What is the ruling on purchasing investment certificates (Class C) that do not yield interest but offer draws for financial prizes, and is it permissible to accept the financial prize if won?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
What is mentioned in the question concerning the investment certificate is a type of gambling (lottery), which is forbidden and a major sin according to the Quran, the , and scholarly consensus.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18378
Where this answer came from
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- Ftawy
- Original fatwa ID
- 18378
- 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