24 Dhul-Qa'dah 1441

I wanted to ask about investing in treasury Bill’s. After retirement we are paid a huge sum of money and to just keep it you are afraid of alot of bad things happening like people defrauding u and all so can we invest the money knowing they will be safer. Thank you

By Admin
In Halal/Haram Matters
Dec 15th, 2019
0 Comments
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ANSWER:

Such bonds or treasury bills are loans to the government that generates riba and interest which is one of the 7 major sins in Islam. 

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