Category: Business Investment
Total : 77 Results
Question ID 4261 Saturday 17th of March 2018
Question:
is there any laws on what and what not to invest in , the types of investments are shares, property,cash and fixed interest. is there any rules and regulations of investments
Answer:
All investments are allowed except in companies or businesses dealing with Haraam (forbidden) acts like usury (shares of usury Banks), alcohol, gambling casinos, un ethical films, companies manufacturing weapons to kill innocents, etc.
Wassalam
Mohammad Al-Musawi
Question ID 4165 Wednesday 17th of January 2018
Question:
I have a technology to develop a bio gas bottling plant. I have already developed a plant is successfully running here in India (Surat) for our client. Now i wish to develop a bio gas plant for which i need a capital investment of 650000 US$. The bio gas generated costs INR 20/- and is sold at INR 40/-. The profit margin is 100%. As we will in no case go to the bank as interest is involved, it is very difficult to find an alternative investment body. In such case what could be the solution.
Answer:
It is good to look for a partner to provide the required funds.
If you don't find then taking money from non Muslim bank is allowed.
Wassalam
Question ID 4163 Tuesday 16th of January 2018
Question:
Salams, I pray to Allah almighty to bless with good health. I am mukalid of Ayatullah Sistani (ra). Does Aga allows mining of crypto currency or direct investment in crypto currency.
Answer:
Wa alaykum Assalam wr wb
This issue is under research by many Ulama. You can send your question with
more details to
English@alsistani.org
Wassalam
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Question ID 4099 Friday 8th of December 2017
Question:
Assalamu.Alaikum I would like to know if it is halal to invest and earn money in Bitconnect.
Answer:
It is not yet clear whether Bitcoin is based on real business or just
imagination. We are still researching the reality of Bitcoin and informing
the Maraaje of Taqleed. We are still waiting to hear from the Marja of
Taqleed on this new issue. You can write to us later IA.
Wassalam
Mohammad Al-Musawi
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Question ID 4038 Tuesday 10th of October 2017
Question:
salamun alaikum sheikh may Allah bless u in this pious cause,ameen Is it halal to keep money fixed in a bank and use the profit we get in return,plz help sistani follower
Answer:
Yes it Halal if the bank is owned by non Muslims.
Wassalam
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