What are the halal investment options available in India?

Halal investment options in India are a growing trend, catering to the needs of Muslim investors who want to adhere to Islamic principles while growing their wealth. One of the key options available is Sharia-compliant mutual funds, also referred to as Halal funds. These funds invest in businesses and sectors that are in conformity with Islamic laws, avoiding industries such as alcohol, gambling, tobacco, and pork. Additionally, there are also halal stocks and sukuk (Islamic bonds) available for investment, allowing individuals to participate in the equity market or fixed-income opportunities while following Islamic financial guidelines. The market for halal investment in India is expanding, providing Muslims with ethical and religiously acceptable avenues to invest their money.

This mind map was published on 15 August 2023 and has been viewed 52 times.