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The question

What is the ruling on investing a sum of money in websites that offer high daily or hourly interest, knowing that these websites may close suddenly?

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

Investing money in websites that give a percentage of the principal within a certain period is impermissible. Correct (profit-sharing) is based on a known share of the profit, not of the principal.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
180806
Imported
Translation status
Source text, unreviewed
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