The Majlis Archive

Finance - Banking - Business The Majlis Vol 23 No 08, p.5

Is the Kipi investment scheme permissible?

Question

Is the Kipi investment scheme permissible?

Answer

The 'investment' scheme is a haraam fraudulent practice. Never become soiled in this riba and maisar (gambling) kuffaar scheme.

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The Majlis Vol 23 No 08
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