Are there any South African Shariah compliant investments that are permissible to invest in?

· 22 Jumada I 1442 AH1 min readFatwa 46906English

Question

Asalamualykum

Which shariah compliant investments are permissible to invest in in South Africa?

Jazakallah

Answer

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

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

The Darul Iftaa has designed and approved only the Al-Mabroor Buffalo Project and Al-Mabroor Property Investment Scheme. You may view our Certificate of Shariah Compliancy on their website: http://almabroorprojects.com/shariah-compliance/

The Darul Iftaa does not bear any responsibility beyond designing and approving the Shariah compliancy of the product. One may invest after one has thoroughly checked the scheme himself and is fully satisfied and invest with his own risk.

And Allah Ta'āla Knows Best

Mohamed Ebrahim bin Ismail Abdullah

Student - Darul Iftaa

Pietermaritzburg, KZN, South Africa

Checked and Approved by,

Mufti Ebrahim Desai.

Answered by
Mohamed Ebrahim bin Ismail Abdullah
Checked & approved by
Mufti Ebrahim Desai
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