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Islamic Investment

Answered as per Hanafi Fiqh by ShariahBoard.org

Assalaamu alaikum wa rahmatullahi wa barakatuhu,

With due respect, I wanted to inquire about the following Islamic investment program. Please kindly let me know if it is halaal.
Jazak’Allahu khaira
Islamic Investment

الجواب وبالله التوفيق      

Our method to give the Fatwa in regards to the permissibility or non-permissibility of such contracts is that the Shar’i ruling about it is given after reviewing the personal contracts.

As a precaution, giving Fatwa only on the details of the website is avoided as more often, compared to the websites, there are more details and particulars in the personal contracts on which the permissibility or non-permissibility is based. Giving Fatwa without their consideration is against Caution. Please forward your personal contract received from this institution. Inshaa Allaah after reviewing its Shar’i ruling will be provided.

واللہ اعلم بالصواب

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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