Where should I keep my savings ?
Fatawa Question
I have some savings in a current account from a conventional bank that does not charge interest as far as I have been told, and just over £ 1000 saved in my saving account, that charges a minimum interest rate, that I do not have to hand now but I am told it is due to go up. I would like to know how it is best to save my money the halal way, shall I change my account to an Islamic account, should I just take the money out and keep this somewhere safe? I would also like to know your suggestions of any good stocks / shares / investments.
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2016-04-22
Country of Publication
United Kingdom
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726142
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-04-22. Where should I keep my savings ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726142
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Where should I keep my savings ?. Manchester England : al-Qalam Shariah Scholar Panel. 2016-04-22.
https://search.emarefa.net/detail/BIM-726142
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-04-22. Where should I keep my savings ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726142
