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Investing in variable annuities

Dear Br.

 

It is meaningless and rather sinful to intentionally earn haram and give it to charity.

 

This widow shall be as good keeping 40% cash (not earning and not giving sadaqah) and investing only the 60% in equity, of course provided the shares she selects are themselves Shari`ah compliant.

 

Allah Almighty knows best.

Thursday, Jan. 01, 1970 | 00:00 - 00:00 GMT

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