Info On Price Bonds

Drug_Mafia (Drug_Mafia) 2009-08-07 04:22:00 +0600 #1

Salam to all PW member

i want to try my luck on price bonds plz tell me the procedure of buying it and how com i know the maturity of that bond.

2ndly where to buy these bonds form and any hint for these or any tricks in buying them

waiting for responsive and informative replies

regards.

wahab590 (wahab590) 2009-08-07 04:34:00 +0600 #2

buy from any bank or national savings center. I think the draw is held every 3 months. Tip is that instead of buying random numbers, buy a series of continuous numbers, so the probability is increased of getting a prize.

baryar (baryar) 2009-08-07 07:49:00 +0600 #3

Agree @Wahab
can buy and sell from any bank and draw after every three month

many people will now try thier LUCK after watching LUCK,
goodluck

ToofaneBatameezi (ToofaneBatameezi) 2009-08-07 10:13:00 +0600 #4

Ju'a!!

ijlalnoor (ijlalnoor) 2009-08-07 10:24:00 +0600 #5

i dont think dealing in Prize bonds is haram in Islam....Today i had a discussion about it to what i think is that its totally halal and so it cannot b considered as "Ju'a"!!!

Guys please do correct me if im wrong.....

Kulsoom (Kulsoom) 2009-08-07 10:43:00 +0600 #6

panicslayer (panicslayer) 2009-08-07 10:46:00 +0600 #7

@Kulsoom cha gai jee (Y)

cvanesk (cvanesk) 2009-08-07 11:11:00 +0600 #8

idhr tu rehri py rakh k bethy hoty hain..bta dena bhej dun ga

Drug_Mafia (Drug_Mafia) 2009-08-07 17:00:00 +0600 #9

@all

i m really thankful to u all for helping me out i have decided to buy bonds in a series of rs 750 each plz wish me luck

N have regstered my self at price bonds web site will get all updates through mails

thanks 1c agian to all

digimanpk (digimanpk) 2009-08-07 17:10:00 +0600 #10

Yaar main nay suna hai boltan market kay pass miltay hain yeh bonds. Un main say buhat say inaam walay bhi hotay hain which are sold for a high price. is it true?

night_star (night_star) 2013-06-27 20:06:15 +0500 #11

4 saal hoga abi tak kuch na nikalaaa

Naweed 2013-06-28 12:22:09 +0500 #12

Just for information

-- prize bonds can be purchased from banks but at a certain date before the draw they officially stop the sale
-- there are bookies who sell prize bond numbers and you can buy them even one day before the draw but for some charges like a normal 1500 bond for rs 50/- .. then there are package deals in these numbers and the rate varies accordingly
-- a good prize winner bond sells in black for a little more .. heard it is used for converting black money
-- the probability of a bond is around 3000:1 meaning if u have 3000 bonds you will certainly get 1 winner (may it be the lowest prize)
-- technically it is haram

conclusion : buy one single bond instead of investing a lot, ur luck will get u the prize, if it is destined and when u do; give some to charity to have some protection
--

Farhansa (Farhansa) 2013-07-02 07:24:09 +0500 #13

prize bonds can be purchased from State Bank of Pakistan and National savings office.
Draw of bonds held after 3 months.

Jamshed_Bond (Jamshed_Bond) 2013-07-02 08:34:44 +0500 #14

it is not jua, it is interest plus jua, both in a very twisted way. the government issues these bonds same like any other bonds/certificates when it needs more money to run the government idaray. i think "interest" the government pays on prize bonds is much lesser than the ordinary bonds/certificates.

samk844 (samk844) 2020-11-17 09:04:39 +0500 #15

It is at least NOT Juaa or Lottery in any way, because you do not lose any of your own money in any case. Even if you win any prize, you get your own money back without any deduction. It's just a deposit to govt.

In case of interest it is doubtful, but still it doesn't fulfill the definition of interest completely. Many Islamic scholars consider it as "Atia-e-Sultaani (Gift from Govt.)", which is given via draw to winners only. It is not a fixed or guaranteed return to depositors on their deposit and cannot be considered as Interest.

The current 40,000 bond, on which the govt is paying 1.5% per annum profit. This 1.5% is now interest as it is a determined interest on deposited money. The prize is a different thing.

Allah knows better!