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RMPP AVC Shariah Dividends ??

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

RMPP AVC Shariah Dividends ??

Post by Hawkey99 »

Does this fund pay dividends leading to more units over time.

Thanks for any hrelp.....
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RobertT
EX ROYAL MAIL
Posts: 6667
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: RMPP AVC Shariah Dividends ??

Post by RobertT »

Yes it does.

There's nothing in the rules of Shariah investments that prevent profits being reinvested.

For reference, check out the relevant 'Underlying Fund CFC Document' here: https://digital.feprecisionplus.com/cor ... ory=2rmp62
(click the Shariah arrow and you'll see it).
Links to all RM pension related websites are here
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Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Re: RMPP AVC Shariah Dividends ??

Post by Hawkey99 »

Thanks Robert as always.....
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