View Full Version : Fatwa needed for money doubling 100+100=200 one month
shahid iqbal
Jul 9, 2013, 06:45 AM
Assalam-o-Alaikum
Sir in our city one person has announced that we give him a 100 rupees he will give us 200 hundred after one month many peoples give him amount and he returns double amount . What Islam says about this.is this is a sood or juwa or not ?
smoothy
Jul 9, 2013, 08:44 AM
This sounds like a scam or something illegal... because no legitimate or legal investment will double your money in a month. You are more likely to end up with ZERO at the end of the month...
joypulv
Jul 9, 2013, 08:49 AM
You should ask this under Islam, not Investing. This is a world wide site.
smoothy
Jul 9, 2013, 08:50 AM
You should ask this under Islam, not Investing. This is a world wide site.
I already RIP's the post asking it to be moved there.
Fr_Chuck
Jul 9, 2013, 09:53 AM
I will talk about something, what he is doing is not possible, it is a scheme, at some point, when enough people do this, he will disappear and no one gets money back.
There is no way to double money in one month, he is doing this by getting more and more people to give money.
This is a very old con scheme, and everone will soon lose money