Question
Is it permissible to invest with Al Mabroor company? If not, why? According to the research of some Ulama, it is permissible.
Answer
Al Mabroor is firstly a kaafir company. The investor does not become a partner in terms of the Shariah. He does not own any of the assets of the company. He buys a share in the future profits of the company. This is pure riba. This is the fundamental reason for investing in this company being haraam. It is not a valid Shar‟i Shirkat. The research of some ulama is putrid and silly.
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- themajlis.co.za
- Published in
- The Majlis Vol 26 No 09
- PDF page
- 4
Verbatim verified against the source PDF
Appears under ALLAH’S OMNIPRESENCE. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.