What is the ruling on the "Kanz Certificate" issued by some Jordanian banks, which is a receipt for fifty dinars or multiples thereof, and is subject to periodic draws for sums of money, real estate, or cars, knowing that the full amount can be redeemed at any time without increase or decrease, and what is the ruling on the prizes resulting from it, and what is the ruling on saving with this certificate without accepting the prize, in order to avoid the interest given in savings accounts?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The voucher referred to in the question, which is bought for a certain amount and entered into a draw to win a prize, is prohibited gambling, especially if the banks dealing with it are usurious, as dealing with them is impermissible to begin with.
Summarized from the full answer at Ftawy · imported
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