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The question

Is investing in the "MLM Business Shop" company, which operates in the field of advertising, IT, and technology development, and generates profit in two ways: first, by purchasing advertising shares (packs) that yield a monthly profit of 25% of the invested amount for a year, with a monthly payment of $49 for VIP membership to withdraw profits or reinvest; and second, by attracting other investors and receiving 8% of their investments, permissible or impermissible (halal or haram)?

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

The aforementioned system is impermissible to deal with, because guaranteeing profit and knowing its exact percentage (25% monthly for one year) takes it out of the permissible forms of mudarabah (profit-sharing partnership) or trade. This is indistinguishable from the meaning of riba (usury).

As for bringing in new people and receiving a percentage of their invested money, this is multi-layer marketing, also known as network or pyramid marketing, which is forbidden in Islamic law.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
160804
Imported
Translation status
Source text, unreviewed
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