DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Double your money

**ketNavatutt** · 05-04-2012, 07:45 PM

This is purely haram as it is based on Fixed Return. Investment doesn;t guarantee fixed amount and who ever claims that the returns are fixed are faking and this cannot be halal. As per my little knowledge of investment, returns and schemes. There is no way to "double money" unless and untill it is purely based on cheating or some hot services sector business. Oil drilling is not a service sector business, thus there is no chance to get "double money" from there.

Not to mention that drilling oil in Pakistan sounds more funnier.

JazakAllah Khair brother for your reply.
I must at once inform the people who I know who are part of this especially family members.
Once again forgive my ignorance but i assume this is laws of sharia and not questionable and all 4 madhabs agree to this?

05-04-2012, 07:45 PM	#9
ketNavatutt Join Date Oct 2005 Posts 512 Senior Member	This is purely haram as it is based on Fixed Return. Investment doesn;t guarantee fixed amount and who ever claims that the returns are fixed are faking and this cannot be halal. As per my little knowledge of investment, returns and schemes. There is no way to "double money" unless and untill it is purely based on cheating or some hot services sector business. Oil drilling is not a service sector business, thus there is no chance to get "double money" from there. Not to mention that drilling oil in Pakistan sounds more funnier. JazakAllah Khair brother for your reply. I must at once inform the people who I know who are part of this especially family members. Once again forgive my ignorance but i assume this is laws of sharia and not questionable and all 4 madhabs agree to this?
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