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The question

Is it permissible to subscribe to a trading company that does not guarantee capital and promises a 300% profit margin after 16 months, in addition to registration fees and a 7% commission for each new subscriber, and gives a portion of its annual profits?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The mere existence of registration and deposit fees is impermissible. If this is combined with pyramid or network marketing and profiting from subscribers through you, the matter becomes even more forbidden, regardless of the investment field itself, which must be permissible in its own right. This does not include investment companies operating through Forex and currency trading without their Sharia-compliant controls.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
185635
Imported
Translation status
Source text, unreviewed
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Read the full answer on Ftawy