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Assalamu Alaikum,

This is Haris from Delhi.

Sir, I have invested in gold ETF. Somebody now told me it may not be jaaiz as per Islamic economic laws. Please guide me if this investment is halal or not?

Jazakallah.
asked May 29, 2021 in Business & employment by Mohd Haris

1 Answer

Ref. No. 1438/42-859

In the name of Allah the most Gracious the most Merciful

The answer to your question is as follows:

We don’t know the gold ETF. Write in detail about Gold ETF.

And Allah knows best

 

Darul Ifta

Darul Uloom Waqf Deoband

answered Jun 1, 2021 by Darul Ifta
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