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@ddddkkkaj The scholars I've spoken to. Have said you can't make a blanket statement like that about all insurance but you have to look at each type individually to determine if it's halal or not. Same with stocks, crypto and other things.

@warmliketheeveningsun Lol mashallah

@gregscott Thats awesome. Inshallah we get that in Canada one day

Have you been told Insurance is Haram? Have you ever thought about what would happen to your family if an illness or disability made you unable to work? Have you thought about insurance but were unsure about the Islamic Perspective? This Saturday at 1pm Central Time. There will be a...

@sb_ Yes one will earn you haram money the other will earn you halal money

Here is my views on current market volatility, Russia/ Ukraine, Estate planning and much more.

@princesst1 My point is the data would suggest. You, me, everyone, is unlikely to hit those trading days if we aren't invested. So you're telling me your returns are consistently 12-24% per year? Again the data makes me skeptical.

Mark Cuban & Kevin O'Leary have shared different perspectives on this in the past. Having a diversified set of investments allows us to minimize our risk and allows the average investor with limited expertise to make a 7-8% average annual return which will allow them to retire, send their...

@princesst1 This is an unwise long term strategy. If you miss the best trading days in the market your average annual return drops by about 3% per year over a 10 year period.

@siloah04 If your looking to buy a property in the short-term I'd say that's reasonable. But if you're keeping cash to try and time a good "entry" for the market, thats probably a mistake. A portfolio that misses the best trading days is severely hamstrung in the long run

@siloah04 My only question would be why so much cash? 3 months worth of expenses should be all that sits in cash unless there is a major purchase coming in the next 12-18 months