Question
Is it permissible to invest in Oasis Islamic finance?
Answer
Oasis is not a Shariah-compliant entity. It is a conventional haraam riba financial institution. Every haraam activity of the kuffaar is therefore compatible with this entity and with all other so-called Islamic banks.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 21 No 05
- PDF page
- 3
Appears under Questions and Answers (approximate).