ANSWER:

This is absolutely prohibited and you must immediately withdraw your money!

QUESTION: Is it permissible in Islam to invest in a gold scheme where customers can purchase jewellery at either the pre-booked gold rate (against advance payment) or the invoice date rate, whichever is lower? If not, should I withdraw my money or buy the jewellery?

Halal/Haram Matters, Riba | October 30, 2025 3:20 am
Previous

QUESTION: I have a hobby of collecting banknotes from different countries, some were gifted to me and others I kept after traveling, some of them have just images of nature while other have images of people and animals, is it permissible to collect those with images of animate beings?
Next

QUESTION: Is kneeling to propose someone shirk