Franklin Templeton Mutual Fund

📈 Investing & Markets Stocks
#1

Is Franklin Temple Mutual Fund halaal or is it only the sukuk?
The investment portfolio only has Franklin temple mutual fund and have tried finding out the breakdown in vain.

About the Stocks category
#2

Assalaamu Alykum Jamila,

Which mutual are you referring to? I believe Franklin Templeton has a variety of mutual funds that people can invest in.

#3

Wa alaikum salaam warahmatullahi wabarakatuh, the broker wasn’t clear. So I wanted confirmation if all the mutual funds are halaal for Franklin Templeton so that I can chose from what they have. Thank you

#4

Thanks for clarifying. So I just quickly looked for some Mutual Funds offer by Franklin in Zoya, and I found one that was 100% not compliant. So I can confirm that not all Mutual Funds offered by Franklin Templeton are shariah compliant.

I recommend looking at them case by case.

#5

Thank you. Much appreciated

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