Investing in mutual funds, LIC policies and fixed deposits

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Published 8 years ago

Last updated 8 years ago

Q: I want to know if I can do some investments in mutual funds, LIC policies, fixed deposits to save income tax?

A: We do not encourage this.

And Allah Ta'ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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