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Investing In Mutual Funds
Investing in mutual funds right or wrong please Guide
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7 Replies
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Investing In Mutual Funds
updated 2 years, 1 month ago
3 Members
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7
Replies
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There’s nothing inherently wrong in investments of any form as long as there’s no aspect of immorality or polytheism involved.
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Please elaborate it little bit more and please also explain the point that in mutual fund some amount also invented in finance companies. Is it permissible to take interest earned by inventing in mutual funds??
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Not all mutual funds invest in companies that earn riba. You can pick the ones that don’t make investments in immoral businesses.
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Please also refer to the video below from 14:09 to 15:34
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Please also refer to the video below from 27:24 to 28:26
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In mutual fund companies investor not invested in any company he just gave his specific money on specific date and then officers in mutual fund further invested that money in 5-6 sectors like food, FMCG, Automobile, finance, pharma,machinery, etc.
In the concept of mutual funds investor have not control where to invest.
Please guide as per ghamidi sir do invest in mutual fund halal or haram
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Your preference should be that you pick the ones that don’t make investments in Haram businesses.
and if there is no such choice available, then atleast one should choose those funds where significant portion of their investments are made in Halal businesses and its best that proprotion of income of fund earned through investement in financial companies be given in charity.
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