Islamic Mutual Fund

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf Mutual Fund
Shariah-compliant financial product
gptkbp:aimsTo provide ethical investment options
gptkbp:alsoKnownAs Halal Mutual Fund
Shariah Mutual Fund
gptkbp:availableOn many Muslim-majority countries
gptkbp:compatibleWith gptkb:Shariah_law
https://www.w3.org/2000/01/rdf-schema#label Islamic Mutual Fund
gptkbp:managedBy asset management company
gptkbp:mayInvestIn gptkb:Sukuk
real estate
equities
gptkbp:offers diversified investment
gptkbp:prevention derivatives
short selling
speculative transactions
gptkbp:prohibits investment in alcohol
investment in conventional bonds
investment in gambling
investment in pork-related businesses
investment in interest-based financial institutions
gptkbp:regulates local financial authorities
gptkbp:requires Shariah board approval
purification of non-compliant income
gptkbp:subject Shariah screening process
gptkbp:targetAudience Muslim investors
gptkbp:bfsParent gptkb:Islamic_Banking
gptkbp:bfsLayer 8