Welcome

TM-Merchants is a Shariah-Compliant Commodities, Trading and Services Company based in Nigeria; it seeks to excel in halal business practices, Insha Allaah.

End of FreeMed@Shifaa Hospital Ede

Alhamdulillaah for the successful free medical check-up that took place at Ash-Shifaa Isamic Hospitals, Ede throughout the month of October, 2014. May Allaah reward those who have contributed to the excercise best.

New Blogsite

This is to annnounce to our esteem partners, stakeholders, clients, etc, that we have launched a new blogsite discarding the old site due to some irreconciliable problems associated with it. Please bear with us.

Ash-Shifaa Islamic Hospital, Ede

Ash-Shifaa Islamic Hospital is a new project of the Muslim Merchants Nig. Ltd. launched on 15th day of August, 2014. The hospital is located below the new office of the Muslim Merchants Nig. Ltd., Old Hijrah University Building, Oke Iresi, Ede, Nigeria. Alhamdulillaah, the hospital is running smoothly, a male doctor and nurses to male patients and a female doctor and nurses to female patients. It intends to be the most affordable and qualitative Islamic hospital in Nigeria Inshaa Allaah. Please patronise.

Operations Office

On top of the New Ash-Shifaa Hospital, Old Hijrah University Building, Oke Iresi, Ede. That is where all our office functionalities are now located.

Registered Office

No 30, The Supermarket, Musat Multi-Ventures, Station Rd., Oke-Iresi, Ede, Osun State, Nigeria info@tm-merchants.com alt e-mail: muslimmerchants@gmail.com, muslimmerchants@yahoo.com Office Mobile: +234-7069-118-107, +234-8076-074-999 Marketing Office: +234-8068-861-850, +234-7052-330-629

Legal Advisers

Adeosun O. Abdullah, Esq. Abuja AbdulHafeez Odunmorayo, Esq. Oshogbo

Shariah Advisers

Dr. Sharaf Gbadebo Raajee PhD. Comparative Jurisprudence, Islamic University Madeenah Ash-Shaykh Najeem Sulayman A Reputable Scholar of the Sunnah Based in Lagos

Islamic Resources

Religious Verdicts on Some Business Practices Dealing in Visa Agreement Q: I wish Your Eminence would guide me to the right path and good deeds. I brought in some foreign workers about eight years ago, and sold the visas to another person here; he was from Pakistan or from Egypt. This was on the basis that he would bring in the workers and they would do whatever work he wanted, meaning, they would not be working with me in my corporation. This was a condition between me and them, and we agreed that they would pay a portion of their salary to me at the end of each month, but this was not binding. I repent to Allah for doing this. Some of the workers have returned to their country, and I do not have their address, and some of them are still here and I do not take any money from them; shall I ask them to forgive me for this deed? (Part No. 13; Page No. 79) My brother was and still is responsible for them and I was his authorized agent. What is the ruling on the money which I have taken for selling the visas and the money I have taken from the workers? I am a fourth-class public servant whose salary is 4462 Riyals. I have to pay for a car and house in installments. Therefore, I can not afford any further installments. This is my financial position. I also used the money I took from the workers in my marriage, and this matter causes me severe pain. Is there any wrong concerning this? Now, with Allah's favor I have a child who represents the turning point in my life. What should I do? May Allah reward you with the best. A: Selling visas is not permissible, because it involves telling lies, breaking the law and deceiving the authorities, and it is consumption of wealth by means of falsehood. Allah (Exalted be He) says: And eat up not one another’s property unjustly (in any illegal way e.g. stealing, robbing, deceiving, etc.), nor give bribery to the rulers (judges before presenting your cases) Accordingly, the money you earned from selling the visas and the money you took from the workers is ill-gotten, so you have to get rid of it and clear yourself of it. You should spend any money that you have obtained by selling visas, (Part No. 13; Page No. 80) in charitable ways such as giving to the poor and building facilities that will benefit the Muslims. Concerning the money which you have taken from the workers themselves each month, you have to return it to them if they are still in the country, or try to send it to them in their country. If you could not find out where they are or send it to them, then give it in charity on their behalf, because this money was deducted from them unlawfully and they were not compensated for it. You have to continue repenting for this action, and never repeat it in the future. Whoever gives up something for the sake of Allah, Allah will compensate him with something better. Allah (Exalted be He) says: And whosoever fears Allâh and keeps his duty to Him, He will make a way for him to get out (from every difficulty). And He will provide him from (sources) he never could imagine. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. Is there a set rate of profit in business or not? The Permanent Committee for Scholarly Research and Ifta' Q 1: Is there a set rate of profit in business or not? Also, take into consideration the high amount of taxes business owners pay each year. A: It is permissible for a person who sells a product for profit whether immediate or deferred to sell it at a higher price. We do not know of any limit on profit but one should be moderate, as there are reports which encourage that. However, if the product is known locally to be of a certain price, a Muslim should not sell it for more to one who is unaware of that without telling him of this fact. Inflating prices is a kind of deceit. A Muslim is a brother of his fellow-Muslim, thus he should not wrong him, abandon him, cheat him, or betray him, rather he should advise him sincerely wherever he is. The Prophet (peace be upon him) stated: "Religion is dependent on advising one another." The Hadith related by Muslim in his Sahih. And in the Two Sahih (authentic) Books of Hadith (i.e. Al-Bukhari and Muslim) on the authority of Jarir ibn `Abdullah Al-Yamany that he said: "I gave my Bay`ah (pledge of allegiance) to the Prophet (peace be upon him) to establish Salah (Prayer), pay Zakah (obligatory charity), and be sincere towards every Muslim." Islamic Ruling on Insurance The Permanent Committee for Scholarly Research and Ifta' Q 2: A man bought a car in installments for being unable to pay its price in cash. The car agency demanded him to pay car insurance. Respected Shaykh, what is your ruling on paying this insurance and other types of insurance, such as life insurance? (Part No. 13; Page No. 157) A: It is permissible to buy a car in installments, if the car and the price are agreed upon, and the amount of each installment and the due dates of payments are fixed. Car insurance, is Haram (prohibited). Similarly, insurance on life, organs, merchandise, and all types of commercial insurance are Haram. They involve Gharar (fraudulent transaction where details about the sold item are unknown or uncertain), gambling, and unjustly taking people's money. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. Instalmental Sale with Intention of Re-purchase The Permanent Committee for Scholarly Research and Ifta' Q 3: If I sell a car to a person in installments, given that this increases its price, and then he asked me to buy it from him for less than the price I sold it to him for, what is the ruling on this? (Part No. 13; Page No. 136) A: This is called `Inah sale (selling and delivering something to another person in installments but repurchasing it with less immediate cash). It is Haram (prohibited), according to the Shar`y (Islamic legal) evidence on its prohibition. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. Visiting One’s relation Who Works in a Haram Establishment The Permanent Committee for Scholarly Research and Ifta' Fatwa no. 12978 Q: My brother-in-law is working as a lorry driver in an alcohol company. He distributes wine. Can I visit my sister and eat at her house? Can I take money from him as a debt or the like? Moreover, he built a building from the money earned from this work. A: Visiting your sister is permissible as it is a kind of keeping good relations with your relatives. As for eating from the house of your sister, you are permitted to eat from the house of your sister if her husband has another legal means of gaining. Otherwise, you will not be permitted to eat at their house because the money he earns is unlawful. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. The Permanent Committee for Scholarly Research and Ifta' Guaranteeing a person who takes a loan from the bank The first question of Fatwa no. 14623 Q 1: A person wanted to take a loan from a bank. He asked me to guarantee him but I refused because I doubt the permissibility of guaranteeing him, for this bank gives the person money and requires him to repay it with interest, which is known to be Riba (Usury). Is guaranteeing this person considered as cooperation in Riba (usury)? A: Taking a loan from the bank with interest is not permissible and the same ruling applies to guaranteeing the person who takes a loan from such a bank. Guaranteeing this person is cooperation in committing sin, while Allah (Glorified and Exalted be He) states: ...but do not help one another in sin and transgression. And fear Allâh. Verily, Allâh is Severe in punishment. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. Taking from an Orphan’s Wealth Due to Necessity The Permanent Committee for Scholarly Research and Ifta' Fatwa no. 18327 Q: I am a widow and I support an orphan girl through the court. The state, may Allah protect it, assigned a monthly payment of around 1000 Riyals for this girl. Sometimes I feel embarrassed to make use of this money because it belongs to her. Therefore, I deposited her money in the bank. I do not spend on her from her money. It should be noted that I am an employee. I receive a salary of 1,700 Riyals from which I pay the rent of the house where my mother, I and the girl live, as well as the costs of having a maid to nurse my mother who suffers from heart disease. She takes care of my mother while I am at work and I have a driver who drives my daughter to school. However, my salary falls short of covering all these expenses. I hope you can give me advice as regards the following: 1- Is it permissible for me to take some of the orphan girl's money for necessary things that we all need? 2- Do I have to pay Zakah for the orphan girl's money that is deposited in the bank because it has been in the bank since she was ten months old and the girl is now five years old? 3- Is it permissible for me to invest her money? And what is the ruling if I lose any of it? 4- Is it permissible for me to lend money to a person from her money? 5- Is it permissible for me to beat her as a means of discipline? A: First, the orphan's money should be preserved; it should only be used for the benefit of the orphan person with the permission of the judge in the court. There is no harm if you take from this money to spend on the orphan child. Second, Zakah should be paid upon the money of the orphan child if it reaches the Nisab (the minimum amount on which Zakah is due) and remains for one year. (Part No. 14; Page No. 250) Third, it is not permissible to lend anyone money from the orphan's money because this is not in the orphan's best interests. Fourth, it is permissible for the guardian of an orphan to invest the orphan's money if he knows that doing so is beneficial for the orphan. It is also permissible for him to give the orphan's money to another person to invest it in return for part of the profits. Fifth, it is permissible to beat the orphan for the sake of discipline but without causing him any harm or degrading him. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions. The Ruling on Attending Parties Organised by Haram-based Establishments The Permanent Committee for Scholarly Research and Ifta' The second question of Fatwa no. 6396 Q 2: What is the ruling on accepting an invitation to a dinner or party held by banks that deal in Riba (usury/interest)? (Part No. 14; Page No. 43) A: It is not permissible to accept invitations to dinners and the like that are held by banks dealing in Riba. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.

Products and Services

WE TRADE IN OIL-AND-GAS, QUARRYING AND GENERAL MERCHANDISE SUCH AS PURCHASE AND SALE OF ILEYA RAMS, PROPERTY AND ESTATE MANAGEMENT, ETC.

The Management Team

These are the people who assist the board of directors to uplift the company together. They include the following people: Mallam AbdurRazaaq Oyekanmi [Accountant/Marketing Officer I] Mallam Tiamiyu Dauda [Special Adviser] Mallam Musa Waliyullah (Marketing Officer II) Mallam Adeleke Abideen (Logistics Officer I) Mallam Olatunji Abdulwahhaab (Logistics Officer II) Mallam Dosunmu Abu Abdillah (Graphics Officer) Mallam Adekunle Mansoor [Accounting Officer II] Mallam Ismaaeel Oyegbile (Logistics Officer III) Alhaji Nurudeen Tijani [Planning Officer] Mallam Sa’eed Ismaeel Adewale [Special Adviser Risk Management

The Board of Directors

Allaah the Mighty Lord has put the saddle of TM-Merchants [Nig.] Ltd. in the hands of the following individuals: Mallam Ibraheem Sulaiman Isa [Chairman] Mallam Ibraheem hails from Ilorin, Kawara State. He is a product of one of the prominent Islamic schools in Ilorin. He is an experienced business man in a variety of human endeavours. Those who know him will testify to his intellect and sound mind. He is respected among his comrades mainly due to his elderly and Islamic dispositions to issues. He is a principled man who hates that his fellow human beings be cheated. He is presently resident in Ede, Osun State. He is happily married with children. Mallam Ishaaq AbdurRaheem Adeshina [Managing Director] Mallam Ishaaq hails from Ibadan, Oyo State. He became a pupil of Islamic learning as an adult after spending years in about two universities in Nigeria where he studied Mass Communication and Law. He is very active in online Da’wah. He is presently based in Ede where he teaches in Madrasah Tauheed. He too is married with children. Mallam Jimoh Ridwan [Company Secretary] Mallam Ridwan hails from Ede, Osun State. He is also a product of an Islamic school in Ede. A master’s degree holder in Petroleum Geology. An easy-going man who is actively into business yet not lagging in Islamic learning. Despite his age, you will always see him in the halaqaat studying with younger brothers. And when it is time for business, you will find him a very active person. He is presently in Ede and is married with children. Arch. Lawal Olalekan Kazeem [Executive Director] Arch. Qaasim hails from Ede, Osun State. A product of an Islamic school in Ede; he later read architecture at the Federal University of Technology, Akure. He is a practising architect who doubles as a mudarris at Madrasah Tauheed, Ede. He is also an online Da’wah worker. He has a flair for learning the Deen. He presently stays in Ede and is married with children. Pharm. AbdurRazaaq Faronbi [Non-Executive Director] Pharm. AbdurRazaaq hails from Abeokuta, Ogun State. He studied Pharmacy at Obafemi Awolowo University, Ile-Ife. He is a practicing Pharmacist who never stays away from the Islamic learning. He is a part-time mudarris at Madrasah Tauheed Ede where he doubles as a senior student. A very assertive person at board meetings. He now lives in Oshogbo, Osun State capital. He is married with children. Mallam Siyanbola Abdul-Hakeem [Non-Executive Director] Mallam AbdulHakeem hails from Ede, Osun State. A Sunnah-loving person who is known for everything serious. A master’s degree student in Accounting. He is an expert in modern accounting; he has a wide experience in the area. He presently stays in the north where he is a lecturer in one of the universities there.

New Services

Computer Installation, Sale and Supply, Computer Accessories, Office Equipments, Inverters Big or Small for Home and Office Use. So also Installation of Equipment that can display Running messages in front of supermarkets, filling stations, malls, etc. TM-MERCHANTS NIG. LTD now has trusted agents that can do your job for you perfectly. Contact us today.

New Correspondence Offices

Lagos Office: 22 Animasaun Street, Unique Estate, Baruwa- Ipaja, Lagos. Mobile Number: +234-8035-353-157, +234-8076-074-999 Ilorin Office: The Caliphate Academic Office, Sakama Area, Off Ibrahim Taiwo Rd, Ilorin. Mobile Number: +234-8036-362-992, +234-8076-074-999

Layout Land for Sale

This is to bring to the notice of our esteem audience that some 10 plots of land on a well-thought out layout (surveyed) are out for sale at Aboto Area, Awo-Ede Rd, Off Army Barracks Road, Ede, Osun State. THE PRICE IS INVITING. Call 07069118107 for details.

Properties for Sale

The Underlisted Properties are Available for Sale Lagos, Lagos State 1. An Uncompleted 8-Room Apartment, Shubiri, Lagos. Price: N3million. Ilorin, Kwara State 1. A Four-bedroom Flat, Olohun Sogo, Behind Yebmot Hotels, Ilorin. Price: N3.3million. Ede, Osun State 1. A 2-Plot Land at Gbongan Rd, Sekona, Ede. Price: N2million. 2. An Uncompleted Three-Bedroom Flat [On A Plot of Land] Off Ede-Logun Rd Near The Permanent Site of the Federal Polytechnic Ede. Price: N600,000.00 3. An Uncompleted 8-Room Apartment, Oke Odo Muni Off Iwo Road, Ode-Omu. Price: N200,000.00. 4. A Filling Station [with a large compound and a storey building], Awo Junction, Ede. Price: N30million. Call: +234-7069-118-107, +234-8076-074-999 for details.

Fraud Alert

This is to bring to the notice of the public that The Muslim Merchants Nig. Ltd. will never ask you to pay any sum into a 3rd party bank account. Pls, disregard any scam messages that ask you to do so. Our account name remains THE MUSLIM MERCHANTS NIGERIA LTD. Thanks.

Mission Statement

In the Name of Allâh, the Most Merciful, the Most Compassionate We have resolved to work together as a Shariah-compliant business men in order to carry out the following: Seek the means of protecting our wealth from all haram sources which affect most of the wealth of the people today. Seek the means of creating economic empowerment for the Muslims in the face of economic odds. Bearing the foregoing in mind, we have realized the following needs in actualizing a successful Islamic business: 1. Fear of Allâh and total trust in Him in all our dealings. 2. Having a Shariah Advisory Body made up of scholars of repute for consultations on all matters of trade. 3. Having a team of legal experts to guide against falling into conventional legal tangles. 4. Having a team of business-oriented people to constitute the business think-tank for our company. 5. Having a team of accounts experts to ensure a near-accurate account that guarantees the rights of people in the business. Lastly, we have discovered that wealth of the Muslims will be more useful for all of them if they can pull their resources together. Many a times has a good business effort crumbled due to lack of human support. Man by nature cannot exist alone. We are aware of this fact as variously enshrined in the corpus of Islam, thus this is what we want to actively venture into. Allâh Alone we ask to see us through.Insha Allâh.