The Majlis Archive

Finance - Banking - Business The Majlis Vol 21 No 09, p.3

Is it permissible to invest in Allan Gray?

Question

Is it permissible to invest in Allan Gray? In which shares can we invest?

Answer

Allan Gray is a non-Muslim company. It is not permissible to invest in such a venture. All shares are haraam. The best and safest investment is gold coins. The price constantly rises. Those who had bought krugerrands three years ago have made 80% profit. There is no share company which can hope to pay even a quarter of such dividends.

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The Majlis Vol 21 No 09
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