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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Shahed
Thursday, October 7, 2010 11:43 AM 
Reply: >
Dear all brothers,

Can you please suggest any mutual fund or investment scheme to invest Rs. 4 Million for 5 years and get monthly halal return.
Regards
Shahed replied on Thursday, October 7, 2010 11:46 AM 

Please do not recommend any kind of property or banks as property is going down and in banks currency will devalue. So suggest other options.
Regards
Asif Sardar replied on Thursday, October 7, 2010 12:21 PM 

Dear Shahed,

Please visit the website of MCB asset managment company (AMC).
Check their products and stretegise accordingly.

http://www.mcbamc.com.pk/

Regards,
Asif
Shahed replied on Thursday, October 7, 2010 01:21 PM 

Dear Asif Saheb,

Thanks for your advice. I have gone through the above site and noted that their products are good. I think their Dynamic Cash Fund seems good option, however, it looks that they are not giving profit on monthly bases ( may be quarterly ). Anyhow, if you can recommend any of their best fund, please do and I will then discuss with their concerned office. My main purpose to invest this amount is to get some monthly profit + capital gain, instead to put money in any bank for some years and less value at the end. I would appreciate if you can give provide further details to go for investment.
Thanks and regards
shmail ahmad replied on Thursday, October 7, 2010 05:27 PM 

Shahed sb,
I would suggest you to open a dollar/euro account in pakistan and keep ur money in dollar or euro form. This way you money will be safe and will not devalue.
If you are looking for mutual fund sector, then all stock funds are very risky , you can earn good money and u can loose everything. However if you will invest in any income/money market fund it will give u returns like 10-11% (interest- Not halal). In private sector, JSTL (Jahangir Sadiqquie Investment limited) is Pakistan's biggest fund management company , you can visit their site to know about their funds OR NAFA (National Fullerton Asset Management Company) is also a big one owned by Tamasek holding singapore and National Bank of pakistan, again u can visit their web site nafafunds.com to know more.
Assad replied on Thursday, October 7, 2010 05:29 PM 

AOA
Dear sir buy a Safari Villa in Bahria Town Lahore, enjoy monthly rental (min 18,000.00 pm)
No Bank or saving scheme is going to offer you this much. Moreover a house will appreciate, whereas money will depreciate...
Regards
Assad
shmail ahmad replied on Friday, October 8, 2010 05:45 AM 

Dear Asad,

Please enlighten me, if safari villas only come in 8 marla size or doest it come also in bigger sizes and what is the price of those bigger size villas inmarket.

Dear shahed , In terms of Halal profit along with capital gain in 5 years , safari villa is not a bad option. As prices of these villa cant further go down much, its highly probable that these prices will go up. Furthermore, in any case you will own a solid house in a good scheme.

Regards
atif replied on Friday, October 8, 2010 06:56 AM 

Dear mr Shahed i u reach to some conclusion about investment with HALAL return plz share it with all of us with proper authorization of being HALAL investment,so that other people like us should also benifit.
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