Darul Iftaa Mahmudiyyah

Are premium bonds jaiz? With premium bonds for every £ you get a number which are then put into a draw each month. If your number comes out then you win a prize.

· 19 Ramadan 1421 AH1 min readFatwa 1683English

Question

The question text was not published separately; the title stands in for it.

Are premium bonds jaiz? With premium bonds for every £ you get a number which are then put into a draw each month. If your number comes out then you win a prize.

Answer

We have studied the documents on premium bonds sent by you. According to the Shariah it is not permissible to purchase or invest in the premium bonds.

And Allah Ta'ala knows best

Mufti E. Desai

Answered by
Mufti E. Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/1683
Fatawa SA: https://fatawa.co.za/fatwa/askimam-1683

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