ANSWER:

This concept is a form of buying shares in a company or a project that one buys for a certain period of time where he is a partner in loss and profit.

If there is a trusted sharia board that overlooks the dealings of such sukook, investing in it is halal in Sha Allah. It is not بيع العينة because this is totally different than buying a share for a period of time and selling it afterwards according to the price of the market and not according to an agreed price!  

Is it not possible that sukuk falls under بيع العينة considering the criteria for the sale of the asset is always that it is resold to the seller, or that it falls under buying a product that is not yet owned as in a fish in the water, or بيعتين في بيعة؟ I’m afraid most dealings replacing riba, but tagged halal still end up haram because they aim for same results

Islamic economy | July 8, 2020 10:02 am
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My cousin brother wants to start a mobile business. My mother wants to invest money in his business and from the profit he’ll have she wants 50/50 of it. She will not be involved in any other way in his business other than investing money. Now she wants to know can she do so?
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Regarding the car purchased on installments from Abdul latif Jameel, a person paying installment sells me the car. His last payment is pending. He makes a deal with me and I give him last payment. He pays it. This is done with the consent of the actual owner Abdul Lateef Jameel, & they will transfer car ownership to my name directly. is this transaction halal for buyer? if not is it riba?