Question
Is it permissible to invest in the Islamic financial institution called IMAIP Bullion & Trading, which is an institution in India?
Answer
It is not permissible. All these banks and financial institutions operate in conflict with the Shariah. Do not accept their claims of compliance with the Shariah.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 24 No 07
- PDF page
- 5
Appears under DEVILS IN HUMAN BODIES (approximate).