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Forums Forums Islamic Sharia Permissibility Of Mutual Funds And Gold ETF

  • Permissibility Of Mutual Funds And Gold ETF

    Faisal Haroon updated 3 years, 7 months ago 2 Members · 1 Reply
  • Faisal Haroon

    Moderator December 9, 2020 at 10:11 pm

    As a principle, there’s nothing wrong with trading in the stock market. Please see:

    Discussion 36403 • Reply 36421

    The only thing to be mindful of is that the company that you trade should not be involved in any immoral or unethical business. If you know a mutual fund that doesn’t invest in such businesses then there’s nothing questionable about investing in mutual funds.

    Gold ETF is an instrument that tracks the market price of gold, so I don’t see anything immoral or unethical in trading that either.

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