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The question

What is the ruling on UAE National Sukuk in general, and what is the ruling on keeping only their profits while disposing of the prize amounts by spending them on charitable causes?

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

Fatwa No. 86336 clarified the impermissible elements in the aforementioned certificates (sukuk) and concluded that it is not permissible to subscribe to them until they are free from all the mentioned prohibitions. Whoever has subscribed to them and received prizes must dispose of them through charitable deeds and for the benefit of Muslims. Allah knows best.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
106508
Imported
Translation status
Source text, unreviewed
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