PROHIBITED

SALES
By: Laurence Daniel C. Nieveras (Ahmad)
 QUESTION 1
Who do you call a person who buys goods and services?
QUESTION 1
Consumer
 YES OR NO
A person needs to interact with others and exchange goods
and services to fulfill his needs
 YES OR NO
A person needs to interact with others and exchange goods
and services to fulfill his needs
 PROHIBITED SALES
(AL-BUYU AL MUHARRAMAH
A person needs to interact with others and exchange benefits(goods and services)
with them to fulfill his needs. Islam permits the concluding sales ( i.e contracts
involving buying and selling) to secure this interest. However, Islam prohibits certain
types of sales, which compromise the interest and wellbeing of individuals and
society.
TYPES OF PROHIBITED SALES
AND TRANSACTION
1. RIBA(USURY)
1. RIBA AL- DUYUN (USURY IN
TRADE/SALES)
This is found in debt financing(mudayanat) such as loans
(qurud) and future sales (buyu ajilah).

a. Riba al-qard (loan usury) - this is the increment

stipulated over and above the principal (original amount)
in a loan.

b. Riba al-dayn (debt usury) - This is the increment

accruing from the debt at the time it is due.
 2. RIBA AL- BUYU (USURY IN
TRADE/SALES)
Relates to sales contracts and commercial exchanges
and trade-offs.

a. Riba al-Fadl (increment) - this is selling an item from

the ribawi items (commodities) for another of the same
genus (kind) with an increment or increase (ziyadah).

b. Riba al- Nasi'ah (deferment) - It is selling one ribawi

item (commodity) for another ribawi item and deffering
receipt of one of the two items.
2. BAY AL-NAJASH (SALE BY FALSE
BIDDING/PRICE HIKING)
 FORMS OF NAJASH
The First form of najash - A person overbids in an auction with
no intention of buying the commodity being auctioned whether
this is agreed upon between the person overbidding and the
owner of commodity ir between him and the broker, or even in
the absence of such an agreement between him and that one is
just overbidding with no intention of buying.

The Second form of najash - A seller gives a false description

of the product by attributing to it features and properties that it
does not possess in oderder to incite the buyer's desire and
urge him to buy it.
3. CONDUCTING A SALE OVER ANOTHER
SALE
4. GAMBLING (QIMAR) AND UNLAWFUL
BETTING (MURAHANAH MUHARRAMAH)
THANK YOU