Fatwa: # 44406
Category: Business Matters
Date: 26th April 2020


I want to know if this investment is Halaal or not?


Assalamu laikum, may Allah increase your Iman.

I am into an investment which allows for a minimum deposit of $300 and a maximum of $140,000, after which I will get 20% of the initial deposit after every two months. I want to know if the investment is Halal or not. Does it contain riba or not?

Thank you.

Jazakumullahu khairan.


Assalamu alaykum warahmatullahi wabarakatuh


A fundamental principle for any investment to be halal is that a person recieves a percentage of the profits earned and not a percentage of the capital invested. 


The enquired investment is not permissible as you will be receiving a percentage of the capital you invested. 


And Allah Ta'ala knows best


Checked & Approved by,


Mufti Ebrahim Desai


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]