Fatwa #385619 October 2018Saudi Arabia
Investing in Heera gold Co.
Question
Assalamu alaikum ww There's a firm called Heera Gold in India, I am sure one would be aware of it. It is permissible to invest in it? Would the profits be Halal for consumption? Jazakumullahu khayra
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
We have browsed through the website of Heera Gold. The details provided are inadequate for us to comment on the product. We require more information about Heera Gold and their mode of investment. You may send your response to admin@daruliftaa.net
And Allah Ta’āla Knows Best
Mahmood Baig
Student Darul Iftaa
Jeddah, KSA
Checked and Approved by,
Mufti Ebrahim Desai.
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