 In this module, we would look into another interesting thing. In the last module, we had a view on cryptocurrencies and our view was not very favorable. There is another phenomenon which is called bonus points, loyalty points or in case of airlines, airlines offer air miles. These air miles are offered by almost every airline in the world, including PIA. Air miles, basically these are loyalty benefits which are offered by the airlines to their customers i.e. passengers. And these air miles can be used to buy some flights which effectively can become for free or for a certain discounted price. There is an emerging business in the world which is around buying and selling of airlines air miles or other loyalty when. Now, if we combine all the air miles for example in the world, their value can be in big hundreds of billions of dollars. So, all the air miles or whatever name they are given their value is used. Now in a lot of cases these air miles they go unspent. I am a frequent flyer and I can tell you that I have lost a lot of air miles because I did not have an opportunity to fly with a particular airline for a certain time period although previously I was flying with that airline frequently. So, these air miles they have in a lot of cases they have an expiry date. There are certain airlines they do not put an expiry date on air miles. Gullfair is one of them. So, whatever air miles you get from Gullfair they do not expire. In case of Emirates airlines for example there is an expiry date. Now the question arises can someone sell these air miles for a price cash price? First thing is that these air miles are what? These air miles are benefits and these air miles they are benefits which would accrue to me the air owner of the air miles only when I exercise my right in future. So, in other words this is a benefit which is in the form of receivable. This is in the form of a debt. Remember in our previous modules we discussed that Islam or Islamic law does not allow trading in debt. If air miles are considered as a receivable a receivable benefit then there should be some Sharia concerns on me selling this receivable benefit for cash. When I started this module you might have been thinking that I am going to waste time. This is not a non-issue. No from Sharia viewpoint this is a big issue and Sharia scholars are looking into the tradability or trading in air miles. If you google and type trading in air miles you will actually come across quite a number of new companies set up whose primary business is trading in air miles, trading in bonus points, trading in loyalty points. From a Sharia viewpoint there is no consensus on the trading in the assets or in the things like air miles because we are not quite sure what is their exact nature. In fact many issuers of these things these air miles they are not quite sure about the legal status of these things I would like to say air miles loyalty points and so on. So until we have clarity on the status legal status of air miles we would find it difficult to come up with a definite view from a Sharia viewpoint on air miles.