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Is Investing for Profit Halal?

Answered as per Hanafi Fiqh by Muftionline.co.za

Q:

1. I got an offer from somebody that if I invest some money with him, for example 100 USD then he will give me back 130USD after one month without any work. Is it halaal?

2. Somebody told me if I invest 100 USD in his website and work daily for it (I think work will be related to share his company, website or post something about his business on social media) then he will give me 130USD back after the month. Is it halaal?

3. Somebody told me if I invest 100 USD in his Business/Website and daily work for it (work is related to his advertisement) then he will give me back 200 USD means double after the month. If I do not work for them then they will give me only 20% earnings on my investment on monthly basis. Is it halaal?

4. Somebody told me if I invest 100 USD with him whether I work he will give me 30% on my investment and if I do not work then he will also pay me 30% on my investment. Is it halaal?

5. Somebody told me if I invest 100 USD with him and daily work for it (work is related to his advertisement) then he will give me 30% profit on it and if I do not work then he will not give me any profit means my earnings/profit depends on my daily work. Is it halaal?

6. Somebody told me if I invest 100 USD with him then he will give me 130% on end of month means 130 USD. There is no work for me. Now here is the question they said either they earn 1000 USD or 1 Lac USD they will give me fixed 130% and something occurs bad and if they collapse their business/website then they will give me real seed money/investment without any profit. Is it halaal?

7. If I buy 50 USD AdPack from any Website/Company and it makes 55 USD and the work is watching of 10 Ads Daily then after making of 55 USD the adpack expires (ads are related to different websites, companies, hotels etc, means related to every aspect of life). Is it halaal?

Bismillaah

A: We are not aware as to how this partnership is going to work. If it is that you give 100 and you get 130 then this is interest. In a partnership, the partners share both the profit and the loss. And it is difficult to ascertain the exact profit. So how can one say that he will get 30 % of the investment.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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