Islamic Ruling On MMM - Islam for Muslims - Nairaland
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| Islamic Ruling On MMM by Adek15(m): 11:33am On Sep 14, 2016 |
Salam guys. I've been introduced to MMM since early this year but I was skeptical about it which made me to make some findings especially about where the 30% comes from among others. from my findings I think I'm convinced it's not haram (prohibited) but I still need some advice as I might be wrong. so brothers/sisters, is MMM acceptable Islamically? pls evidence from the Quran/Sunnah will be highly appreciated. thanks. 3 Likes 2 Shares |
| Re: Islamic Ruling On MMM by ak47yong(m): 6:21pm On Sep 14, 2016 |
I have been asking this question for the past six months too. Any answer will be helpful 1 Like |
| Re: Islamic Ruling On MMM by Adek15(m): 5:52pm On Sep 26, 2016 |
since nobody is saying anything, I'll take it that it isn't haram...
MMM here I come 3 Likes 2 Shares |
| Re: Islamic Ruling On MMM by Nobody: 8:23pm On Sep 26, 2016 |
Adek15: What is MMM sir |
| Re: Islamic Ruling On MMM by blessedvisky(m): 8:38pm On Sep 26, 2016 |
Cc udatso lexiconkabir empiree |
| Re: Islamic Ruling On MMM by Nobody: 9:03pm On Sep 26, 2016 |
Adek15: I have answered this question before HERE, this is what i said This is "pyramid scheme" and its gambling, the reason why it is gambling is that you have to pay a joining fee in the hope of being able to attract customers and get commission, which may or may not happen, hence this is gambling, and it is known that gambling is haraam according to the sharee'ah. Now here is an analysis of MMM made by a shaykh in ABU zaria; As received The Shariah Provision on "MMM" By Sheikh Jabir Sani Maihula For sometime now, a lot of people have been asking me about MMM, germane to which a question was posed to me when I delivered a lecture in ABU Zaria. My inbox has been flooded with questions about the 'business'. I either replied with "I don't know" or left the questions unattended to, because I had not made a detailed research as regards the scheme. However, I have made my research and drawn up my juristic position (fatwa/edict) based on the sources I consulted, which are as follows: I) The MMM website II) Securities and Exchange Commission website (to see their view on the scheme) III) Online videos and documentaries about MMM, a 45mins documentary introducing the scheme in Nigeria. IV) Discussion with people who have participated in the scheme/business As a result of this, I have arrived at the following juristic conclusions: 1. The "business" is impermissible (HARAM!). This is because it is a classic case of riba al fadl [adding to the value of an item when exchanging it for another of the same type]. Islam prohibits this. You can't give money to someone in need only to receive more in return. 2. The scheme is extremely dangerous since it's not protected by the law in Nigeria and a host of other countries. Securities and Exchange Commission have strongly warned Nigerians to desist from the scheme. In one of their published articles dated 30th August 2016, they said, "The general public is hereby advised to distance themselves from this online scheme. Please note that anyone that subscribes to this illegal activity does so at his/her own risk". This alone should suffice as deterrent to people who wish to indulge in the scheme. 3. The scheme is shrouded in gharar (ambiguity). The prophet (sallallahu alaihi wasallam) forbade ambiguous transactions as established in the tradition reported by Muslim. Hence, any discerning person who studies the scheme would come to the conclusion that its end result will be loss. Abridged and rendered into English by Abdurrahman Islam(Abu Jamaal).... And Allaah knows best. 10 Likes |
| Re: Islamic Ruling On MMM by Nobody: 9:13pm On Sep 26, 2016 |
Oga MMM just collapsed in Zambia In case you didn't get the news Nigeria could be next The founder of this nonsense was arrested in Russia So if you get sense Keep your money and go and do something with your hands Insteadnof asking your dead prophet for advice 33 Likes 2 Shares |
| Re: Islamic Ruling On MMM by Nobody: 11:52pm On Sep 26, 2016 |
AnonyNymous:why spreading falsehood, is now zambia no longer zimbabwe. Op go ahead and join 41 Likes 2 Shares |
| Re: Islamic Ruling On MMM by trapQ: 4:23am On Sep 27, 2016 |
This is why people say religion is bad. You knew about MMM since early this year; do you know how much you could have made if you started since then? I know someone who started with nothing few months ago and he had made over N500k interest as at last month. You cannot go to your God in prayer to ask him, instead you have to wait for islamic scholars to read and give you answers based on their feelings. 44 Likes 2 Shares |
| Re: Islamic Ruling On MMM by Empiree: 2:49pm On Sep 27, 2016 |
blessedvisky:Now I got what y talking about. I'm not familiar with MMM. Just read on it. It's Nigerians fault. You all want quick money or get rich quick. You don't want to farm anymore. I actually thought op was referring to MLM. Indeed, this MMM thing appears to be gambling and fraud too. I don't really do this nonsense. I was into MLM years ago but I'm never comfortable much in it other than used the products for myself. You people are better off doing regular job than GET RICH QUICK trash. You want to copy copy the West. 2 Likes
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| Re: Islamic Ruling On MMM by blessedvisky(m): 3:44pm On Sep 27, 2016 |
Empiree: Oga, which one is "you people"?   abeg I'm not part. I just mentioned you so you'll give him advice from Islamic view. No implicate me3 Likes
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| Re: Islamic Ruling On MMM by Empiree: 3:50pm On Sep 27, 2016 |
blessedvisky:Lol, dont take that personal bro. "you" does not necessarily mean you. It is rather general term. Thanks for my mention though. |
| Re: Islamic Ruling On MMM by sawdhiq: 11:00am On Oct 02, 2016 |
Verses and hadith that speak about this matter are numerous. Islam also teaches us to give something to other without wishing for greater return. Allah reminded us, وَلَا تَمْنُنْ تَسْتَكْثِرُ “and bestow not favor in order to seek from others a greater return,” (Chapter Al Mudatstsir/The Cloaked One:6) Ibnu interpreted this verse: لا تعط عطية تلتمس بها أفضل منها ’Do not give something to seek for a better return.’ (See: Tafseer al Qurthubi, 19/67). This is how Islam teaches the muslims, to build the non-profit spirit in doing the social deeds. Moreover to wish for return from the aid given. It all shows that the MMM transaction is not in line with some principles of Islam, thus it shouldn’t be preserved. Allah knows best. 17 Likes 1 Share |
| Re: Islamic Ruling On MMM by k4kenny(f): 3:36pm On Oct 02, 2016 |
Salam alaykum, OP please note that monies obtained MMM and its like falls under what is known as riba which means interest or usury. Allah has strongly condemned the collection of interest in many verses in the Quran. "Those who consume interest cannot stand ( on the day of resurrection) except as one stand who is being beaten by satan into insanity......''Q2-175 "O you who have believed, do not consume usury, doubled or multiplied (income), but fear Allah that you may be successful" Q3-130 "....And their taking of usury while they have been forbidden from it....." Q4-161 These are jsut a few Ayahs from the noble Quran. I don't noemally like to use Hadiths for reference as one can't be sure of its Authenticity. Also note that schemes like these and many more are one of the means shaytan is usung to deviate the ummah from the path of Allah. He (satan) has vowed to make immoralities more attactive to mankind so as to make them disobey their[i] Rabb[/i]. Fear Allah and the Last Day. Pray for Allah's sustenance. May He make it easy for us. Allahu alam. 15 Likes 3 Shares |
| Re: Islamic Ruling On MMM by ak47yong(m): 4:38pm On Oct 02, 2016 |
Can I ask a question do any of you actually know about MMM or its ideology before shouting it's haram. I remember also trying forex and I had mixed answers. In the end I realized it was actually haram due to commission received by stockbrokers even when prominent scholars like zakr Naik said otherwise. so I really want an answer from some who actually knows how the system works not because you think it's too good to be true. 1 Like 2 Shares |
| Re: Islamic Ruling On MMM by Empiree: 7:27pm On Oct 02, 2016 |
ak47yong:When it comes stocks or stockmarket, it is a mix of riba and halal means. Yes, there are element of halal in stock market but it got some dark side. Even investors and govt know that. For instance, Bush administration jailed and still probing and jailing people for malpractices in FOREX/STOCKMARKET. They called it "INSIDER TRADING". Dont expect them to sound religious in the issue. They simply described haram elements in it as FRAUD. Thats what they jailed people for. 2 Likes |
| Re: Islamic Ruling On MMM by k4kenny(f): 10:02pm On Oct 02, 2016 |
ak47yong: That's the issue I'm having with this MMM ish. You're promised 30% of you initial deposit. The question is where is this 30% coming from? There's no trade or investment involved yet people are credited with money prom subsequent investors. That's haraam money from shaytan there are no two ways about it. It's riba and God fearing Muslims should stay away from it. 7 Likes |
| Re: Islamic Ruling On MMM by Empiree: 8:03pm On Oct 03, 2016 |
k4kenny:Did they explain where 30% comes from?. Thanks a lot. You really gave clear picture. Thats what i have been looking for. I dont know anything about MMM. From what you said, it sounds like banking system where they credit your account for certain percentage. Bank did not hide their fact. They tell you straight up it is interest. But when i refused their request, she thinks I am crazy. She was like we want to give you free money but you turned it down?. I think MMM should give more details for people to understand. I am sure some dont care as long as it is money  The 30% is investors money from what I experience from banking system. 2 Likes |
| Re: Islamic Ruling On MMM by hersarhn: 6:34am On Oct 04, 2016 |
Wats so special abt dis mmm dat is painting d walls of 9ja |
| Re: Islamic Ruling On MMM by Babagee01: 7:22am On Oct 07, 2016 |
In the name of Allah, peace and prayer of Allah be upon His messenger. Islam teaches us to give alms and donation to seek for rewards in the Hereafter. Whenever we prepare some money to be donated, we already intend to get the rewards in the Hereafter. ﻣَﺜَﻞُ ﺍﻟَّﺬِﻳﻦَ ﻳُﻨْﻔِﻘُﻮﻥَ ﺃَﻣْﻮَﺍﻟَﻬُﻢْ ﻓِﻲ ﺳَﺒِﻴﻞِ ﺍﻟﻠَّﻪِ ﻛَﻤَﺜَﻞِ ﺣَﺒَّﺔٍ ﺃَﻧْﺒَﺘَﺖْ ﺳَﺒْﻊَ ﺳَﻨَﺎﺑِﻞَ ﻓِﻲ ﻛُﻞِّ ﺳُﻨْﺒُﻠَﺔٍ ﻣِﺎﺋَﺔُ ﺣَﺒَّﺔٍ ﻭَﺍﻟﻠَّﻪُ ﻳُﻀَﺎﻋِﻒُ ﻟِﻤَﻦْ ﻳَﺸَﺎﺀُ ﻭَﺍﻟﻠَّﻪُ ﻭَﺍﺳِﻊٌ ﻋَﻠِﻴﻢٌ . ﺍﻟَّﺬِﻳﻦَ ﻳُﻨْﻔِﻘُﻮﻥَ ﺃَﻣْﻮَﺍﻟَﻬُﻢْ ﻓِﻲ ﺳَﺒِﻴﻞِ ﺍﻟﻠَّﻪِ ﺛُﻢَّ ﻟَﺎ ﻳُﺘْﺒِﻌُﻮﻥَ ﻣَﺎ ﺃَﻧْﻔَﻘُﻮﺍ ﻣَﻨًّﺎ ﻭَﻟَﺎ ﺃَﺫًﻯ ﻟَﻬُﻢْ ﺃَﺟْﺮُﻫُﻢْ ﻋِﻨْﺪَ ﺭَﺑِّﻬِﻢْ ﻭَﻟَﺎ ﺧَﻮْﻑٌ ﻋَﻠَﻴْﻬِﻢْ ﻭَﻟَﺎ ﻫُﻢْ ﻳَﺤْﺰَﻧُﻮﻥَ The example of those who spend their wealth in the Way of Allah is like that of a grain of corn that sprouts seven ears, and in every ear there are a hundred grains. Thus Allah multiplies the action of whomsoever He wills. Allah is Munificent, All-Knowing. Those who spend their wealth in the Way of Allah and do not follow up their spending by stressing their benevolence and causing hurt, will find their reward secure with their Lord. They have no cause for fear and grief. (Chapter Al Baqara/The Cow:261-262) The Messenger of Allah – peace and prayer of Allah be upon him- also advised us, so that no matter how small that we give, we give it due to our fear of Allah’s punishment. , ﻓَﻠْﻴَﺘَّﻘِﻴَﻦَّ ﺃَﺣَﺪُﻛُﻢُ ﺍﻟﻨَّﺎﺭَ ﻭَﻟَﻮْ ﺑِﺸِﻖِّ ﺗَﻤْﺮَﺓٍ، ﻓَﺈِﻥْ ﻟَﻢْ ﻳَﺠِﺪْ ﻓَﺒِﻜَﻠِﻤَﺔٍ ﻃَﻴِّﺒَﺔٍ Fear the Hell, (and protect yourself from it) even with a half of date fruit. If you don’t have it, then by saying good words.” (Narrated by Bukhari no. 1413, Muslim 1016, and others). Verses and hadith that speak about this matter are numerous. Islam also teaches us to give something to other without wishing for greater return. Allah reminded us, ﻭَﻟَﺎ ﺗَﻤْﻨُﻦْ ﺗَﺴْﺘَﻜْﺜِﺮُ “and bestow not favor in order to seek from others a greater return,” (Chapter Al Mudatstsir/The Cloaked One:6) Ibnu interpreted this verse: ﻻ ﺗﻌﻂ ﻋﻄﻴﺔ ﺗﻠﺘﻤﺲ ﺑﻬﺎ ﺃﻓﻀﻞ ﻣﻨﻬﺎ ’Do not give something to seek for a better return.’ (See: Tafseer al Qurthubi, 19/67). This is how Islam teaches the muslims, to build the non-profit spirit in doing the social deeds. Moreover to wish for return from the aid given. It all shows that the MMM transaction is not in line with some principles of Islam, thus it shouldn’t be preserved. Allah knows best. Answered by: ustadz Ammi Nur Baits 6 Likes |
| Re: Islamic Ruling On MMM by Adek15(m): 6:48am On Oct 11, 2016 |
thanks everyone for the contributions. I asked where the 30%is coming from and was told through "clicking on the website" same way Facebook and naturals make their money" does it still fall into usury? |
| Re: Islamic Ruling On MMM by Empiree: 8:31pm On Oct 11, 2016 |
Adek15:the company told you this? . If so, that's marketing then. What I understand by that is you create a website and anytime people click on ads on your site you get paid certain percentage. That's like you allow company(s) to advertise their products on your website. That's good. Where fraud exists might be if they take money from you to register but did not follow up. So there are people that buy products from the website....that's how they make their money and you get commission. This is different from bank that tells you flat that interest in your account accrued through business you deal with them. (Deposit ) |
| Re: Islamic Ruling On MMM by bauthman: 8:14am On Oct 22, 2016 |
Adek15: *For those who still don't know how MMM makes their own money* Explanation: Linda Ikeji's blog is the number 2,565 most logged in sites in the world, and every month google pays Linda Ikeji's blog a whopping $50,000. Just for the traffic of about 5m+ people she generated to her site monthly. Now mmmoffice.com is the 1,506 most logged in sites in the world. Remember, mmmoffice.com is the site that hosts every log in to MMM from over 200 countries that mmm is located. Now, Nigeria has hit 1.2m+ participants meaning that an estimated 1m+ people log into their PO daily (sometimes 2 or 3 times in a day) from Nigeria along. Calculate the amount of log in to MMM in other countries which is about 214 countries now. Now if google pays no 2,565 an estimated $50,000. How much will no 1506 most logged in sited be paid? Me I don't know how much MMM is paid monthly at that price but am sure that it's more than $500,000 monthly. This is how MMM makes their money. They make it from traffics to the site. Same way Lindaikeji's blog, bellanaija, nairaland, facebook, etc make their money. Thanks. 2 Likes 2 Shares |
| Re: Islamic Ruling On MMM by Adek15(m): 11:43am On Oct 22, 2016 |
Empiree:thanks for the reply. was told by a friend though |
| Re: Islamic Ruling On MMM by Jay542(m): 9:40am On Oct 23, 2016 |
AnonyNymous:It's a long time ago 1 Like |
| Re: Islamic Ruling On MMM by Nobody: 1:13pm On Oct 24, 2016 |
| Re: Islamic Ruling On MMM by cream4eva(f): 10:24am On Oct 27, 2016 |
Please read thru this link information and you will be duly educated in sha Alla about MMM https://syaria.com/1089-the-mmm-transaction.html |
| Re: Islamic Ruling On MMM by Adek15(m): 12:42pm On Oct 29, 2016 |
cream4eva:thanks. |
| Re: Islamic Ruling On MMM by Empiree: 4:50pm On Nov 11, 2016 |
Godsun: |
| Re: Islamic Ruling On MMM by Abass07(m): 3:22pm On Nov 12, 2016 |
FATWA ON MMM BUSINESS SCHEME Assalaamu alaikum! Before concluding on whether this type of business is haram or not it is pertinent to understand how the scheme works: First, one deposits some amount of money *into* the system( the "company" claims otherwise though.) From the moment he starts contributing(depositing), he starts earning points called "Mavros". This amount increases by 30% every month. All these contributions are done in the name of "help"/ "assistance". Request can be made to withdraw money(based on points earned) at the end of the month or even before the month ends. Bonuses are given after registration as well as when one invites a new member. All the money being paid to members are from the deposits of other members. There are no other sources. This is a summary of how the system works. More information can be gotten from the company's webpage at *(http:///what_is_mmm/)* This business model is a typical example of what is referred to as a *Ponzi scheme*. In this system what happens is that the operator/ company pays returns to its investors from new capital paid by new investors and not from any profits. No products are involved - only a pooling of funds by depositors into the scheme. This is haram for the following reasons: 1) It involves depositing some amount of money and getting returns on it later on without actually doing anything with ( investing) that money deposited. This is riba( usury). 2) The business model is very risky because it is by nature unsustainable. The reason is that a continuous stream of new investment( from existing and/or new investors) is needed to fund the higher returns promised . If such in flow of money slows, then it would become difficult or impossible for the company to pay the promised return. Apart from this, once an economy starts to decline investors tend to withdraw part or all of their money leading to the same problem. Eventually this system would collapse sooner or later and people would automatically lose all money deposited. In fact this has actually happened with this very company in other countries where it initially operated such as Russia, and people lost huge amounts of money with total sum amounting to billions of dollars. Some investors actually committed suicide. The owner of this company Sergei Mavrov had been initially arrested and convicted of Fraud. This "company" was open to the Nigerian audience via its website this year( 2016). The advise is to please stay away from such business. It is not compatible with the shari'ah and it is in itself very dangerous. There are other business models that have come up in recent times that are also largely fraudulent and hence haram. An example is "network marketing" also known as multilevel marketing ( MLM)/ Pyramid marketing where someone registers with a company by paying some fee and he is then given license to purchase the company's products at wholesale price and sell. He also invites new members. He makes money via his sales but most of the emphasis and profit ( or returns) is from the number of people he invites into the business (i.e the size of his network). And usually, he is also required to sell products to his prospective members rather than emphasis on consumers outside the plan/ network who may actually want to use those products. In addition they tend to have cult- like techniques where they gather in circles to give emotional support to themselves after every business meeting. This scheme is also fraudulent in most of its ramifications and actually illegal in many countries and has been declared haram by many scholars. Despite all of that many of such companies exist in Nigeria today. May ALLAH ( S.W.T) protect us from evil income and grant us pure wealth. AMEEN. WABILLAHI TAWFIQ 3 Likes 1 Share |
| Re: Islamic Ruling On MMM by quadrialhaji: 5:10am On Nov 18, 2016 |
Bismillahi Ar-rahmon Ar-raheem MMM is not allowed in Islam why? Read the two surah below Surah An-Nisa, Verse 29: يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا أَمْوَالَكُم بَيْنَكُم بِالْبَاطِلِ إِلَّا أَن تَكُونَ تِجَارَةً عَن تَرَاضٍ مِّنكُمْ وَلَا تَقْتُلُوا أَنفُسَكُمْ إِنَّ اللَّهَ كَانَ بِكُمْ رَحِيمًا O you who believe! Eat not up your property among yourselves unjustly except it be a trade amongst you, by mutual consent. And do not kill yourselves (nor kill one another). Surely, Allah is Most Merciful to you. (English - Mohsin Khan) via iQuran Surah An-Nisa, Verse 30: وَمَن يَفْعَلْ ذَٰلِكَ عُدْوَانًا وَظُلْمًا فَسَوْفَ نُصْلِيهِ نَارًا وَكَانَ ذَٰلِكَ عَلَى اللَّهِ يَسِيرًا And whoever commits that through aggression and injustice, We shall cast him into the Fire, and that is easy for Allah. (English - Mohsin Khan) via iQuran It is clear with the surahs above that anything that bring return on your investment without exchange of goods and services is Haram also the 30% comes from the deposit of new users not from advertisement. The owner of the site can only make money from the advertisement, please my brother and sisters in Islam don't let us be tempted by this. Shaytan has promised to stand against us in every corner in order not to enter Jannah. Anything that bring return without exchange of goods and services is Haram in Islam, Allah Halam 6 Likes 1 Share |
| Re: Islamic Ruling On MMM by quadrialhaji: 5:44am On Nov 18, 2016 |
To go deeper in Tafsir of the Ayaat above the question is, if you offer help and the system flop and you are unable to get back your money. Will you be happy? If answer is no you have killed yourself according to that Aayah above also if you receive help and the system flop, will the person that offer help to you be happy? If answer is no, you have killed one another according to the Aayah above and it's also an injustice to that person. Allah forbid us not to kill ourselves or one another when He has been so merciful to us. He only allow trade (Exchange of goods and services). MMM is just a mordernize way of gambling and ponzi scheme. Please lets strive for Akhirah whether we are rich or poor we will all die and we will surely give account to Allah on everything we have earned on surface of the earth. The rulings of shariah on interest(Riba or usury) is also apply to this MMM too, I will round up my messages by remembering us an hadith that says Prophet Muhammed (saw) says Riba is of seventy types (70), the sin of the least of them is equivalent to somebody who commit illegal sexual intercourse with his own mother. 6 Likes 2 Shares |
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