Fatwa: # 45455
Category: Business Matters
Country:
Date: 11th September 2020

Title

AIX Investment Group

Question

Assalamu aalaikum WRWB

 

 

Dear Mufti Sb.

 

I am from India, working in Jeddah. I have come across the investment group ‘AIX Investment Group’ operating from Dubai, their portfolio includes investments in Forex, Commodities and Cryptocurrencies CFD (Contract For Difference),

 

https://www.aixinvestment.com/

 

https://noorcapital.ae/

 

https://www.adss.com/en/

 

AIX offers:

  1. AIX Dynamic – Forex, Commodities and Cryptocurrencies CFD
  2. AIX Secure -
  3. AIX Digital

 

Is any of the products offered by AIX Investment sharia compliant, can I invest in any of the above? Would be very crucial for me and any other investor who is looking for Sharia based investment.

 

Would you suggest any sharia based investment?.

Answer

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

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

Respected Brother,

We cannot comment on the Shari’ah compliancy of any product unless we review the relevant contracts.

You may obtain the relevant contracts and forward them to us at admin@daruliftaa.net Ref: Bilal Pandor

 

And Allah Ta’āla Knows Best

Bilal Yusuf Pandor

Student Darul Iftaa

Lusaka, Zambia

Checked and Approved by,
Mufti Ebrahim Desai

 

 

DISCLAIMER - AskImam.org questions
AskImam.org answers issues pertaining to Shar'ah. Thereafter, these questions and answers are placed for public view on www.askimam.org for educational purposes. However, many of these answers are unique to a particular scenario and cannot be taken as a basis to establish a ruling in another situation or another environment. Askimam.org bears no responsibility with regards to these questions being used out of their intended context.
  • The Shar's ruling herein given is based specifically on the question posed and should be read in conjunction with the question.
  • AskImam.org bears no responsibility to any party who may or may not act on this answer and is being hereby exempted from loss or damage howsoever caused.
  • This answer may not be used as evidence in any Court of Law without prior written consent of AskImam.org.
  • Any or all links provided in our emails, answers and articles are restricted to the specific material being cited. Such referencing should not be taken as an endorsement of other contents of that website.
The Messenger of Allah said, "When Allah wishes good for someone, He bestows upon him the understanding of Deen."
[Al-Bukhari and Muslim]