In the name of Allah, the Beneficent, the Merciful
“Nothing is the life of this world but play and amusement, but best is the Home in the Hereafter, for those who are righteous, will you not then understand?” (6:32)

Principles Of Shariah Governing Islamic Investment Funds

The term ‘Islamic Investment Fund’ here means a joint pool wherein the investors contribute their surplus money for the purpose of its investment to earn halal profits in strict conformity with the precepts of Islamic Shariah. The subscribers of the Fund may receive a document certifying their subscription and entitling them to the pro-rata profits actually earned by the Fund.

Written by Maulana Taqi Usmani

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