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Is it permissable to invest in Sernova Corp.?

Answered as per Hanafi Fiqh by Askimam.org

Salam,

Please could you indicate if investing in this company; sernova corp (http://www.sernova.com/),

is permissible? 

Jazak-Allah khair.

Answer

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

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

According to our understanding, Sernova is a company developing medical service technology which is permissible.

You enquire about investing in sernova.

What are the terms and conditions of investment?

You may forward that to us for our consideration and advice. You may reply to admin@daruliftaa.net  Reference= Mahmood Baig

And Allah Ta’āla Knows Best

Mahmood Baig

Student Darul Iftaa

Jeddah, KSA

Checked and Approved by,
Mufti Ebrahim 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.

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