Investment through 401 K and similar schemes : 401 K saving and stock investment schemes

Fatawa Question

Salaam I am 28 years old and I want to start putting money in 401 K and IRA. But I don’t know what Islam's Porhabits like Interest when its comes to putting money in 401 K and IRA. I went to a advisor and he needs interest definition and also is it ok to buy stock ? I have email alot of Ismic scholors but hanvet recieved answer yet. please help. Khudahafiz.

Fatwa

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Publication Date

2007-03-08

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

3

Data Type

Fatawa

Language

English

Record ID

BIM-786660

American Psychological Association (APA)

Qahf, Mundhir. 2007-03-08. Investment through 401 K and similar schemes : 401 K saving and stock investment schemes. .
https://search.emarefa.net/detail/BIM-786660

Modern Language Association (MLA)

Qahf, Mundhir. Investment through 401 K and similar schemes : 401 K saving and stock investment schemes. 2007-03-08.
https://search.emarefa.net/detail/BIM-786660

American Medical Association (AMA)

Qahf, Mundhir. 2007-03-08. Investment through 401 K and similar schemes : 401 K saving and stock investment schemes.
https://search.emarefa.net/detail/BIM-786660