Transactions & Dealings >> Other Transactions
Question ID: 155371Country: India
Answer ID: 155371Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 126/115/B=2/1439)
This amount shall not be termed as interest rather this shall come under reward or hiba (gift); thus it is allowed to accept it and use it.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
Is the lottery system jayaz (allowed /reasonable) in islam..For example, a person says to a group of 10 people that you submit 500 rupees pe rmonth to me and at the end of every month , he will raise a bid (I mean boli lgayega), and the person who speaks the lowest bid /rate then he can collect the total amont of lottery?
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