Shariah compliance MF

[Mohd Nomaan]

Hello everyone, let's explore the benefits of Shariah-compliant investment options together. Join us for a discussion!

 

[Dr Mohd Anas Sheikh]

Ok

 

[apt]

what Shariah-compliant MF

 

[Mohd Nomaan]

what Shariah-compliant MF

As of Now we Have only 3 options in india.

 

[Dr Mohd Anas Sheikh]

Kindly elaborate

 

[Mohd Nomaan]

Kindly elaborate

Shariah-compliant investing lets you grow your money while adhering to Islamic principles. It offers lucrative opportunities that align with your values.
Here's how:

• Profit-sharing instead of interest: Forget about fixed interest rates. Shariah-compliant options like Sukuk bonds offer profit-sharing. You benefit from the company's success, potentially earning more than traditional investments.
• Invest in ethical businesses: Shariah prohibits investing in companies involved in alcohol, gambling, or other non-halal activities. This ensures your money supports companies with strong social responsibility..

Example: Consider Shariah-compliant mutual funds. These funds invest in companies with low debt and strong financials, excluding those involved in prohibited activities. You gain exposure to a diversified portfolio with the potential for healthy returns.

 

[iSayyed]

I am curious to know our best options. Thanks for the thread @Mohd Nomaan

 

[abdul1101]

which are the companies can invest

 

[Mohd Nomaan]

Inshallah, there some updates which will come to this weekend.