Via Amanz, the National Fatwa Council decreed yesterday which was published in Berita Harian that internet investment programmes the likes of Swiss Cash is undoubtedly haraam, as it contains elements of riba’ (ursury). I will get that article translated and maybe I can find similar rulings from leading Islamic websites on the matter.
On another note, the Swiss Cash programme has been quite popular amongst the Malay-Muslim Malaysians in particular, and several times I have encountered people asking me whether I am involved in Swiss Cash when I reply that I earn my income from the internet. I find it troublesome to explain what is paid blogging (especially to IT-illiterate people who have never heard of computers, what more blogs), so I almost always ended up saying that I work freelance for advertisers.
Anyway, I digress.