Islamic Investment Funds

Haidar Kazem al-Baghdadi
The search for sources of financing for investment projects is one of the steps of economic advancement and the task of building productive and service sectors in accordance with new financing formulas that address most of the developmental problems that the national economy complains about.
Here, it is necessary to think clearly in order to find effective financing through the tools available in the country, which has a chunky monetary bloc estimated at more than 80 percent of its currency.
Today, the country is witnessing an expansion of Islamic banking aimed at gradually reaching developmental stages. This requires concerted efforts and standing on all proposals put forward by financial experts and those interested in this sector.
Investment funds are an old one dating back to the second half of the 19th century. They were known as equity and bond funds in Britain, where small savings are combined to be a volume of money that can benefit from the diversification advantages that reduce the risk of investment and establish these funds in the form of investment companies supervised by specialized government agencies For the purpose of supervision and guidance.
And we can stand at the idea or proposal to establish Islamic investment funds to represent one of the most important solutions to provide financing to various projects, especially as we are well aware that the Islamic portfolio is expanding permanently and a large segment of the community locally and internationally prefer to deal with this type of banks operating under fixed assets This guarantees the rights of all, especially depositors.
The Islamic Investment Funds are a financial vessel that takes upon itself to re-form a company independent of the bank that was established where it collects the savings of the participants from individuals, companies and bodies. The money is invested in securities or some in-kind assets in order to allow investors to participate collectively in the results of the Fund .
These funds are a key to real development that the country seeks and can be used to be a small savings pool governor to be a volume of money employed to achieve economic diversification that reduces investment risk.
The Islamic Investment Funds are investment vehicles that serve the depositors and are directed to invest their funds according to the areas that suit them both internally and externally to achieve profitable returns. The bank can choose one of the investment fields. A fund is set up for this purpose to be offered to the public. box.
And we can make this approach a new starting point for the provision of financial allocations to the projects we need, so we have benefited all parties and headed towards the development we seek.

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