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The question

What is the ruling on investing in the Success Factory company in "The View" project, which is based on virtual reality glasses, with optional marketing for the company, and what is the extent of the legitimacy of the alleged profits in this type of investment?

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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 company is forbidden because it charges a subscription fee of 25 Euros, which makes marketing for it a prohibited form of gambling. Many users have also warned against it, and the "Thiqah" (Trust) website considered it unreliable because it is a scam and fraud company from which money cannot be recovered.

For investment in any company to be permissible, the following conditions must be met:

1. Knowledge of the investment field and that it is permissible, and verification of its financial activity.

2. Capital should not be guaranteed, except in cases of negligence on the company's part.

3. The profit must be specified as a common percentage of the profit (such as one-third, half, or 20%) and not from the capital.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
16379
Imported
Translation status
Source text, unreviewed
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