No haram. Because you dont lose anything.

They substitute teh profit rate with the prizes.

The catch is you probably wont win anything unless you have a bucketload of money inside

Here's the breakdown.

So, how much money is being parked under SSP?
RM 3,092,562,000.00

You will get 1 entry per RM10 stored, meaning that in the draw there are 309,256,200 entries


So do your own math to find out your chances.

This post has been edited by dagnarus: Sep 30 2021, 02:37 PM

Imagine, from the 3billion funds, let say they earn profit of 5% annually its RM150m. As long as the total prize value is less than 150m they earn tonnes from this product alone.