I want to establish a private equity fund which acquires small (halal) companies. I will open an LLC in USA and there I will pool investors into it. Let´s say i want to pool 100k USD. The investors are informed about the industries im going to invest but i dont specify the companies or anything else. So for example i say i will acquire saas software companies in industry xy, with xy, xy, xy metrics and traction. Wouldnt that count as gharar? Or would it be permissible as they are giving me the autonomy to invest as how i see fit? Would be thankful for clarification.
May Allah bless you.
I think this necessitates a thorough Shariah advisory and certification procedure.
You can either contact Shariah Consultant ltd or Amanah Advisors for further assistance.
Kind regards