Quote:
Originally Posted by dms664
Aoa fellows
In my opinion this thing is halal and allowed but some moulanas call this as haram. Their logic is that it is ribba or sood.
I am strictly against sood as it is declaration of war against Allah but I am not getting how come prize bonds got sood .
Please put me wise.
Regards
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w salam
basically prize bond is the reward paid by the government to an individual and as per ISLAM the reward paid by government is HALAL . Thats why it is HALAL.