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Investments which do not have interest

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(Querist)
20 June 2014 Hi,

Want to know which are the investments which do not have any interest components, wherein we can save tax.

As per Islam, we cannot invest in interest bearing instruments like, Insurance, FD, ELSS...etc.


Please help
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
21 June 2014 very difficult question. I have never thought from that prospective. Let me explore some of investment that suits you.
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Rupesh Jain

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Rupesh Jain (Expert)
21 June 2014 YOU CAN DEPOSIT IN PUBLIC PROVIDENT FUND A/C IN WHICH INTT INCOME IS EXEMPT.



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Abdul Razack

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Abdul Razack (Querist)
24 June 2014 Thanks Umesh Sir, It will be great, if any such kind of investments are there, where muslims can invest and get excemption:-)
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Abdul Razack

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Abdul Razack (Querist)
24 June 2014 Thanks Umesh Sir, It will be great, if any such kind of investments are there, where muslims can invest and get excemption:-)
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Abdul Razack

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Abdul Razack (Querist)
24 June 2014 Thanks Umesh Sir, It will be great, if any such kind of investments are there, where muslims can invest and get excemption
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Abdul Razack

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Abdul Razack (Querist)
18 July 2014 Dear Experts, Any updates on this

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