Mutual Fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. These investors may be retail or institutional in nature.

185442

Khums . Loan . Mutual Fund

Is it permissible for a person who invests in a mutual fund every month but does not have enough remaining to pay Khums on the invested amount on their Khums date, to borrow or take a loan to fulfill their Khums obligation?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 1 year ago

Yes, it is permissible to borrow to pay your obligatory Dues when you don’t have enough cash with you to pay your Khums or other dues.

Wassalam.

154173

Insurance . Investment . Mutual Fund . Stock

Is it permissible to invest in mutual funds or any market-linked insurance plans considering that we don't have knowledge of where the fund manager might be investing our money, which could include stocks, bonds, derivatives, and so on?

Yes it is allowed to invest in mutual funds as far you don't know that they use your money in unlawful business like alcohol, gambling, usury etc.

Wassalam.

111423

Girl . Father . Consent . Mut'a (Temporary marriage) . Mutual Fund

A girl does Mutah, with her father's permission, on the condition that there will be no physical contact. Is it then permissible for them to engage physically, by mutual consent, without taking any further permission from the father?

Zaid Alsalami, Shaykh Dr Zaid Alsalami is an Iraqi born scholar, raised in Australia. He obtained a BA from Al-Mustafa University, Qom, and an MA from the Islamic College in London. He also obtained a PhD from... Answered 4 years ago

Bismihi ta'ala

Loyalty and honouring one's word is the most valuable and most important of qualities a person can have. If your commitment to your word is weak, or you have no consideration to honouring your promise, what else is there?

Both the female, and the male as well have a commitment to stay loyal and honour their agreement. Betraying this, and violating the promise or contract given is not only a major sin, but could also weaken the very relationship in the case they wish to pursue for marriage. It will always be hovering over them that they betrayed the amanah given to them.

Yes, they can do what they are comfortable with, but stay within the permitter of the agreement.

If what you mean by "physical contact", as in no sexual intercourse, then they can have physical intimacy, but no penetration. This is a common condition fathers place, so this is left for consummation of marriage on wedding night.

If what you mean by "physical contact" is no physical contact whatsoever, then I think this was an unfair condition, and they should speak to her father and explain that this is unrealistic. Or, they can decide if marriage is the best option for them, and hasten that. If, of course, they find each other to be compatible and happy with marriage.

In any case, violating an agreement, especially if it is a condition in the contract is haram and sinful.

Best thing to do is negotiate for a change.

With prayers for your success.

89934

Wife . Husband . Parents . Marriage . Obedience . Mutual Fund

Does a wife have to obey her husband like she has to obey her parents, or is a marriage more about mutual decisions and understanding?

Amina Inloes, Amina Inloes is originally from the US and has a PhD in Islamic Studies from the University of Exeter on Shi'a hadith. She is the program leader for the MA Islamic Studies program at the... Answered 5 years ago

This isn't strongly and clearly addressed in our tradition, and so there is a broad scope of interpretation.

From a jurisrpudential viewpoint, the main topic for obedience that is described is with respect to fulfilling the responsibility of the spousal bed, and anything else directly related to that.

Some people take a broader view.

Similarly, with respect to tafsir, some people take the word "obedient" (qanitat, 4:34) to mean a woman obeying her husband, others take it to mean a woman obeying God.

However it is worth considering that all of these elaborations on spousal obedience happened after the time of the Prophet and so there is some involvement of the author's cultural views.

In my experience, in practice, marriages tend to fit into two models - a "master-slave" model (where one person commands and the other obeys) and a partnership model (where the two work together and discuss things mutually). I find in general people tend to re-enact the model they saw growing up and to some extent that which is culturally common around them. For instance, some cultures are quite patriarchal, and this is sometimes reflected.

I have come to feel that this is one way where Islamic teachings are adaptable to a variety of ways of living and aren't wholly specific. However I am sure there are others who will give more specific views.

57249

Cryptocurrency . Investment . Stock . Mutual Fund

Is investing in stocks, bonds and mutual funds allowed? And is it allowed to invest in cryptocurrency such as Bitcoin?

It is allowed to invest in stocks, bonds, mutual funds , cryptocurrancy . etc, but it is not allowed to invest in any share of a company which does unlawful investment or work, like alcohol, un Islamic banks, etc

Wassalam.