Home » Hanafi Fiqh » Muftionline.co.za » Guaranteed Future Value Scheme
Q: I have seen an advert which offers paying a fixed amount per month for a vehicle valid on the Guaranteed Future Value Scheme. Is this permissible? If so, is it advisable?
A: We do not know how this scheme works.
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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