2 It has come to our attention that other Ulema believe that investors must find their own buyers or take the low prejudicial offer or continue to be

Answer

It is not entirely correct. “Buyers” for what? What are the investors supposed to sell? The investors have no possession of any of the assets which are from the Islamic perspective fraudulently denied to them. Just what do these Ulama say they should sell? The investors have no tangible assets in their possession to sell. The haraam legal donkey company acts as if it is the sole owner of the assets. There are no assets to sell, hence the investors cannot find buyers. Selling company certificates is haraam. These certificates which entitle shareholders to a dividend (riba dividend) are instruments of riba. Trading in shares is haraam. Do read our book on shares to understand the legal hoax of the legal donkey they term ‘company’. Furthermore, assuming that the shareholders ignore the Shariah to their peril, they will not find buyers to buy even the riba certificates of the Amaanat Holdings corpse. No one is prepared to invest in a decomposing donkey. What is this ‘low prejudicial offer’ mentioned by these Ulama? Clearly, they do not know what they are disgorging. What is this fictitious ‘offer’? It has absolutely no validity in the Shariah. It is also riba. Investors/shareholders are entitled to their percentage share of the assets of the legal donkey, that is the Khiyaanat company which is making GHASAB of the money, and utilizing it preferentially to suit their whims and fancies and their close associates. These miscreant directors have no option in terms of the Shariah, other than to pay the withdrawing shareholders their shares of the assets of the company. There is no second option. Their refusal will be fraud, extortion and shaitaaniyat in terms of the Shariah. “Continue to be trapped” with the dead donkey? Indeed, genuine Ulama cannot proffer such stupid, baseless and haraam advice. It is imperative for these Ulama to apply pressure on the board of directors to wind up the company – to bury it once and for all. A stinking corpse should not be left to despoil the environment with the foul odour it emits. The meaning of being ‘trapped’ in the company according to the Shariah is GHASAB. That is to flagrantly usurp by force the property of others. Amaanat Holdings is guilty of this evil. They should not forget about Maut, Qabar and Jahannam. They will not escape the consequences of their khiyaanat. The only correct aspect in the advice of these Ulama is that there is no repayment of investment. Shareholders are entitled to their profit. If there is a loss, they have to share the loss pro rata. But from the facts and figures provided, the company has hundreds of millions of rands of assets on which the directors are sitting like a hen on eggs, guarding and concealing the millions for some sinister objective, and that sinister objective according to the Shariah, is the denial of paying out those shareholders who have quit or want to quit. Question