Ibn MasoodDarul Ifta Ibn Masood

Shariah compliant investments

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Investments

Question

Are there any Shariah compliant investments that your Darul Ifta approves of?

Answer

Unfortunately, we are not aware of any investment schemes that are 100% Shariah compliant. An option worth looking into is the purchasing of Kruger coins or gold, as the value of gold has been continuously escalating over the past years. We obviously cannot predict the future performance of the metal, hence the decision to invest lies totally with you.

Answered by
Mufti Mohammed Desai
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Fatawa SA is an independent, read-only index of fatawa already published by Darul Ifta Ibn Masood. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.