NO VINDICATION FOR THE HARAAM AMAANAT INVESTMENT HOLDING COMPANY
SOME CONCERNED SHAREHOLDERS OF THE HARAAM AMAANAT INVESTMENT COMPANY SUBMITTED A QUERY WHICH WE REPRODUCE HERE:
Assalamu alaikum wa rahmatullahi wa barakatuh Mufti Sahib,
I write with respect based on the ruling you gave in June 2025 concerning Amaanat / AIH.
Shareholders have been advised, on the basis of this ruling, to accept their losses as the decree of Allah Ta’ala, to engage in sabr, taubah and dua, and to understand that what has been lost was not part of their rizq.
We accept qadr and the decree of Allah Ta’ala. However, we humbly seek clarification on the application of your ruling in light of the current factual position:
- A substantial number of properties acquired using shareholders’ monies still exist under Amaanat / AIH.
- These assets continue to be held and, in some cases, generate benefit.
- Shareholders remain unpaid while being advised to accept the loss as decree.
With due respect, we seek your guidance on this specific question:
Based on the ruling you gave, where assets purchased with shareholders’ funds still exist and remain under the control of the company, does Shariah permit their retention while shareholders are unpaid, or does amanah and haq require that such assets be disposed of to settle shareholders’ monies?
We also seek clarity on whether invoking decree removes accountability where tangible assets remain in existence.
There are additional governance and remuneration matters which may be relevant, and which we can place before you should you require further detail.
Our intention is not dispute, but clarity and compliance with Shariah in a manner pleasing to Allah Ta’ala.
Jazakumullahu khairan for your time and guidance. Was-salaam
(End of Query)
OUR COMMENT
The above is the lament of numerous shareholders who are all the victims of Khiyaanat.
Our advice has been misconstrued. Our Naseehat does not in any way vindicate the continued operation of the haraam Khiyaanat donkey company. Our naseehat does not defend the haraam retention of the assets which belong to all the shareholders.
A group of shareholders, regardless of them perhaps being major shareholders, has no Shar’i right to continue operations and to retain the assets in the face of the dissatisfaction and demands of numerous other shareholders even if they constitute the minority. This donkey company has no validity in terms of the Shariah.
Our advice pertaining to Sabr, Taubah and Dua is meant for the consolation of the unfortunate shareholders who have lost their monies by the haraam perpetrations of the haraam donkey company. There is no justification in our Naseehat for the continued haraam operation of this miserable company which has brought so much misery to numerous shareholders whilst the Fat Cats of the donkey company are still relishing on the haraam butter and cream being milked from the current assets in which all the shareholders are partners.
It is Waajib for this miserable entity to terminate operations and to liquidate all assets. All the assets must be compulsorily sold and all the shareholders must be incumbently paid, and the decomposed putrefying donkey must be ignominiously cast into a pit and closed up to be forgotten.
In addition, the Fat Cats – some of whom are multi-millionaires – have to pay in losses from their own funds. Money which they had hitherto withdrawn in the guise of ‘dividends’ / ‘profits’ must be compulsorily returned to reduce the losses.
SUMMARY
- The Shariah dos not permit retention of the assets. These must be sold.
- Accountability is NEVER dispensed. All the Fat Cats remain accountable, here and in the Aakhirah where the shareholders will have the right to stake their claims.
25 Rajab 1447 – 15 January 2026