The Majlis Archive

Finance - Banking - Business The Majlis Vol 24 No 04, p.5

Are there any valid Islamic institutions where one could invest?

Question

Are there any valid Islamic institutions where one could invest?

Answer

We are not aware of any Shariah compliant financial institution where you could invest. As long as you are unable to invest, procure gold coins. The value of currency constantly erodes with inflation. It is therefore best to acquire gold coins until you have sufficient to purchase a property.

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Published in
The Majlis Vol 24 No 04
PDF page
5

Appears under IMASA IS A JAHIL MUDHIL (approximate).

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