Things You Should Know About Shariah Investment (Business Opportunities - Other Business Ads)
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Things You Should Know About Shariah Investment | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. Numerous mutual fund categories adhere to the principles of socially responsible investment. Shariah-compliant mutual Funds are a kind of ethical investment that follows Muslim Shariah, also known as Shariat law. These mutual funds follow Islam's moral code, known as Shariah law. Shariah-compliant mutual fund features: A Muslim cannot invest in all types of money, as per Islamic law. Mutual funds that adhere to Shariah regulations make investments within the bounds of Islamic law. The characteristics of Shariah compliant funds in India are: Muslims are not allowed to invest in anything that might endanger the environment, endanger other people physically or psychologically, or even in businesses that advertise firearms, etc. Thus, these funds prohibit investments in companies that primarily make money from the sale of tobacco, alcohol, and other military hardware, gambling, and pornographic material. The Kuran holds that everyone who partakes in returns or Riba is fighting God. For that reason, these funds forbid any interest. By giving the money to charity, an appointed Shariah board avoids these types of prohibited sources of income. | |
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| Target State: Haryana Target City : Delhi Last Update : 15 August 2024 10:56 AM Number of Views: 42 | Item Owner : Green Portfolio Contact Email: Contact Phone: 9560060385 |
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2025-01-18 (0.417 sec)