Are premium bonds jaiz? With premium bonds for every £ you get a number which are then put into a draw each month. If your number comes out then you win a prize.

Answer:

We have studied the documents on premium bonds sent by you. According to the Shariah it is not permissible to purchase or invest in the premium bonds.

And Allah Ta’ala knows best

Mufti E. Desai

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

Tags: Shariah

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