Darul Iftaa Mahmudiyyah

Is it permissible to invest in Al-Barakah?

· 25 Jumada II 1436 AH1 min readFatwa 32715English

Question

Is it permissible to invest in Al Barakah?.yes/no...Jazakallah

Answer

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

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh

Your question is unclear. Kindly advise which product you wish to invest within Al-Barakah Bank and kindly provide the underlying terms and conditions of the investment product in reference.

And Allah Ta’āla Knows Best

Ismail Desai,

Darul Iftaa

Checked and Approved,

Mufti Ebrahim Desai.

Answered by
Ismail Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/32715
Fatawa SA: https://fatawa.co.za/fatwa/askimam-32715

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