Is Investment Banking permissible?

Is Investment Banking permissible?

In the name of Allah, the most Beneficent, the most Merciful.

Answer:

Investment Banking is permissible as long as there is no interest involved.

Only Allah Knows Best

Mohammed Tosir Miah

Darul Ifta Birmingham.

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This answer was collected from DarulIftaBirmingham.co.uk, which is run under the supervision of Mufti Mohammed Tosir Miah from the United Kingdom.

Tags: Bank, Interest, investment, mohammed

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