TEGUH: Muslims believe that just as nasty food spoils our physical health, similarly food earned through unlawful means spoils our spirited and moral health.
AKHTAR: Honesty in commercial dealings is strictly enjoined by Islam. If business is conducted strictly in accordance with the Islamic principles of commerce, there can be absolutely no scope for any kind of commercial dishonesty.
MULIA: A Muslim who makes up his mind to adopt trade as a profession or set up his own business should first acquire a thorough understanding of the rules of business transactions codified in the Islamic Shariah. Without such understanding he will astray and falls into serious lapses making his earning unlawful.
FAEZ: Buyer and seller should be truly considerate towards each other. One should not take undue advantage of the ignorance of the other.
TEGUH: Islam has laid down some basic prerequisite that should be fulfilled in every transaction so that it is to be lawful. Such as, things sold and money offered to be lawfully acquired.
AKHTAR: Goods not to be sold before obtaining their possession. However certain scholars in the opinion that sale of immovable property, the buyer can re-sell it before taking possession of it. The reason given is that the destruction of immovable property such as land is rare.
TEGUH: Islam also prohibits monopoly or cartel business. Islam believes in fair and just trade.
MULIA: Do not create artificial scarcity of goods in order to achieve personal gains. Transactions involve interest or riba is forbidden.
FAEZ: There are certain scholars in the opinion that it is forbidden that one should enter into a transaction on which one’s Muslim (I think we should include non-Muslim too) has already been negotiating.
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