FatwaSelangorTransactions & Finance
Hukum Pelaburan Yang Dijalankan oleh Syarikat Mecca Fund Global
What is the ruling on participating in the investment scheme run by Mecca Fund Global?
Short answer
The Selangor State Fatwa Committee decided at its meeting on 3 March 2015 that the investment operated by Mecca Fund Global is prohibited (haram).
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Selangor State Mufti Department
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Tidak Diwartakan
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Selangor State Fatwa Committee decided at its meeting on 3 March 2015 that the investment operated by Mecca Fund Global is prohibited (haram). The main reason given is that the scheme contains elements of gharar, meaning excessive uncertainty, and clearly contradicts Islamic law. This decision belongs to the series of fatwas that have not been gazetted.
Written in our own words from the original fatwa — check the source before acting on it.
Pelaburan yang dijalankan oleh Syarikat Mecca Fund Global adalah haram kerana mengandungi unsur gharar dan jelas bertentangan dengan hukum syarak.
Read the full fatwa on the Selangor website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Selangor State Mufti Department. “Hukum Pelaburan Yang Dijalankan oleh Syarikat Mecca Fund Global”, date not stated. https://www.muftiselangor.gov.my/2023/10/26/hukum-pelaburan-yang-dijalankan-oleh-syarikat-mecca-fund-global/. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-on-mecca-fund-global-investment/