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Promotional prizes with or without purchased tickets : draw-based prizes of conventional banks
Fatawa Question
Assalamu Alaikum I have three questions. 1. Conventional banks are offering prizes ranging from Cars and Houses to cash on a "Draw" to account Holders. Is it permitted to accept the prize if one is a recipient ? The Account maintained is not Riba generating (current Account) 2. Are media personnel (Announcers / TV Presenters) allowed to voice commercials or conduct sponsored programs for financial institutions that are not Shari’ah-based. 3. Having worked in a conventional Insurance Company and having now shifted to Takaful, are my savings from the previous employer lawful ? This would include a vehicle purchased through a loan from the Company.
Fatwa
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Publication Date
2001-04-16
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725234
American Psychological Association (APA)
Qahf, Mundhir. 2001-04-16. Promotional prizes with or without purchased tickets : draw-based prizes of conventional banks. .
https://search.emarefa.net/detail/BIM-725234
Modern Language Association (MLA)
Qahf, Mundhir. Promotional prizes with or without purchased tickets : draw-based prizes of conventional banks. 2001-04-16.
https://search.emarefa.net/detail/BIM-725234
American Medical Association (AMA)
Qahf, Mundhir. 2001-04-16. Promotional prizes with or without purchased tickets : draw-based prizes of conventional banks.
https://search.emarefa.net/detail/BIM-725234