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Child trust fund

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#1 [Permalink] Posted on 5th September 2006 21:45



I was just wondering if anyone knows of any companies or banks that invest the child trust funds in compliance to the shariah?

Jazakallah.

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#2 [Permalink] Posted on 5th September 2006 22:14

Walaykum Salaam


The only company who have the Muslim Children child trust account that I know of are the Childrens Mutual Company.


Quote:


Shariah Baby Bond


At The Children's Mutual we recognise that parents of Muslim children need a Child Trust Fund account that takes their beliefs into account. Shariah Baby Bond is the name of our Shariah compliant 'stakeholder' Child Trust Fund account which is currently the only Child Trust Fund account that respects Islamic law.






You can also click on the links above for more details.

And even apply online.



Hope this helps.

Wasalaam


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