Usman
1
Assalaamualaikum.
Are premium bonds and the money got from these bonds halaal? If not what should be done with the money received from these premium bonds?
| Last updated: | 10th September 2004 |
| Question ID: | #12 |
| Short URL: | https://qa.muftisays.com/?12 |
Wa Alaykum Salam,
Premium bonds are investments dependant upon interests. As such it is not permissible to invest in such schemes. Also, all earnings gained from premium bonds are haram and should be given to charity without the intention of gaining any rewards (sawab).
And Allah (swt) knows best.
