FatwaPenangTransactions & Finance
MENENTUKAN KEDUDUKAN PELABURAN ASN DAN ASB
What is the Islamic position on investing in ASN and ASB?
Short answer
The Penang State Fatwa meeting of 18 May 1993 agreed to prepare a guide on ASN and ASB investments.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Penang State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Negeri Pulau Pinang (e-Fatwa)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Penang State Fatwa meeting of 18 May 1993 agreed to prepare a guide on ASN and ASB investments. The guide is to consider three matters: mudharabah capital from an Islamic perspective, investing in ASN and ASB and receiving their returns, and the assets or investments held by ASN. The text provided does not state a detailed final ruling.
Written in our own words from the original fatwa — check the source before acting on it.
MESYUARAT BERSETUJU MENYEDIAKAN PANDUAN MENGENAI PELABURAN ASN DAN ASB AKAN MENGAMBILKIRA PERKARA-PERKARA BERIKUT;
Read the full fatwa on the Penang website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Penang State Mufti Department. “MENENTUKAN KEDUDUKAN PELABURAN ASN DAN ASB”, 18 May 1993. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=1164. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/islamic-position-on-asn-asb-investment/