What is the ruling on investing in a commission-based product selling platform whose operators claim to invest funds in real projects based on a profit-sharing model, with a guaranteed profit of 99%, almost zero risk, deposit and withdrawal fees, and a tax on early withdrawals?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no legal basis for charging a 3% fee on the deposit amount if it is not calculated from the invested capital. This could invalidate the contract, because it involves stipulating a known sum of money for the Mudarib in addition to the profit, which is unanimously considered void.
Similarly, there is no legal basis for the imposed tax (19%) on the amount withdrawn before the contract expires. This is considered consuming wealth unjustly.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/193994
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 193994
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy