The Majlis Archive

Category

Finance - Banking - Business

810 answers.

Is it permissible to invest in Allan Gray?

Allan Gray is a non-Muslim company. It is not permissible to invest in such a venture. All shares are haraam. The best and safest investment is gold coins. The price constantly…

The Majlis Vol 21 No 09, p.3

Someone asked me to buy him a plane ticket.

It is haraam to charge R2,500. Firstly, a ticket is not material commodity which could be traded in terms of the Shariah. A ticket is merely confirmation of the right to be…

The Majlis Vol 21 No 09, p.4