Investing in Oasis

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I will be receiving a large sum of money from pension pay out from the government upon resignation . If I do not put this in another pension fund, will be taxed heavily by sars. Is Oasis a shariah complaint fund to put my money in the pension fund. Where else do you suggest we invest the Shariah way?

Bismillaah

A: We do not know of their workings, hence we cannot comment.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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