The Reality and Regulations of Investment in Mutual Funds in Islamic Banks in Iraq

Abstract

This study came under the title of the reality and controls of investment in investment funds in Islamic banks in Iraq, and the problem was summarized by the following main question: What is the reality and controls of investment in investment funds in Islamic banks in Iraq? The importance of the topic is highlighted by not singling out this topic for independent research in this way according to the researcher’s knowledge, and the need of Islamic societies to study these urgent topics and know the position of Islamic Sharia regarding them, and the large number of types of investment funds in banks, especially Islamic ones, and that this topic is related to money. Which is the nerve of life, and the bottom line for people, and the research aims to clarify the legal ruling for these emergency calamities in contemporary financial transactions, and to collect the scattered pieces of this topic from its perspective, and to take an integrated picture of it, with knowledge of the new transactions in it, and correcting the path of those drowning in usurious transactions This is done by explaining the legally available alternatives for financial investments, giving a clear picture to those who want to know the right to invest in funds, and prompting the suspicion of those intruders in Islamic banks about these investments; To prove the validity of Islamic banks, and their ability to be stable in reality, for their application of the legal foundations in banking transactions, and to support Islamic banks operating with Sharia contracts, applied to Sharia controls in their transactions, by giving the theoretical framework for their trade in investment funds,