Investing one's money in the investment funds of banks


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A: Invest your money lawfully in fields other than banks, because mostly banks do not avoid usurious dealings, nor do they tell the truth when they claim that their investments are lawful in the viewpoint of Shari`ah (Islamic law). The criterion to be considered here is the attitude they mostly adopt in their dealings. So, they are not to be trusted in this concern.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.




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