Abdur Rahman ibn Yusuf Mangera – Bonds are Haram!

Bismillah in your Walkman you're walking

many people think that taking bonds buying bonds, right from the

post office or for some other government bonds, for example,

they're very secure form of investment in the sense that you

know, you're buying for 1000 pounds or whatever. And your money

can't be, you know, you can't really lose money in that it's

generally always going to go up. It's because it's government, it

generally seems to be more secure. The thing about is that any secure

investment like that way you're going to get your money back and

possibly something on top right is generally going to be based on

interest. Because if it's a halal one, a halal ones mean that you're

becoming a partner in something, you're putting some money in

something that could go down or up, right, and you hope that it's

going to go up, that's why you're putting money there. But you have

to have the chance of losing. But in generally in bonds, it's all

based on interest, they take your money now they're going to pay you

you know, with interest this much in two years, or three years or

five years, or whatever the case is. They seem very secure. But you

have to remember bonds are haram, right? Because they're all based

on usury and interest. And I know that there's many people who even

are religious and so on, they've gone into this and they don't know

that it's haram. Some bombs are generally always going to be

haram. So just just just remember that