Can I invest in premium bonds ?

Fatawa Question

Can I invest in premium bonds ? The Al-Qalam Shariah scholars panel is respectfully requested to advise on the Islamic position regarding premium bonds. Are they a suitable way for Muslims to invest ?

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2012-05-20

Country of Publication

United Kingdom

Main Subjects

Financial and Accounting Sciences
Religion
Law
Islamic Studies

Topics

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-726366

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2012-05-20. Can I invest in premium bonds ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726366

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). Can I invest in premium bonds ?. Manchester England : al-Qalam Shariah Scholar Panel. 2012-05-20.
https://search.emarefa.net/detail/BIM-726366

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2012-05-20. Can I invest in premium bonds ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726366