Pearl of Wisdom

'Whoever forgets a chapter (Surah) from the Qur'an, it will exemplify to him as a form of a reward and a high station. When he sees it, he will ask, 'Who are you? How great you are! If only you were mine!' and it will say to him, 'Don't you know me? I am chapter so and so, and if you did not forget me I would have elevated you to this place.'

Imam Ja'far ibn Muhammad al-Sadiq [as]
Thawab al-A'mal, p. 283, no. 1

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Question : #532 Category: Business / Investment
Subject: investment in bonds
Question: Is it haram to invest in bonds?
Answer: Depending on the interest source.

So yes, if an agreement is made between the lender and the government that a fixed amount of interest will yield on the principal of the bonds.

However, if no such condition is stated and with the understanding that you would not require the borrower to pay you interest, then in that case you can invest in such ventures and use the full amount of interest, if it is a bank of the unbelievers (kafir).

If it is a Muslim bank, then you have to distribute half of the interest money to the poor and the other half belongs to you.

SOURCE: Ayat. Khui, Masailah wa Rudud, p. 113

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