Disney Land
Hmmm… You are right we often don’t see the big picture of selling cheeper products then buying price… I am not objecting business model, they are surely earning well, my point is that will it be some kind of gambling/betting that you are putting 1 with the risk of losing it or getting back 10. Specifically whin you are just guessing a Number (1-50) on spin wheel to win a 2kg Chocolate box.
So which part of your scenario do you think is objectionable in Islam? Is it putting in 1 with the risk of losing it all or making 10 back? Or is it guessing the number between 1 and 50? Let me pose a different scenario to you. A farmer decides to buy a particular kind of seed for $10 and plants it in hopes that he will be able to sell the crop for $100. Of course he can neither control the rain nor the market demand for that particular crop that year. Can this be considered betting/gambling?
@faisalharoon bhai! I thought you already expressed your opinion in your first reply. i.e. “There is no element of immorality in these activities so they are perfectly okay.” No backies now, that’s cheating But on a serious note, If you could comment on the primary point that I mentioned, that would be great. i.e. “ My primary point when defining gambling remains the same, ‘One party is bound to lose money and other party is bound to win at the expense of that first party; all of this is done under umbrella of high uncertainty with no immediate mitigating tools at hand, like skills, labour (in that skill), risk analyses techniques and others’. The labour put into gambling business has no bearing in making such decisions. Exceptions will always be there, but exceptions don’t make general principles.”