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The question

What is the ruling on subscribing to a Takaful fund that invests 30% of its capital in investment certificates or treasury bonds, and the remainder in a Sharia-compliant investment?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to subscribe to a Takaful fund if it invests any of its money through usury (riba), including investment certificates (A) and (B), and treasury bonds or bills. All of these fall under prohibited usury.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
139410
Imported
Translation status
Source text, unreviewed
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