The Majlis Archive

Finance - Banking - Business The Majlis Vol 28 No 09, p.5

Is it permissible to invest in the Killarney Property investment scheme?

Question

Is it permissible to invest in the Killarney Property investment scheme?

Answer

It is a haraam scheme. Investing in this company is not permissible. In fact it is not permissible to invest in any company. All of these so-called investment companies are haraam donkey entities. The so-called 'profit' is nothing but riba.

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The Majlis Vol 28 No 09
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5

Appears under RETIREMENT VILLAGE (approximate).

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