Tuesday | 16 April 2024 | 7 Shawaal 1445

Fatwa Answer

Question ID: 668 Category: Dealings and Transactions
Islamic Investment

Assalaamu alaikum wa rahmatullahi wa barakatuhu,

With due respect, I wanted to inquire about the following Islamic investment program. Please kindly let me know if it is halaal.
Jazak'Allahu khaira

الجواب وبالله التوفيق      

Our method to give the Fatwa in regards to the permissibility or non-permissibility of such contracts is that the Shar’i ruling about it is given after reviewing the personal contracts.

As a precaution, giving Fatwa only on the details of the website is avoided as more often, compared to the websites, there are more details and particulars in the personal contracts on which the permissibility or non-permissibility is based. Giving Fatwa without their consideration is against Caution. Please forward your personal contract received from this institution. Inshaa Allaah after reviewing its Shar’i ruling will be provided.

واللہ اعلم بالصواب