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Variable interest and interest under other names, prize bonds and accounts : are prize bonds permissible ?
Fatawa Question
Assalamu Alaikum in Pakistan issues prize bonds on no profit no loss bases but there is prize after every three months to make people save money. The money given away by the govt. To selected people (numbers) is lawful in Islam or not. Thanks.
Fatwa
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Publication Date
2002-06-18
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725870
American Psychological Association (APA)
Qahf, Mundhir. 2002-06-18. Variable interest and interest under other names, prize bonds and accounts : are prize bonds permissible ?. .
https://search.emarefa.net/detail/BIM-725870
Modern Language Association (MLA)
Qahf, Mundhir. Variable interest and interest under other names, prize bonds and accounts : are prize bonds permissible ?. 2002-06-18.
https://search.emarefa.net/detail/BIM-725870
American Medical Association (AMA)
Qahf, Mundhir. 2002-06-18. Variable interest and interest under other names, prize bonds and accounts : are prize bonds permissible ?.
https://search.emarefa.net/detail/BIM-725870