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Category No.1 Ltd Co fully operates within the just, equitable, and upright confines of Bay' as-Salam in accordance to Shariah, the ideal form of Divine guidance that Muslims follow to live a righteous life, one mindful of the intricacies of the human experience down to the single value. The contract of salaam requires all of the conditions of a normal sale contract except that it does not require the existence of the asset or good at the time of the creation of the contract. A seller wishing to sell an asset that is not in the sellers' possession would enter into a salaam contract with a buyer. The buyer would pay in full the negotiated purchase price of the asset on spot, and the seller would contract to deliver the said asset at a specific date and location to the buyer upon receiving the tracking number whereby transit details will be specified. Nature of Bay' Al Salam Bay' Al Salam contracts uphold the integrity of both the buyer and seller, through transparency equalling assurance and a piece of mind for the seller and warranting that the buyer can show that they are not entering into debt (riba). Report narrated by an-Nasai (4613), Abu Dawud (3503) and at-Tirmidhi (1232) from Hakim ibn Hizam, who said: I asked the Prophet (blessings and peace of Allah be upon him): O Messenger of Allah, a man may come to me asking for something that I do not have. Can I sell it to him then go and buy it for him from the marketplace? He said: “Do not sell that which you do not possess." This hadith was classed as sahih by al-Albani in Sahh an-Nasai. At-Tirmidhi (1234), Abu Dawud (3504) and an-Nasai (4611) narrated from ‘Amr ibn Shu‘ayb, from his father, that his grandfather said: The Messenger of Allah (blessings and peace of Allah be upon him) said: “It is not permissible to arrange a loan combined with a sale, or to stipulate two conditions in one transaction, or to make a profit on something that is not under your control, or to sell something that you do not possess.” (Classed as sahih by at-Tirmidhi and al-Albani) Riba definition: an Arabic word that can be roughly translated as "usury" or unjust, exploitative gains made in trade or business under Islamic law. Islam outlaws riba in all its varieties because it is the principal mechanism that empowered human beings impose to perpetually institutionalize their wealth – as individuals and as groups – in the form of a direct dividend paid to the wealthy on their wealth from the wealth of the disempowered, permanently impoverishing them. terms and conditions: https://www.youtube.com/watch?v=rRAcU48y04k The Prohibition of Riba (Interest) by Sh Imran Hosein Quranic References: Those who devour interest shall not rise on Judgment Day, except as one rises whom Satan has battered with the touch of madness. That is because they say: Indeed, selling is just like interest – while Allah has made selling lawful and has prohibited interest. So when an admonition comes to one from his Lord, and he quits interest, then to him belongs what was formerly gained. And his affair henceforth rests with Allah. But whoever returns to interest – then these are the Companions of the Fire of Hell. They shall abide therein forever.” (Surat Al-Baqarah, 2:275 The Clear and Noble Qur'an) Allah blights riba of all blessing in contrast with the abundant increase He bestows on charity: Allah obliterates all blessing from interest and increases generously the reward for charity. For Allah loves no relentlessly unbelieving sinner.” (Surat Al-Baqarah, 2:276) O you who believe! Be ever God-fearing and forsake all that remains due to you from interest, if, indeed, you are believers.” (Surat Al-Baqarah, 2:278) Allah bans lenders from attaching any simple riba multiplier to their loans or compounded riba attached to both initial principal and accumulated interest: O you who believe! You shall not consume interest on anything lent, multiplying and compounding the return. Rather, be ever God-fearing, so that you may be successful.” (Surat Aal ‘Imran, 3:130) The Prophet Muhammad, on him be peace, categorized riba – its imposition, consumption, contractual inscription, and validation – as the fourth of the “seven deadly deeds,” meaning the seven major sins, so called because they doom those who commit them to Hellfire in the Hereafter. He said: Shun the seven deadly [deeds]. ‘It was said [by a Companion listening to him]: O Messenger of Allah! What are they?’ “He said: Association of partners with Allah; the practice of sorcery; the killing of any person – which Allah has forbidden – except by a divinely established right; the consumption of interest; the consumption of an orphan’s wealth; fleeing on the day of advance into battle; and the defaming of virtuous, innocent, believing women.” (Nasa’i) He said also: Cursed are the receiver and the payer of interest, and the one who records it, and the two witnesses to the transaction. All are alike [in their guilt].” (Muslim) We seek Allah’s protection, deliverance, and forgiveness from riba, and we repent from its pervasive taint of our wealth in these times. We strive to adhere to the proven religious texts, and not go beyond what the jurists said. We look at what people go through and their transactions and try to find sound ways of dealing with that. We try to find that way within the scholarly discourse, especially if there is a need for that and we manage to find a way to solve problems in what the scholars said. We ask Allah to enable us and you to do that which He loves and which pleases Him. And Allah knows best.

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