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Question # : 8552

India

Sir, I want to invest my money in a company that gives its members as per its previous record 10% to 25% benefit yet it's not fixed, and if I make any member of this company it also gives 25% of that pwrson's benefit. Is it Halal? Can I invest?

Answer : 8552

Published on: Nov 6, 2008

بسم الله الرحمن الرحيم


(Fatwa: 1369/219=TL/1429)


 


The procedure of the abovementioned company is not lawful as per the Shariah; therefore it is unlawful to invest in the company.



Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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