I want to know whether i can invest in diamonds.
Answer:
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
It is permissible to invest in diamonds.[1] However, the investment procedure must also be according to Shariah.
And Allah Ta’āla Knows Best
Saleem Khan
Student Darul Iftaa
Bradford, UK
Checked and Approved by,
Mufti Ebrahim Desai.
www.daruliftaa.net
[1] [رد المحتار ج ٥ ص٥٤ ايج ايم سعيد]