AskImamDarul Iftaa Mahmudiyyah (AskImam)
Can you please tell me where I can invest my money without coming close to riba or any kind of haram?
Question
A list of Islamic banks in the US or overseas; if funds are acceptable; etc.
Answer
We advise you invest your monies in Dow Jones as it is supervised by a panel of reliable jurists. Kindly refer to www.jamiatusa.org for more details.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
FATWA DEPT.
- Answered by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.