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The question

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?

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

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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Where this answer came from
Source platform
Ftawy
Original fatwa ID
91047
Imported
Translation status
Source text, unreviewed
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