Question
How can I invest the money of my children? I have a substantial amount. Are there any genuinely Shariah compliant avenues of investment?
Answer
The only safe and valid form of investment nowadays is gold coins. Don't invest in any of these shenanigan companies. All companies which advertise themselves as Shariah-compliant are frauds and liars. They utilize Islamic business terminology to dupe the ignorant and unwary. The price of gold is continuously rising. The price of a krugerrand was R50,000 a couple of months ago. It is today R76,000.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 28 No 06
- PDF page
- 2
Appears under | A HARAAM ‘RAMADHAAN’ PROGRAMME | (approximate).