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Is this Mutual fund related to any interest?


Hi Friends,
I wanted to know whether the mutual funds are allowed for a muslim or not?. Is this mutual funds inculde any kind of interest.Please tell me how the customer is getting reward and from where it is getting
Thanks n Regards
Fasal

while investing in mutual fund look for the 100% equity oriented fund without any investment in the debt instruments.

these type of investment is not against the muslim. u can invest .

in mutual fund the fund is invested in teh shares of the companies and when the value of the company increases the value of the investment also increases. it is not like the interest.

Mutual fund is for everyone.
Mutual fund does not included a fixed interest, but if you buy a mutual fund you will be reward by dividend, and the increases of unit value.

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