The Majlis Archive

Finance - Banking - Business The Majlis Vol 24 No 10, p.3

Please comment on the concept of Trusts which the mufti of Amaanah company expounds.

Question

Please comment on the concept of Trusts which the mufti of Amaanah company expounds. Is this a valid Shar'i concept?

Answer

There is no concept of 'trusts' and 'legal persons' in the Shariah. What the moron wrote is bunkum. It is our intention to refute Amaanah's haraam riba and baatil products. Insha-Allah, we hope to publish a refutation soon.

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The Majlis Vol 24 No 10
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Appears under IJTIMAS (approximate).

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