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investment

This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.

Can profit be fixed in an investment?

Answered by TheMufti.com

Q. I invested R100 000 of stock in my friend’s business. My friend agreed to give me a fixed return on investment of R50 000 on R100 000 after selling the stock. At the end of it, I would receive R150 000 in total. Is this correct according to Shariah? A. The transaction in reference… read more »

Zakaat on pension funds

Answered by TheMufti.com

Q. It is compulsory for employees to invest a portion of their salaries in a Pension Fund. After retirement, employees have access to one third of the entire fund. Thereafter, the two thirds of the fund will be paid to employees on a monthly basis. If an employee passes away, the remainder of the two… read more »

Pension Funds

Answered by TheMufti.com

Q. It is compulsory for employees to invest a portion of their salaries in a Pension Fund. After retirement, employees have access to one third of the entire fund. Thereafter, the two thirds of the fund will be paid to employees on a monthly basis. If an employee passes away, the remainder of the two… read more »

Is it permissible to become shareholders of companies by investing money through the national stock … of here & hereafter.

Answered by Darulifta Deoband Waqf

Is it permissible to become shareholders of companies by investing money through the national stock exchange ? Seeking your valuable suggestion and fatwa please.    May Allah bless you with complete & lasting peace as well as profound success of here & hereafter. Rumman Hussain Chowdhury Answer: Ref. No. 1078/41-267 In the name of Allah… read more »

Permissible financial investments.

Answered by DarulUloomTT.net

Q. What are the permissible financial investments an individual can make? A. There are different modes of financial investments that a person can make. However, all must conform to the guidelines and principles of the Shariah. At the onset, one must refrain from every such investment/contract that is connected to interest, speculation and gambling. Parties… read more »

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