Is it permissible to deal with a company that offers monthly profits at a rate of 30% of the investment amount for one year, where the capital is included in the monthly accrued profits?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Dealing with the company in this manner is explicit Riba (usury), as the customer lends a sum to gain a fixed profit, and this is a loan with an increase, which is among the forbidden forms of Riba upon whose prohibition there is a consensus.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 91047
- Imported
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