Is it permissable to invest in Sernova Corp.?
Question
Salam,
Please could you indicate if investing in this company; sernova corp (http://www.sernova.com/),
is permissible?
Jazak-Allah khair.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
According to our understanding, Sernova is a company developing medical service technology which is permissible.
You enquire about investing in sernova.
What are the terms and conditions of investment?
You may forward that to us for our consideration and advice. You may reply to [email protected] Reference= Mahmood Baig
And Allah Ta’āla Knows Best
Mahmood Baig
Student Darul Iftaa
Jeddah, KSA
Checked and Approved by,
Mufti Ebrahim Desai.
FOR MORE DETAILS ON UNDERSTANDING COMPANIES, SHARES AND LIMITED LIABILITY, SEE THIS LINK.
- Answered by
- Mahmood Baig
- Checked & approved by
- Mufti Ebrahim Desai
Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.