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Investing in Halal Unit Trusts: Which Companies to Choose?

Q: I have just graduated from metric and I intend investing my money in shares. Please inform me as to which investment companies (oasis, old mutual, al-baraka etc) I can purchase unit trusts from, which are halaal and suitable?

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A: Refer to http://muftionline.co.za/node/1923

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

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.

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