any order that receive I forward it to a supplier? Who sends it to the buyer, okay.

00:36:30--> 00:36:38

Is the person buying it from you? Or are you buying it from the supplier and the supplier is shipping it directly? So

00:36:39--> 00:36:40

when you make a sale?

00:36:42--> 00:36:44

Are you turning around

00:36:45--> 00:36:50

and buying it from the supplier and the supplier sends it directly to

00:36:53--> 00:36:54

the purchaser?

00:36:59--> 00:37:05

Because if that's the case, then you don't possess those items, and therefore it wouldn't be permissible. Okay.

00:37:14--> 00:37:15

See, what's your

00:37:18--> 00:37:20

Make sense? Thank you. He's like a broker.

00:37:23--> 00:37:25

Yeah, you're right, second broker.

00:37:29--> 00:37:31

So for example,

00:37:32--> 00:37:43

if someone is a salesperson for a company, you might use the term broker, but we have to define the actions of that broker, what is that person doing?

00:37:44--> 00:37:56

I, for example, have a catalogue of the products that my company has, and I'm an employee for that company and and make commission that's permissible, right, like, I work for

00:37:58--> 00:37:59

x company.

00:38:00--> 00:38:16

x company has these products in their warehouses, they ship them in, they produce them in large quantities, I'm selling them to stores on behalf of that company, and the company has them that's fine, that's permissible. Okay.

00:38:23--> 00:38:33

If all the conditions are being met, and you fulfill the order to the customer, I don't see what's wrong with it. The problem is, is that sometimes the order may not be fulfilled.

00:38:35--> 00:38:42

Okay, so you're selling something you don't have? What if you sell it and you turn around, you call your supplier and they went out of business?

00:38:43--> 00:38:59

You're stuck, right? That's where it's not permissible, it's them has certain steps in place to assure the buyer will get their products, okay? It's taking the safer way or the safest route

00:39:01--> 00:39:16

is the reward of the door entering the marketplace, same when reading that door at any other place. So we learn what the prophet sallallahu wasallam says about it right when someone is entering the marketplace. So that reward would be for entering into the market price.

00:39:17--> 00:39:36

So real estate agents are hot on because they're selling homes, they don't know. The real estate agent is not selling the home, they're showing you the home, you're not buying the home from them. They're assisting you in purchasing the home, they're offering you the service to purchase the home. Okay.

00:39:37--> 00:39:55

The service that they're that they're offering that you're paying for that they're getting commissioned for is, first of all to connect you with the sellers, there's legalities involved. So any mistakes or any problems they will take the hit instead of you. Right so there's there's a difference there between the

00:39:57--> 00:39:59

the the real estate agent

00:40:00--> 00:40:08

Someone who's selling a product that's from another company. They don't they don't even have any contact or association with. Okay?

00:40:10--> 00:40:20

It's very similar. It's very similar, but there's small little things and that's the thing with business, right? There's small little things that differentiate that either makes something permissible or not permissible.

00:40:24--> 00:40:30

is being a broker not allowed, like, shown in the movie, The Wolf of Wall Street.

00:40:31--> 00:41:06

Haven't seen the movie The Wolf of Wall Street. He got rich by basically scamming people assume is not permissible. So there you go. It is not permissible to scam people. As a Muslim as men, we have to be honest. So if someone is being dishonest, then by default, it is not permissible. The Prophet sallallahu alayhi wa sallam said, Munna, Hashanah, Felisa Mina, we learned that already, right, whoever is taking advantage of someone else and not being truthful and honest, is not following the way of the Prophet sallallahu wasallam therefore, that transaction is not permissible. Okay.

00:41:11--> 00:41:50

Is stock trading like day trading? permitted? Okay, so, day trading? Is it permissible? Yes, it is permissible if you follow certain criteria, and you need to learn it. I spent the last year researching and trying to look into day trading, trading, trying to understand it a lot more because a lot of people are getting into it, right. So, you need to you need to understand, I had a lot of people coming in asking me questions about this for the last like two to three years, which is something that drove me into trying to understand it a little bit more.

00:41:51--> 00:41:59

There's a lot of little things you need to know about when it comes to day trading. One person I would suggest you

00:42:01--> 00:42:08

learn from is Joe Bradford shift Joe, who lives down in the US in Texas.

00:42:10--> 00:42:16

There's What is it? I have it on my Instagram? Is it halon? investor?

00:42:18--> 00:42:24

I believe it's halaal. investor, he really shows some some really interesting

00:42:27--> 00:42:32

Islamic principles and teaches about trading and day trading in particular, okay.

00:42:35--> 00:43:12

is the concept of pre ordering, therefore not permissible? No, because when you make an order to buy food from a restaurant, for example, you call the restaurant, you say I want to order a pizza, right? You're allowed to do that, because the restaurant has those food products there. What are you buying, you're buying the dough, you're buying the tomatoes, you're buying the pepper, they have all of that there. What they're doing is they're only going to cook it once it's ready. Right? And you're only going to receive it once it's ready as well. So that would be permissible order your food.

00:43:14--> 00:43:29

Okay, what's not permissible is like going to a market as someone who owns let's say, a store, right holiday meat store, and you need to buy five crates of tomatoes. And they only have two.

00:43:31--> 00:43:34

And they sell you three more crates, but they don't have them.

00:43:35--> 00:43:45

Right? If they have them in their storage, that's permissible, if they don't have them at all, then it's not permissible, right for them to sell it to you and for you to buy from them.

00:43:47--> 00:43:57

Our tattoos really held on because piercings are kind of like the same thing, modifying your body from how Allah made it.

00:43:58--> 00:43:59

So

00:44:00--> 00:44:03

piercings can be removed.

00:44:04--> 00:44:19

Right? And it's a way of beautifying the body that is not permanent. Now some people will say, Okay, then the tattoo can be removed. But the thing is, the cost of removing a tattoo is almost

00:44:22--> 00:44:49

are so high that a lot of people can't afford it. majority of the people can't afford it. Also, tattooing is like scarring the body. Right? It's it is technically scarring the body. So tattoos are not permissible. And we can't just compare things and say oh, this is like that. So this is permissible. If something is specifically mentioned that is not permissible is not permissible. Regardless of how many things it's similar to okay.

00:45:03--> 00:45:23

All right. Seems like that's it for the questions. We'll end there inshallah. Joseph Camillo Haven, may Allah subhanho wa Taala make it easy for us to continue to learn. Remember, there's a lot of things still that we have to learn. So let's not try and figure everything out. We have quite a few pages next week we're going to look at

00:45:24--> 00:45:29

ballerina, we're going to look at payments over time with an increase in the price.

00:45:31--> 00:45:43

Items that one is prohibited to sell alcohol, carrion, swine, idols, dogs, pictures, dates before they become ripe.

00:45:44--> 00:45:46

Crop before grains

00:45:48--> 00:45:49

become husked

00:45:54--> 00:46:05

types of options, interest, right, these are things that are to come in different categories of interest. And then we look at sharecropping.

00:46:07--> 00:46:07

Lots of things.

00:46:09--> 00:46:31

So don't get ahead of yourselves. Let's learn it one thing at a time in sha Allah, and we ask Allah Subhana Allah to protect us from any kind of hot on business transactions. Does that come a low Hayden robotica lofi come or sallallahu wasallam American and Amina Muhammad wa ala alihi wa sahbihi wa Sallim wa Salaam Alaikum warahmatullahi wabarakatuh