Pearl of Wisdom

in his advice to his son, ?O My son, make persuasion and expressing of content from among what you arm yourself with against the enemy to knock him down.. Do not try to avoid him so that whatever you have inside be manifested to him, leading him to prepare himself for you [to reciprocate].'

Luqman the Wise [as]
Amali al-Saduq, p. 766, no. 1031

Latest Answers

Receive Qul Updates

Name:
Email:



Ask Qul - QA
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

If you require further clarification on this answer, please use the feature to respond to the stated answer.
Copyright © 2017 Qul. All Rights Reserved.
Developed by B19 Design.