FatwaFederal TerritoriesTransactions & Finance
Fatwa Berkenaan Dengan Hukum Pelaburan Yang Menjamin Keuntungan Tetap
What is the ruling on investments that guarantee a fixed return?
Short answer
Any investment that guarantees a fixed profit is ruled haram, whether offered by investment companies in Malaysia or abroad.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Wilayah Persekutuan (e-Fatwa)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
Any investment that guarantees a fixed profit is ruled haram, whether offered by investment companies in Malaysia or abroad. The fatwa states that such schemes contain elements of riba (usury) and gharar (excessive uncertainty). Muslims are prohibited from taking part in them, and an investment contract that promises a fixed return is considered invalid.
Written in our own words from the original fatwa — check the source before acting on it.
Apa-apa pelaburan yang menjamin keuntungan secara tetap yang ditawarkan oleh syarikat pelaburan di dalam dan di luar negara adalah haram kerana mengandungi unsur riba 3 dan gharar.4 Umat Islam adalah dilarang terlibat dengan pelaburan ini.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “Fatwa Berkenaan Dengan Hukum Pelaburan Yang Menjamin Keuntungan Tetap”, date not stated. https://efatwa.muftiwp.gov.my/fatwa/66cf2ce18e5afa1a4331db92d0537afd. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-on-fixed-return-guaranteed-investments/