FNB investments
Question:-
I would like to invest some monies with FNB. Could Maulana kindly advise me which is the best investment to choose from?
Answer:-
We have our reservations with regard to FNB Islamic Banking, hence we advise abstention from investing in any of their investment schemes. Yes, if you are opening an account for the safekeeping of your funds, then there is no harm in doing so. In this instance, you should open a straightforward savings account that doesn’t accumulate any interest.
ALLAH TA’ALA KNOWS BEST!
ANSWERED BY:
Mufti Mohammed Desai
Date: 13 Rabi-ul-Aakhir 1444 / 08 November 2022