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Is Investment Banking permissible?

Answered as per Hanafi Fiqh by DarulIftaBirmingham

Is Investment Banking permissible?

In the name of Allah, the most Beneficent, the most Merciful.

Answer

Investment Banking is permissible as long as there is no interest involved.

Only Allah Knows Best

Mohammed Tosir Miah

Darul Ifta Birmingham.

This answer was collected from DarulIftaBirmingham.co.uk, which is run under the supervision of Mufti Mohammed Tosir Miah from the United Kingdom.

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