Sir, I want to invest my money in a company that gives its members as per its previous record 10% to 25% benefit yet it’s not fixed, and if I make any member of this company it also gives 25% of that pwrson’s benefit. Is it Halal? Can I invest?
Answer:
(Fatwa: 1369/219=TL/1429)
The procedure of the abovementioned company is not lawful as per the Shariah; therefore it is unlawful to invest in the company.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband