IslamQA

Investments

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I had given money to a builder for investment purpose in his project he will invest money in his projects and distribute profit among investor on percentage wise. Is it permissible to invest like this?

Bismillaah

A: In any investment the investors have to share equally in the profits and losses.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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