The Financial Contracts in islam.

A company enters into a partnership agreement where profits and losses are shared equally between partners. Is this a valid financial contract?

• Permitted.

• Not Permitted.

Sameh sells a car to another person and agrees to accept the payment in installments without specifying an interest rate. Is this a valid financial contract?

• Permitted.

• Not Permitted.

Arisa and Iffah enter into a lease agreement for an apartment without specifying the rent amount and duration. Is this a valid financial contract?

• Permitted.

• Not Permitted.

Ali wants to borrow money from his friend Omar without specifying the terms of repayment. Is this a valid financial contract?

• Permitted.

• Not Permitted.

Ashraf, A business owner sells goods on credit and charges an additional fee for late payments.

• Permitted.

• Not Permitted.

A contractor overstates the quality of materials used in construction to secure a higher payment.

• Permitted.

• Not Permitted.

A seller conceals defects in a product while selling it to a customer.

• Permitted.

• Not Permitted.

An employee inflates work hours on their timesheet to receive a higher paycheck.

• Permitted.

• Not Permitted.

An online seller manipulates customer reviews to create a false positive image of their products.

• Permitted.

• Not Permitted.

A contractor submits a higher invoice than the actual cost of services rendered.

• Permitted.

• Not Permitted.