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Shiavault - a Vault of Shia Islamic Books Islamic Laws of Ayatullah Khui Transactions Orders Regarding Purchase and Sale 2059. It is proper for a business man to learn the rules with regard to matters with which one is confronted frequently in connection with various transactions.

Imam Ja'far Sadiq is quoted to have said: "A person desirous of engaging himself in business should learn its rules and orders and in case he makes any transaction without learning them he will suffer On account of entering into a void or doubtful transaction". 2060. If a person is not aware, on account of being ignorant of the relevant orders of the transaction made by him being valid or void, he cannot appropriate the property which he has acquired. 2061.

If a person does not possess wealth and it is obligatory on him to meet some expenses (e.g. of his wife and children), he should engage himself in business. Moreover, business is recommended for recommended acts like providing better means of livelihood to one's family and helping the indigent persons.

Recommended Acts The following four things are recommended in connection with sale and purchase: (i) One should not discriminate between various Muslim buyers in connection with the price of a commodity. (ii) One should not be greedy in the matter of the price of a commodity ie. one should not sell it for high price. (iii) One should give a little more of the thing which one sells and should take a little less of the thing which one buys.

(iv) If the buyer regrets having purchased something and wishes to return it, the seller should take it back. Abominable Transactions 2062. The following are some particular abominable transactions: (i) To sell one's property, except that one may purchase some other property with its sale proceeds. (ii) To adopt the profession of a butcher. (iii) To sell shrouds. (iv) To enter into transaction with vulgar people. (v) To transact between the call to dawn prayers and sunrise.

(vi) To make it one's profession to buy or sell wheat or barley or other similar commodities. (vii) To intervene while a person is purchasing some commodity and to express one's own desire to purchase that commodity. Unlawful Transactions 2063. The following six kinds of transactions are unlawful: (i) To sale and purchase basically impure (najis) things, e.g. intoxicating beverages, non-hunting dogs, a dead body era pig.