-
Is Investment Profit Considered Riba?
If a person invests some money in a business and takes a fixed profit every month does it count as interest ?
-
1 Reply
-
Is Investment Profit Considered Riba?
updated 4 years, 2 months ago
2 Members
·
1
Reply
-
Riba is only a concern in a loan transaction, and does not apply to investments. However, in any transaction we still need to make sure that the terms of the transaction are fair and moral. Impermissibility of riba is only one of the many possible applications of the Quranic principle of not devouring wealth through unfair means.
For a detailed discussion by Ghamidi sahab on the topic of riba please see the following:
Sponsor Ask Ghamidi
Please sponsor Ask Ghamidi so that we can continue to provide and improve this community platform.
In the last 1696 days, 7,730 registered users have posted 60,739 messages under 17,138 unique topics on Ask Ghamidi.
