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Superannuation Funds
Assalamoalaikum,
As you know, some countries regulate the superannuation from income and handover to a third party of employee choice.
There are various super businesses who say they do halal super investments, some western businesses declare ethical investments and others western businesses investing in all type of businesses.
What does Islam guide us in these kind of investments? Is there halal and non-halal in these type of investments which are not controlled by employee.
Please provide some guidance.
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2 Replies
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Superannuation Funds
updated 1 year ago
2 Members
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2
Replies
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To have control over a business is not a requisite for a business to be halal.
If you have a choice, you may choose the one you think is doing a business that is not against Shariah injunctions. that it is not immoral or unethical or is not solely based on Riba (interest)
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JazakAllah for clarification.
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