Category: Business Matters
Fatwa#: 38561
Asked Country: Saudi Arabia

Answered Date: Oct 09,2018

Title: Investing in Heera gold Co.

Question

Assalamu alaikum ww There's a firm called Heera Gold in India, I am sure one would be aware of it. It is permissible to invest in it? Would the profits be Halal for consumption? Jazakumullahu khayra

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

We have browsed through the website of Heera Gold. The details provided are inadequate for us to comment on the product. We require more information about Heera Gold and their mode of investment. You may send your response to admin@daruliftaa.net   

And Allah Ta’āla Knows Best

Mahmood Baig

Student Darul Iftaa

Jeddah, KSA

Checked and Approved by,
Mufti Ebrahim Desai.

 

https://www.quora.com/Is-investing-in-Heera-Gold-safe

https://www.moneylife.in/article/heera-gold-investors-panic-over-late-payments-and-lack-of-answers-about-delays/54585.html

 

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