Old Mutual Albarakah equity fund
Question
Is it okay Islamically to invest in the Old Mutual Albarakah equity fund?
Answer
These financial institutes are covered in ambiguity and doubt. Hence, we don't at all encourage anybody to subscribe to them.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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