Darul Ifta Kauzariyya

Investment Scheme & referral income

Qu-Id: Q0003
Madhab: Hanafi
Date: 01-01-1970
Question:
Is possible in Hanafi madhab investment Scheme. and earning profit. My doubt is i see a website about a company named DMG ( Dream makers global) The company offers a scheme if we invest 6000 rupees or its multiples to this company we will got 15000 after 5 months. The whole amount not got fully at a time but we will get daily 100 rupees. If we invest 12000 we will got 30000 after 5 months .The higher amount is 960000 and we will got 2400000 after 5 months. The company is mainly done gold silver crude oil Foreign currency exchange etc. Is it possible in Hanafi madhab? I have another doubt 2) if i joined a person to this company the company offers half of their investment will be got in my account. If the new member invest 18000 we will got 9000 after 5 months .it is called referral income. Is it possible in Hanafi madhab

Answer:
بسم الله الرحمن الرحيم
الجواب وبالله التوفيق والنجاح
The investment scheme and terms and conditions of this company is against the ruling of Sharia. So that, these kinds of dealings are not permissible & the earning through this profit is also haram.
والله أعلم بالصواب
Written by: Mufti Rajeeb Al Qasimi
Checked & Approved by: Al Usthad Ilyas Al Kauzari
Published by: Al Usthad Ilyas Al Kauzari