BMG Funds, which invest only in precious metals bullion, are considered interest-free investments, making them a viable option for investors looking for Shariah-compliant investment vehicles.
The Islamic Finance Advisory Board endorsement comes after a thorough review of the prospectuses of the BMG Funds. BMG Funds hold only pure bullion and do not employ any leveraging, lending or hedging strategies, nor do they make any derivative or foreign-exchange plays. BMG Funds join a select group of Shariah-compliant investments available in Canada.
Notes:
Endorsed by Islamic Finance Advisory Board
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