So in a nutshell: After slaving away like a workhorse in a job that you probably hate, if you’re lucky you’ll finally get rich once all the life has been sucked away from you.

of its income comes from interest or investments (this needs to be below 5% to be considered halal). It recommends having a goal for your portfolio and examines the role time-horizons must play in your selection.

They are deemed to be conservative investments on the basis that they form part of the 'fixed income' market. She was a presenter at the National Association of Black Journalists 2023 and is a two-time winner of the Kansas City Association of Black Journalists' President's Award.

As per the religious tenets of Islam, the objective of the Shariah is to protect and preserve five areas: religion, life, intellect, family, and property. Our registered address is office 2434, 24th Floor, Al Sila Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates, PO Box 128666. So just think what difference it could make if Muslims got richer in terms of their personal lives, their happiness, their life chances, and the power they could exert and the impact they could have on the world. Coupled with the fact that halal investing tends to steer clear of harmful or prohibited industries, it’s not surprising that Islamic banks and institutions were able to resist the shock of the 2008 financial crash.

AvaTrade also offers a high level of safety and security as they are authorised and regulated across five continents by regulators such as the CBI, IIROC, ADGM, ASIC, JFSA and others. So if you are planning to invest in one or more of those tools, get in touch with a person who has a good idea of Halal/Shariah compliant investing, so that you can know enough about their permissibility.

Many investors will choose to purchase an ETF (exchange traded fund) that provides exposure to gold.You’ll also An essential resource for Muslims who seek to invest while remaining true to their faith and values, Halal Investing for Beginners is the intuitive and easy-to-follow investment tutorial that everyday Muslims have been waiting for. Real estate investing is one of the most highly desired types of investments for Muslims, but many find it difficult to take a position thanks to a lack of data or resources, making it an option that few are ready to pursue by themselves. Unlike traditional currencies, cryptocurrencies like Bitcoin and Ethereum are decentralized and use blockchain technology. The idea is that it's going back into society to potentially fix any harm that could have been caused.