Investing in Oasis, 27 four, Shariah wealth, etc

Answered by 

Shaykh Ebrahim Salejee

Q: What is the rulings regrading Shariah Compliant investments. Can we invest in funds like Oasis, 27 four, Shariah wealth, Al-Mabroor, etc. If we can, which port folios can we invest in. If we cannot invest in these investment funds, where/what funds can we invest in.

Bismillaah

A: We have not researched these different investments.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

Tags: investment, Shariah

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