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  1. M

    Halal Debt - Part 2 + First Investment

    @beardedyouthpastor There are several others like this. DMLP for example
  2. M

    Halal Debt - Part 2 + First Investment

    @resjudicata Commercial Loans are not a necessity. Corporations just take loans because the payment terms on those loans are lesser than the returns expected by investors. Not a necessity - but an ease. I am not saying that I am taking the responsibility of preventing Riba from the world - I am...
  3. M

    Halal Debt - Part 2 + First Investment

    @resjudicata Your first two points are very similar. The prohibition of Riba helps with the guaranteed transfer of money. And not cause any harm is also something that is important. Also - yes being a benefit to the community is to be strived for. However, the "compromise" portion is...
  4. M

    ELI5 -- if a company's stock is considered non-compliant with shariah, is the income from working at that company also not compliant, i.e. not halal?

    @mrsstylz Thats honestly a very good question. ALso - if you're working there and say you got stock options - are those stock options haram?
  5. M

    Halal Debt - Part 2 + First Investment

    @resjudicata This is a good post. I appreciate the points FNV is signed on to the "World Gold Council's - Responsible Gold mining principles" which addresses the social and environmental aspects. However, this is a very important thing to look at. I agree with that. A better investment would be...
  6. M

    Halal Debt - Part 2 + First Investment

    This is just a continuation of my previous post - and a post explaining my first investment. Please note that the below is just my personal opinion based on my knowledge and experience. Another item appearing on balance sheets as liabilities is - deferred revenues. Deferred Revenues are...
  7. M

    Halal Debt

    @godgirl2004 Not a Islamic Scholar - so I shouldn't be the one distinguishing between halal and haram. However, the basics from what I personally can think of: is if (1) the business operations are halal. I.e. Banking/Alcohol/Entertainment probably not halal. 2) I'd also not invest in any...
  8. M

    Halal Debt

    @godgirl2004 No. This is just one part of the equation
  9. M

    Why *don't* you buy Halal ETFs?

    @michael_natale I dont
  10. M

    Halal Debt

    @resjudicata That's something I haven't even thought of. Thank you for pointing it out; I am going to think about this before I make an investment. The two points that I am thinking of is this. 1) Not halal: The company and the money made is already haram - and money made of haram is still...
  11. M

    Why *don't* you buy Halal ETFs?

    @michael_natale I don't think that the stocks classified as 'halal' are actually halal. I simply do not think that the defence provided by the aaoifi is sufficient for the allowance of the debt. If i agreed with their standards, I would purchase halal ETF's without a second thought
  12. M

    Halal Debt

    @saucyspicey14 I agree about following a scholar definition > my unqualified definition. However, just to clarify, I think that the above debt is fine because there isn't any interest on these two forms of debt and this is why i consider it to be halal. I didn't explain my position well. Ill...
  13. M

    Halal Debt

    Salam. I was under the impression that there are exactly 0 stocks that i'd consider to be halal because I dont subscribe to the 25/30/33% debt levels. However, brother @brotherian gave us a great list of 0 debt stocks: and also provided a stock screener...
  14. M

    Which shariah standard to follow?

    @resjudicata Yeah -- i dont see any debt free stocks
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