Buying share, stocks and mutual funds : investment in a mutual fund for children college education
Fatawa Question
Assalamu Alaikum Brother, My name is Yusuf and I saw you when you visited us at the ISB Masjid in Cambridge, Massachusetts. I am sorry I can't remember your name. Brother I have a question regarding making investment for college for your kids. Here in Massachusetts we have UFUND (investing for college) which fidelity investment handles and it is a really a good way to invest for your kids for college tuition. I am really interesting to do this but I am not sure it is permissible in Islam. Can you please give me a quick Fatwa about this issue. Jazaak Allah khayran, Thank you.
Fatwa
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Publication Date
2002-05-24
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726867
American Psychological Association (APA)
Qahf, Mundhir. 2002-05-24. Buying share, stocks and mutual funds : investment in a mutual fund for children college education. .
https://search.emarefa.net/detail/BIM-726867
Modern Language Association (MLA)
Qahf, Mundhir. Buying share, stocks and mutual funds : investment in a mutual fund for children college education. 2002-05-24.
https://search.emarefa.net/detail/BIM-726867
American Medical Association (AMA)
Qahf, Mundhir. 2002-05-24. Buying share, stocks and mutual funds : investment in a mutual fund for children college education.
https://search.emarefa.net/detail/BIM-726867