I am from Rawalpindi, i need confirmation about Prize Bond ( In Pakistan ), Is Prize Bond halal or not, Please guide me about this (with explanation) Thanks!
Answer:
(Fatwa: 907/847=B/1430)
Prize bond is a kind of gambling (qimar); therefore it is unlawful and haram.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband