I want to ask question about haram or halal. I want to start an online business the theme of the business is that the investor will come to my site to double their money and I will get the 1% commission from each investor. For example Investor "A" invest R.S100 and then investor "B" will come and invest RS.200 then the money of the investor "B" will goes to the investor "A" in this way the money of the investor "A" got doubled and then investor "C" will come and invest RS.400 and then the money will goes to investor "B" as again in this way the money of the investor "B" got doubled and so on. So the question is as I got 1% from all investor so these money will haram or halal. I will not invest on my own site to get money double I only will get 1% from each investor. If still it is haram. Then can there is any possibilities that it can become halal. For example if the investor will invest on my site and I will get 1% from each investor and then I will give them the advertising credit to advertise on my site which will equal to 1% worth which I will get from investors. So in this case I will get the money from investor to give advertising service which will become the case that I am giving some service of worth of 1% so in this way does it can became a legal case means halal or not. And if in this situation it is halal then agr investors invest kre jaein paisy double krny k liay or on k paisy double hoe jaein to kya oska ghuna mjhy to nahe milay ga. Very very thanks for reading my question and for you valuable time. Please answered me.
Answer ASSALAAMU ALAIKUM W.B
Generally speaking, investment and advertising COMMISSION would be HALAAL as long as the product is HALAAL Inshaa Allaah
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Shaikh Shafayat was born, in Trinidad, West Indies, where he attended College etc.. Due to his multi-faith and cultural upbringing, he was awarded a scholarship to become a Christian Minister.
In 1975 he went to India to study Islam and became the first student from the Caribbean and North America to have enrolled in Darul Uloom Deoband, which is the largest and oldest Islamic Institute in India. In addition to graduating as a Qaari and Islamic Scholar, he also did a course in Journalism and established the Al Hikmat Muslim Magazine, plus he produced many television and radio programs in Trinidad and Florida USA. In 1983 he founded the National Muslim Sports League of Trinidad and Tobago, which established the Islamic Home for Children.
He is the Founder/Principal of Darul Uloom Institute in Pembroke Pines Florida and the first Muslim to become President of the Interfaith Council of South Florida in the year 2002. He organized and conducted many Christian / Muslim / Jewish Dialogues in Churches, Synagogues and Islamic Centers in the U.S.A.. Shaikh Shafayat was the first Muslim to represent Islam at a Florida State Faith Summit, held at the Capitol Building with Gov. Jeb Bush in the year 2000.
He is a recipient of the Silver Medallion Award from NCCJ (a national interfaith organization) and a recipient of the Peacemaker Award from St. Thomas University in Miami. For many years he lectured on Islam and terrorism to Pembroke Pines Police of South Florida and other Law Enforcement Officers. He lectures throughout the U.S.A. and worldwide on Islam, Interfaith Issues and Cultural Diversity.