Halaal investment opportunities

· 29 Rabiʻ II 1444 AH1 min readEnglish

Question

Could you be kind enough to enlighten us on some Halaal investment opportunities ?

Answer

Our Darul Ifta hasn’t approved of any investments, nor are we aware of any Halaal investment opportunities. However, gold has been a good investment in the past, but currently the gold market hasn’t been very stable. We cannot predict the future of the metal but you may make Istikhaarah and decide as to whether you should invest in the metal or not.

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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