Islamic Ruling on Revocation (Al-Iqalah) in the Sale of Gold

I bought a gold ring, but found it to be larger than the required size, so I wanted to return it to the seller. Should I return it for the price I bought it for, or at today's market price?

Ruling of Islamic Law on Deducting Costs from the Legal Interest

I have a debt owed to me by someone who is financially capable yet keeps delaying repayment. I therefore filed a lawsuit to recover this debt, and my lawyer claimed legal interest on it. Is it permissible for me to take this interest, and is it permissible for me to deduct from it the costs I incurred in pursuing and collecting my debt from this procrastinating debtor?

It is Forbidden to Exchange Gold for Gold with a Surplus on Either Side

I am a gold shop owner. I purchase 100 grams of 21-carat gold from a supplier, who claims that the gold's purity is slightly above 21 carats and therefore takes from me slightly more than 100 grams, on the grounds that this surplus represents the difference in carat purity. What is the Islamic ruling on this transaction?

Ruling of Islamic Law on Purchasing a Home through Conventional Commercial Banks for those Living in the West

What is the ruling of Islamic Law on purchasing a home through conventional commercial banks for those living in the West?

Ruling of Islamic Law on Statutory (Legal) Interest Awarded by a Court

What is the ruling of islamic law on statutory (legal) interest awarded by a court?
 

It is Forbidden to Stipulate Late Payment Penalties Against a Debtor

We are a cooperative association that finances our members on the basis of Islamic murābaḥah in instalments. What is the sharīʿah ruling on imposing a financial late payment penalty upon a member who falls behind in repayment after the agreed due date.

Ruling on Charging the Borrower Administrative Fees Imposed on a Loan

What is the ruling on imposing fixed administrative fees on beneficiaries of an interest-free loan (Qard Hasan) card, provided that a special fund is designated for these fees to cover only actual administrative costs? Furthermore, what is the ruling if any surplus from these fees is directed toward internal solidarity initiatives, such as providing financial aid in the event of death or other similar circumstances?

Islamic Ruling on Buying and Selling Gold with Deferred Payment

What is the Islamic ruling on buying and selling gold in bulk with deferred payment?

The Criterion for Assisting in what is Unlawful with Regard to the Roles/Positions Assumed at Conventional Banks

What is the criterion for determining assistance ('i‘ānah) in what is unlawful (ḥarām), with regard to positions/roles at conventional banks?

Ruling on Accepting Donations from Usurious Banks and Financial Institutions

A Sale Involving Gharar and Jahalah is Prohibited*

A company trespassed on my client’s land. I was appointed to handle the case on the condition that I pay the case fees, which amount to 200 dinars, and give my client 2,000 dinars. Any amount recovered beyond that would be mine. Is this agreement, between the client and the agent, considered valid? What is the ruling of Islamic Law on the amount exceeding 2,000 dinars?

Sharia Ruling on Personal Financing Products (Tawarruq

Ruling of Islamic Law on Debt Settlement Companies

Ruling of Islamic Law on Developing Applications and Software Related to Finance

The Ruling of Islamic Law on Increasing the Sale Price of a Product to a Lender or Financier