One thing I wanted to point out is that when talking about savings accounts, wouldn't it be better to inform the reader that the value of savings will go down due to inflation. However, value of investments in mutual funds will also keep on fluctuating. Folks might get an idea that the principal value stays intact in case of mutual funds.
I invested 100k in islamic income funds in may, can i apply for tax credit in this tax year? And what is the procedure?
Excellent article Ammar. Very easy to understand.
One thing I wanted to point out is that when talking about savings accounts, wouldn't it be better to inform the reader that the value of savings will go down due to inflation. However, value of investments in mutual funds will also keep on fluctuating. Folks might get an idea that the principal value stays intact in case of mutual funds.