What is a Ponzi? Why Ponzi Forbidden By Islam?

We will discusses about what is a ponzi? How can anyone show up Ponzi scheme? Let us discuss more in depth about a ponzi, in forums like mendiskusi kan Bitcoin about ponzi in the Cloud Mining system abal-abal/false with coaxing new investors.

The sense of a Ponzi scheme is an investment that delivers order/investors ' profit from payment results obtained from other investors rather than from gains/profit in a business. This is just the same as money game where the financiers are not seriously invested their funds in the real business.

Other uses of Ponzi:

Ponzi scheme is a fraudulent investment mode of paying out profits to investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization that runs the operation.

Ponzi scheme usually entices new investors by offering higher returns than other investments, in the short term with the abnormal rate of return is high or outstanding consistent. The continuity of the high returns that require ever increasing flow of money from new investors to keep the scheme went ahead.



What is a Ponzi? Why Ponzi Forbidden By Islam?
Charles Ponzi

Ponzi scheme created by Charles Ponzi in 1920. Then who is this Charles Ponzi that? Another name is Charles Ponci and Charles p. Bianchi was someone's man of the year 1882 Italy nationality in the area of Lugo.

On November 15, 1903, he arrived in Boston aboard the SS Vancouver. At the time, Ponzi only had $2.51 in his pocket.  "I landed in this country with $2.5 and with 1 million hope, and with the hope of never leaving me ", he told The New York Times. Then he learned English quickly and working as a dishwasher in a restaurant, where he slept on the floor, then she worked as a waitress would be but was fired due to theft.

To attract investment this ponzi korbanya model using the financiers that the beginning of the register as a promoter. Usually the operator applies the pyramid scheme. By referring other members will get a reward of a few percent.

However, after the funds have accumulated many new members who hope to benefit from the investment that they instill will get it otherwise. Their money will be gone blurred by the operator brought investment with the ponzi scheme.

The Nature of the Ponzi Scheme, Among Others, as follows:

  1. Promising big profits are not natural if calculated with an accounting system.
  2. Start a business investment as a legitimate and legal company lawfully.
  3. Pyramid system. Investors who become promoters invite new people with the promise of great profit. But the game actually benefits payment money from new members.
  4. Give the new plan after people are interested in the scheme of benefits provided. One example of an invest one million with profits of 15% a month. He will earn a profit of 150 thousand each month. In order for 150 thousand not withdrawn money then the operator offers scheme accrued or accumulate capital gains added. The investor hopes will get greater advantage at the end of the investment contract. Thus will attract investors both the old and the new.
  5. Payments or withdrawals are experiencing delays. These are the signs of this system will be a scam (scam). Though small in numbers usually can be pulled. What could be done to the perpetrators of the Ponzi is already preparing to move their funds to other places and he's ready to escape.

In Islamic Science of the law about the ponzi scheme that Shaykh Muhammad Saalih al-Munajjid from Saudi Arabia this ponzi scheme that emphasizes the haram of the intentions of the business, that business by way of a ponzi scheme is haraam for him, according to Shari'ah law because the intention do the business to earn wages that are not from the sale of the product. Where the wages of business is very high above the product yourself.

So be careful if you choose a Cloud mining with greater turnover, well need to alert only. Hopefully this article is helpful for us to not get caught up with the ponzi system.