Originally Posted by Waqar Afzal

Dear,though i am not an expert,but i have studied couple of courses of Islamic rules of Business including Islamic Banking & finance during my BBA(hons) program in IIUI....

I am telling you what i have been taught,by not a typical Mullah but i have studied this course from a very knowledgeable PHD doctor of International Islamic University,who by no means is negligible and quite inferior to Mufti sahb...

And to me it makes sense,but it is up to you to agree with this view or not..

As i was told by respected sir that we have 2 factors in case of prize bonds,one Riba and second one is Gambling...

What your senses say about element of gambling here?what do you think whether a lucky draw is tantamount to gambling or reward?And on what basis a certain individual deserves a reward and others do not?..You can rename riba to interest and interest to reward...


And you have himself studied the interest factor from other sources as well...

Lets suppose,you are still not satisfied with the logic that it is haram or halal,but i am sure that it leaves you in doubt and according to Hadith we are told to avoid doubtful things...