Darul Iftaa Mahmudiyyah

Can i invest in Diamonds?

· 15 Rabiʻ II 1436 AH1 min readFatwa 31777English

Question

I want to know whether i can invest in diamonds.

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

It is permissible to invest in diamonds.[1] However, the investment procedure must also be according to Shariah.

And Allah Ta’āla Knows Best

Saleem Khan

Student Darul Iftaa
Bradford, UK

Checked and Approved by,
Mufti Ebrahim Desai.

www.daruliftaa.net

References (Arabic / Urdu sources)

[1] [رد المحتار ج ٥ ص٥٤ ايج ايم سعيد]

Answered by
Saleem Khan
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/31777
Fatawa SA: https://fatawa.co.za/fatwa/askimam-31777

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