FatwaPerlisTransactions & Finance
Fatwa Pelaburan Amanah Saham Bumiputera (ASB)
Is investing in Amanah Saham Bumiputera (ASB) permissible according to the Perlis fatwa?
Short answer
The Perlis State Fatwa Committee ruled that investing in ASB is permissible, since Muslims are expected to hold national equity, most ASB investments are in halal sources, and Muslims have no comparable alternative.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perlis State Mufti Department
- Status
- Fatwa committee decision
- Series
- Himpunan Fatwa Negeri Perlis
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Perlis State Fatwa Committee ruled that investing in ASB is permissible, since Muslims are expected to hold national equity, most ASB investments are in halal sources, and Muslims have no comparable alternative. Investors who are able should press for ASB to become fully Shariah compliant. Investors are advised to purify 20% of their dividends by giving it to charitable parties with no direct interest to the investor. PNB's investments in usurious institutions without a valid Shariah reason are forbidden and must be stopped.
Written in our own words from the original fatwa — check the source before acting on it.
Maka, melabur dalam ASB berdasarkan faktor-faktor yang disebutkan di atas dalam keadaan umat Islam tidak mempunyai pilihan setara selainnya dalam memelihara ekuiti negara adalah dibolehkan.
Read the full fatwa on the Perlis website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perlis State Mufti Department. “Fatwa Pelaburan Amanah Saham Bumiputera (ASB)”, date not stated. https://muftiperlis.gov.my/index.php/himpunan-fatwa-negeri/115-fatwa-pelaburan-amanah-saham-bumiputera-asb. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/is-investing-in-asb-permissible-perlis-fatwa/