Investment in NHIT
 
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Investment in NHIT

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Rafat Farooqui
Posts: 1
Topic starter
(@rafatif)
New Member
Joined: 3 years ago

Assalamo Alaikum, is investment in "National Highways Infra Trust (NHID)" permissible?

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Halal Investmentor
Posts: 32
(@infohalalinvestmentor-com)
Eminent Member
Joined: 4 years ago

Walaikum salam, NHIT issued debentures are not compliant from sharia perspective. As debentures offer fixed interest which is not considered sharia compliant.

Hope it clarifies.

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