[Michmant]

My question has already been answered on this and even linked to fatwas but I just need a bit more detail and explanation (not for msyelf but to show others) and I do not have the knowledge to do so.

My previous thread was;
http://www.sunniforum.com/forum/show...936#post759936

and links to fatwa are provided but I need a bit more of an explanation.
I apologise for posting the same thing twice and appreciate the patience you have with me but this is really important and i need clarity on this.

I will post my question again/

I have a question for you and hoping you can assist.
I have been told the following principle in Islamic finance is haraam.
I would appreciate your views.

Person A says "Invest in me and I will double your money in 6 months"
Person B says "I will invest £100 pounds and then after 6 months I get £200 back
Person A says "Agreed"

I suppose this would be a fixed rate return.

(I won't go into what or where the investment is going as it is not relevant in this scenario) but is this concept halaal or haraam or would you require more information?

If it is haraam and classed as Riba could you provide me with an explanation as to why this would be the case as I know a few brothers who are currently doing this and would like to educate them as much as possible.