Q: In trading, when looking at charts, you can leave a auto-order to buy for you when price reaches a certain level. If you are not there at this time, is the purchase permissible? Is your presence necessary for the contract? Sometimes, you might be asleep but want to purchase at a given price, so you […]
Read more...Category: b. Possession of sale goods
Is dropshipping permissible?
Q: I have a question which I was hoping you could shed some light on insha-Allah. I’m looking to start an online store insha-Allah. There is one model which is pretty common now, which you would offer a product to the customer but you haven’t purchased it yet from the manufacturer. Once your customer places […]
Read more...Presales and Assignment in Islam
Q: I would like to know what can make a pre sale purchase and assignment before ownership halal? In general, the model is some brother pay down payment on a property that is under construction and agree on a purchase price at completion over a year or more, and then by the time its ready before […]
Read more...Can we sell on the Amazon website using the Fulfilment by Amazon (FBA) arrangement service?
Q: I have a question regarding selling on Amazon. The way it works is you buy stock from a supplier of a particular good which are often abroad. You also have an Amazon warehouse (which you pay to use) where the goods are sent following purchase. When good gets bought by an online buyer off of […]
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