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Investing in Heera gold Co.

Answered according to Hanafi Fiqh by Askimam.org

Assalamu alaikum ww There’s a firm called Heera Gold in India, I am sure one would be aware of it. It is permissible to invest in it? Would the profits be Halal for consumption? Jazakumullahu khayra

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

We have browsed through the website of Heera Gold. The details provided are inadequate for us to comment on the product. We require more information about Heera Gold and their mode of investment. You may send your response to [email protected]   

And Allah Ta’āla Knows Best

Mahmood Baig

Student Darul Iftaa

Jeddah, KSA

Checked and Approved by,
Mufti Ebrahim Desai.

______

https://www.quora.com/Is-investing-in-Heera-Gold-safe

https://www.moneylife.in/article/heera-gold-investors-panic-over-late-payments-and-lack-of-answers-about-delays/54585.html

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

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