Is investing in an online investment company that promises daily profits ranging from 2% to 6% for 170 days, with the possibility of withdrawing capital and profits after this period, and with a variable daily profit rate that increases with the increase in investment value, knowing that the company is not responsible for any loss, considered usury (riba)? And are similar companies that double the investment value over varying periods according to their profits permissible?
It is not permissible to participate in this company, nor in similar ones, for two reasons: First, the shareholder's profit is a daily percentage of the paid-up capital, which invalidates the Mudarabah (partnership) contract, where the profit must be a common percentage of the actual profits, not of the capital. Second, trading in bonds is not free from usury (riba).
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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