Search Islamic Finance Answers

1,000+ scholar-approved answers and growing...

Investment

In case of an investment opportunity to purchase and develop land into commercial units where the investors group is comprised of Muslims and non-Muslims, so long as one’s capital is not from a ribawi source, does the probable ribawi source of investment

If you are a co-investor in a project, it is not a condition that other investors’ money be attained by Shariah-compliant means. You are only responsible for ensuring that the project that you are investing into is Shariah-compliant. If the project developer secured the funds through ribawi financing (e.g. he purchased land through an interest-based bank loan), it is permissible to invest in the project provided that 1) your transaction be Shariah-compliant and 2) the project itself purchases something that in and of itself is Shariah-compliant (ie. no casinos, bars, etc.).

7 Day Free Islamic Finance Course

Please enter your first name and email address to start receiving your CIFE™ lessons instantly!

We value your privacy. We will never rent, sell, or spam email addresses.

ASK AN ISLAMIC FINANCE QUESTION

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Ask Now »

SEARCH ISLAMIC FINANCE Q&As

Browse one of the world's largest database of Islamic finance Q&As available online.

View details »

What’s New at Ethica

Press releases, live events, book recommendations, discount offers, and more

View details »