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Investing in a company

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: One Trading Investment company is offering 5 times the amount after 3 years, is it allowed in Islam or prohibited?

Bismillaah

A: We do not know how this company functions. Hence, it is difficult to give an answer.

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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