The Majlis Archive
Finance - Banking - Business The Majlis Vol 24 No 07, p.5

Is it permissible to invest in the Islamic financial institution called IMAIP Bullion & Trading, which is an institution in India?

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.

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The Majlis Vol 24 No 07
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5

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Appears under DEVILS INHUMAN BODIES. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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