Investing is an essential part of wealth creation in India. It helps you beat inflation, fulfil your financial goals, and stabilize your financial future. Instead of letting money lie idle in your bank accounts,
Investing is an effective way to put your money to work and potentially build wealth. Smart investing may allow your money to outpace inflation and increase in value. The greater growth potential of investing is primarily due to the power of compounding and the risk-return tradeoff.
To many people, Mutual Funds can seem complicated or intimidating. We are going to try and simplify it for you at its very basic level. Essentially, the money pooled in by a large number of people (or investors) is what makes up a Mutual Fund. This fund is managed by a professional fund manager. It is a trust that collects money from a number of investors who share a common investment objective. Then, it invests the money in equities, bonds, money market instruments and/or other securities. Each investor owns units, which represent a portion of the holdings of the fund. The income/gains generated from this collective investment is distributed proportionately amongst the investors after deducting certain expenses, by calculating a scheme’s Net Asset Value or NAV
Shariah investing is investing in compliance with the set goals and values under Shariah.The Islamic tradition governs that you must be ethically and socially responsible while investing your money. It means that your investments not only benefit you but also contribute to the overall development of society.Under Shariah investing, you must comply with a set of principles.Let's take a look at these principles.
Interest is prohibited under Shariah. You are not allowed to either pay or receive interest as it is considered unjust. For example, a bank following Shariah cannot give interest-based home loan to you.
Shariah prohibits you from investing in businesses that earn their income through the sale of alcohol, abusive drugs, pork products, gambling, weapons, and other such products.
As per Shariah, you must pay a certain percentage of your wealth as an act of charity. If we compare it with Tax, it is somewhat similar in the sense that you must share your wealth with others who are less fortunate.
Following the Shariah principle, you can invest in stocks or mutual funds. However, it can be challenging to select Shariah-compliant stocks. In that case, investing in a Shariah based mutual fund can help.
1). Tata Ethical Fund. This fund is best suitable for investors who want to invest in a diversified equity fund without getting exposure to finance and banking. ...
2). Taurus Ethical Fund. ...
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Year Experiance
Halal mutual fund” is a Platform for investors who want to invest in the mutual fund as per shariah Principles. We are dedicated to providing shariah compliance Investment solutions for INDIAN . Many people don’t know about saving and investing that’s why we are providing solutions and educational materials to create their wealth for long terms to achieve their financial goals.
Our mission is to create awareness about mutual fund investment as per shariah Principles among the community and to educate the people about saving and investing in the equity market to create long term wealth.
Our mission is to create awareness about mutual fund investment as per shariah Principles among the community and to educate the people about saving and investing in the equity market to create long term wealth.
The Vision of Halal Mutual fund is to provide the best platform for Investors to know about Halal ways of investing in the Mutual fun
The Vision of Halal Mutual fund is to provide the best platform for Investors to know about Halal ways of investing in the Mutual fun
On the other hand we denounce with righteous indignation and dislike men who are so beguiled and demoralized.
