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Question ID: 1517Country: India

Title: Is it permissible in Islam to invest in mutual funds?

Question: Is it permissible in Islam to invest in mutual funds?

Answer ID: 1517Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 615/611=N)

It is allowed to invest in such mutual funds which invest the money of shareholders in companies which deal only in halal items and which have already started their business i.e. they are established and their asset is not only liquid.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Is it permissible in Islam to invest in mutual funds?

Question: Is it permissible in Islam to invest in mutual funds?

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