So HYIP is allowed in Christanity & Judaisim???

@Tushavi (2078)
Karachi, Pakistan
December 9, 2012 6:36am CST
hi to all well, as you all knew HYIP means High Yield Investment Program Usually they are scams, some are works, According to Islamic Laws HYIP is Forbidden in Islam Because HYIP nature of usury, so any christian or jews answer me here??? Its HYIP allowed or not??? My Experience is When I'm newbie to Internet Once I invest $3.00 on a site called "Moneytrip.org" thanks God they runaway with my money so I don't got any Forbidden Money, May God Forgives me, this Time I Dunno HYIP is forbidden. so share your thoughts guys??? have a nice day...
2 people like this
11 responses
• India
9 Dec 12
Don't you invest in fixed deposits or mutual funds? Shares or property with an intention to earn high return?
@Tushavi (2078)
• Karachi, Pakistan
9 Dec 12
No never we have current accounts...
• India
9 Dec 12
This is just you or is it the general practice of most of your countrymen?
@Tushavi (2078)
• Karachi, Pakistan
9 Dec 12
60% I guess having Fixed Deposit & 40% are on Current Accounts...
@1corner (744)
• Canada
9 Dec 12
I don't think usury applies to HYIP. HYIPs don't LEND money, but promise a high-yield rate of return on one's investment. So, to answer your question regarding Jews or Christians' involvement in these schemes, I'd say it isn't necessarily wrong/sinful, IF it is legit/law-abiding. That said, most, if not HYIP sites popping up on the Web, are found to be Ponzi scams, where investors are paid other investors' monies. I used to participate in them years before, when I didn't know what they were doing was illegal. Actually lost money, so it wouldn't be advisable to go into.
@1corner (744)
• Canada
9 Dec 12
Sorry - to edit above, "Most, if not ALL, HYIPs..."
@themdno (403)
• United States
9 Dec 12
I don't think there is anything in Judaism that would frown upon HYIPs, and I'm positive there is nothing within the Christian religion that would frown upon it either. Just wondering, can you explain what 'nature of usury' is? I have no idea what that means. I hope this isn't offensive or anything, but it seems crazy to me to think that a religion could have a problem with something like an investment program. Of course unless the investments were being used to harm someone, then it would be another story... I mean, I understand HYIP's are always going to wind up turning into a scam, and people are going to lose money. But, in my eyes, the site owner is the one who is at fault, and should be viewed negatively, if he/she were to be judged. The users are all taking a gamble, and because I come up short on my bet and you come out on top, doesn't mean you have wronged me. Does that make sense? Of course, I respect different viewpoints and beliefs than my own, that's why I'm really curious what nature of usury is.
@Tushavi (2078)
• Karachi, Pakistan
9 Dec 12
Explanation of HYIP Nature of Usury : A Simple Explanation is how someone promise you that gives him/her $1.00 & he gives you $1.10 Per day in return, that means 10% Profit on your $1.00 daily, the question is how he gives u $0.10 per day??? of course the peoples who asks for money & investment from you must deposit your fund on any Bank, The Bank offers $1.20 on $1.00 so its markup, Now the HYIP admins shares a profit with you, wish you understand...
@bestboy19 (5482)
• United States
13 Dec 12
I can't say that no church has ever invested in HYIP, but I've never heard of any doing it.
@rubyroy (824)
• India
11 Dec 12
Money if you give power to money,it will act will be funny, Do not give more importance to money, Than your maker, or relationship sunny, Then money will not be so worrisome and funny.
@dorannmwin (36698)
• United States
10 Dec 12
I've never invested any money, so that isn't something that I've ever been a victim of or a recipient of the money from one of these kinds of scams. With that said, I don't think that it is a matter or religion that says whether or not something like this is allowed, instead, I think that it is a matter of the government in an area that would set the guidelines. I know that there have been many people that have been prosecuted in our country for Ponsy schemes similar to what you've described here.
@nykalex88 (244)
• Philippines
10 Dec 12
Well. we all know that HYIP's are all scam. It is also like a game of chances because you may win or lose with your money invested. You win the next day if the site is working and you lose all your money if the site suddenly disappeared. Games of chances are forbidden in Judaism and Christians, therefore, HYIP is not allowed.
• India
10 Dec 12
Hi Tushavi. Well I dont understand how it is unethical according to your religion to invest money. I think it is such a way that it is unethical to expect interest while lending anything. But you can however invest in such activities and donate the interest. In that way not only are you contributing the project but also helping the poor. And since you are not consuming the money I don't think it goes against your religion. Anyways have a nice day... -=SuperShames=-
@dainy1313 (2354)
• Leon, Mexico
9 Dec 12
Hello Tushavi, God forbides evilness. Blessings... dainy
• United States
9 Dec 12
According to the Old Testament which many Christians do not feel applies to them, usury is forbidden. If I remember correctly it mostly pertains to not charging interest to your "brother" as well as not dealing dishonestly with others. But as you well know - most "Christians" only obey the parts of scripture that they find easy to follow - they ignore the parts they do not want to observe! HYIP is most likely a scam pretty much like trading binary options!
@dragon54u (31634)
• United States
9 Dec 12
I'm a Christian and while my religion does not forbid HYIP one of our ten commandments that every Christian is supposed to follow is to not covet our neighbor's property--in short, do not be envious or greedy. One of the worst sins is greed and one of the reasons why these HYIP schemes attract people is because they are build from greed and are bought into by people driven by greed. My religion forbids things but the enforcing these things is up to the individual person. The religion and its leaders do not punish but leave it to our own conscience to punish ourselves and correct our behavior. We often punish ourselves more harshly than anyone else would.