Fatwa: # 14881
Category: Financial Transactions
Country: South Africa
Date: 10th February 2007


I would like to know if you know anything about Masum Billa?


Last  week, a Professor. Ma'sum Billah from Malaysia was in South Africa.He,we were told is an expert in Takaful and Islamic Finance.He apparently engaged in discussions with ulama in Durban before going to Johannesburg, and was advising on an investment called An-Nur which is to be launced in March 2007. I would like to know if you know anything about this person or the meeting with the ulama and if possible comment on the new investment being launched.


In the name of Allah, Most Gracious, Most Merciful

We do not know Masum Billah and his An Nur Investment. We also do not know of any meeting between him and the Ulama of Durban.

And Allah knows best


Mufti Ebrahim Desai
Darul Iftaa

DISCLAIMER - AskImam.org questions
AskImam.org answers issues pertaining to Shar'ah. Thereafter, these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation or another environment. Askimam.org bears no responsibility with regards to these questions being used out of their intended context.
  • The Shar's ruling herein given is based specifically on the question posed and should be read in conjunction with the question.
  • AskImam.org bears no responsibility to any party who may or may not act on this answer and is being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of AskImam.org.
  • Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.
The Messenger of Allah said, "When Allah wishes good for someone, He bestows upon him the understanding of Deen."
[Al-Bukhari and Muslim]