Fatwa #4545511 September 2020India
AIX Investment Group
Question
Assalamu aalaikum WRWB
Dear Mufti Sb.
I am from India, working in Jeddah. I have come across the investment group ‘AIX Investment Group’ operating from Dubai, their portfolio includes investments in Forex, Commodities and Cryptocurrencies CFD (Contract For Difference),
https://www.aixinvestment.com/
AIX offers:
- AIX Dynamic – Forex, Commodities and Cryptocurrencies CFD
- AIX Secure -
- AIX Digital
Is any of the products offered by AIX Investment sharia compliant, can I invest in any of the above? Would be very crucial for me and any other investor who is looking for Sharia based investment.
Would you suggest any sharia based investment?.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Respected Brother,
We cannot comment on the Shari’ah compliancy of any product unless we review the relevant contracts.
You may obtain the relevant contracts and forward them to us at admin@daruliftaa.net Ref: Bilal Pandor
And Allah Ta’āla Knows Best
Bilal Yusuf Pandor
Student Darul Iftaa
Lusaka, Zambia
Checked and Approved by,
Mufti Ebrahim Desai