Your comments will be appreciated

Dear Brothers and Sister

If anyone has any knowledge about Mutual Funding please post your comments. I would love to know what Islam has to say about Mutual Funds. I am trying to avoid interest, that is my main point.

Thank you

What are Mutual Funds?

_____________- -SupeRazor- -_______________

Some ppl make their goals the stars.
They may live n die n never reach the stars,
but in the darkness of the night, those stars will guide them to their destination.
Becuz they made them in their eyesight

These are open-end funds that are not listed for trading on a stock exchange and are issued by companies which use their capital to invest in other companies. Mutual funds sell their own new shares to investors and buy back their old shares upon redemption. Capitalization is not fixed and normally shares are issued as people want them.

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