Dear Visitors I need an advice regarding investment in property. I want to construct my house in 2 years. I have 6 lacs now so where should I invest them. I have two options in my mind.
1. Defense saving certificates
2. NFC 2 file
Please suggest any better option with details. Your help in this regard will be extremely appreciated.
Regards
double shah replied on Sunday, May 3, 2009 08:39 AM
Give it to double shah. |
Pk replied on Sunday, May 3, 2009 09:03 AM
I think buy a 5 marla file in NFC P 2 and the rest in national savings good combination
Good luck |
Faird-UAE replied on Sunday, May 3, 2009 10:59 AM
DR. USMAN
Defence saving certificates are for 10 years durantion and have a lower interest rate than special saving certificates. I would suggest you to buy a plot in NFC and the balance to invest in 3 year tenor special saving certificates. |
Dr. Usman replied on Sunday, May 3, 2009 12:32 PM
Thanks a lot Farid-UAE and Pk.
Is there any better option than NFC 2 in this budget? |
Kashif replied on Sunday, May 3, 2009 02:41 PM
Hi Dr. Usman
I would not recommend investing in saving certificates for the simple reason of interest....if u avoid this option due to 'interest' then whatever investment you make in any property, it will give a high return insha-ALLAH. This is atleast my own belief and personal experience too...the moment I decided not to be involved in any interest-based activity, ALLAH started adding 'barkat' in my income...May ALLAH help all of us following the right path. Best Regards. |
Wakas Arshad replied on Sunday, May 3, 2009 02:47 PM
better option than double shah is to buy Dollars and after 3 years convert them back to rupee.
A safer and a sure method. If not double you will easily end up with 9 to 10 lacs. |
saad replied on Sunday, May 3, 2009 11:52 PM
Dr. Usman,
please dont buy saving certificates because its haram..u should know that interest is 100 percent HARAAM, its war against ALLAH SUBHAN O TAALAH. so just invest it in any NFC-2 or in any other good scheme.I would like to inform all my PAKISTANI BROTHERS that INTEREST (SOOD) its HARAAM ( === Eidted by Moderator - HK ===) so please please please stop eating SOOD.
======= A moderator's Note =======
Saad Sahib! Please note that MOEZA should be HASNA. Please avoid using so bad and abusive language. Thanks for your understanding SIR - (HK) |
Gazanfar replied on Monday, May 4, 2009 03:12 AM
Mr. Double Shah,
Please give advise, if someone requesting. It seems that you have ripping off (Fraud) mantality |
