Is “Anglo Wealth Investment” Shariah compliant?
Published as Anglo wealth investments
Question
Is “Anglo Wealth Investment” Shariah compliant?
Answer
Due to a number of clauses (in the contract) not being in accordance to Shariah, our Fatwa department does not approve of the said investment.
- Answered by
- Mufti Mohammed Desai
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Ifta Ibn Masood — https://fataawa.co.za/anglo-wealth-investments/
Fatawa SA: https://fatawa.co.za/fatwa/ibnmasood-16714