Could you kindly elaborate on the reasons for FEDGROUP being non Shariah compliant

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

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

1] The Darul Iftaa was approached by the Fed Group Impact Farming to design a Shariah Compliant product for Muslim investors.

After revising the concept and contracts, a pilot project was approved. This pilot project is in process and not for general public investment.

2] The Darul Iftaa has approved the following:

1) Al- Mabroor’s Buffalo investment scheme

2) Al- Mabroor’s Cattle investment scheme

3) Al- Mabroor’s Property investment scheme

And Allah Ta’āla Knows Best

Checked and Approved by,
Mufti Ebrahim Desai.