Must I return the money my friend lost in a Forex company, after I advised him to invest his money in it, assuring him that it was a guaranteed company, and then its owner disappeared?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The questioner is not obligated to pay the amount or bring the person merely for consultation and urging participation, unless he has made it obligatory upon himself through a contract of guarantee or sponsorship, bearing in mind the difference in rulings regarding forex companies between what is permissible and what is forbidden.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/183460
Where this answer came from
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- Ftawy
- Original fatwa ID
- 183460
- 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