Bar Chart Essay

Fatwa On Multi-Level Marketing SchemesBy: The Permanent Committee in Saudi Arabia pertaining to Research and Fatwâ||  |

The kind of business based upon a pyramid scheme -- or " multi-level marketing" as it is often called - can be unlawful. The actual objective of such a business is always to obtain the commissions earned by introducing newbies to the business and not to earn income from the sale for the products themselves. At a time when the commissions may possibly reach into the tens of thousands of dollars, the earnings collected from the sale of the merchandise might only be a few hundred or so. Any person of sense who will be given a selection in such a plan will clearly go for the commission payment.

This is why companies of the kind, the moment promoting themselves, depend so heavily on showing the top volume of considerable commissions that they can be giving out. They attract clients by the promise of large earnings against the repayment of a comparatively modest first sum that may be often symbolized as the " selling price of the product". The product this business is marketing, however , is merely a pretext to obtain commissions and to profit from those commissions.

With this becoming the true nature of the business, the Islamic ruling into it is that it truly is unlawful. The reason why for it being unlawful are as follows.

1 . It entails the two kinds of against the law interest:

a. Ribâ al-fadl: the interest resulting from an exchange of like intended for like in an unequal method

b. Ribâ al-nasî'ah: the interest that is certainly paid rather than credit.

The customer is paying a smaller quantity at present to be able to obtain a much bigger sum of money another time in exchange for this. This is essentially an exchange of one amount of money for another amount of money of a increased value using a time postpone. This is illegal interest, mentioned previously clearly by sacred text messages and agreed upon by consensus.

The product that is sold by the firm is only a pretext to get the real exchange that is going on. It is not intended in associated with...



News

 Essay regarding Jjt Activity 1

Essay regarding Jjt Activity 1

For the five years Unique. com has been in organization they have identified Social Responsibility as a primary value within the organization. It has been the generating factor of your…...

 Essay regarding BDS4614

Essay regarding BDS4614

BDS4614 MANAGING DECISION SCIENCE ASSIGNMENT Trimester 2, 2014/2015 General details: Organisation Group (group members shall not go over 3 students per group) Assessment…...

 ecosystem Essay

ecosystem Essay

Biotic Components Daily news From this paper, I will be sharing information on the significant structural and functional aspect of the ecosystem of Tallgrass Pririe Preserve in Pawuska, Oklahoma.…...

 Essay about Why Men Lie

Essay about Why Men Lie

Why Guys Lie (and always will) by Vince Passaro Prior to I ripped my Roberto Duran, ahead of I transferred out, prior to I lost the ability…...

 Literary Criticism of Lord of the Flies Essay

Literary Criticism of Lord of the Flies Essay

Raef Sengupta 2 British H, six Georgantas 4/17/13 Literary Critique of Head of the family of the Flies This article was very interesting in…...

 Introduction to Psychology Essay

Introduction to Psychology Essay

UNIVERSITY OR COLLEGE OF NAIROBI SCHOOL OF ECONOMICS SUMMARY OF PSYCHOLOGY OFFERED BY: NJUE ANGELINE WANJA X74/53648/2012 PROVIDED TO: TEACHER GATUMU 1 . MAKE…...