Is it permissible to invest in a fund or index that invests in many companies, some of which deal with Halal items, but there is doubt that some companies may be involved in Haram businesses?
Is it permissible to invest in a fund or index that invests in many companies, some of which deal with Halal items, but there is doubt that some companies may be involved in Haram businesses?
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
It is not allowed to invest in a fund or indent which invests even partly in unlawful business like usury, alcohol, gambling etc.
'Wassalam.