Search results

Heres what I was refering to " You consent to IBLLC and its Affiliates undertaking, or otherwise engaging in, stock lending activity and the lending of your collateral, securities or other property (including, but not limited to, safe custody investments) including, but not limited to, using...

Hello, I am sure many of you heard about the change to T&C of interactive brokers (T&C #24). This change would allow IB to lend your fully paid shares in a cash accout to be lent out to any short seller without needing your consent. Would this change render IB haram to use or am i missing...

@cautiouslittlehope I understand the rational. They are bothered with saying hey, we did as the market did. So we are in the green! But i am not really bothered. I was in touch with a major investment bank in malysia (biggest islamic bank in Malysia) and after agreeing on the details (it was...

@cautiouslittlehope My benchmark is Sp500. I cant park my money in an equity fund while I look up ideas. It would heavily distort my performance curve. Thats the whole idea of cash and cash equivelents - park the cash. I think we are out of.options really. My local bank in UAE offers short...

@cautiouslittlehope That doesnt work. ENBD is a non-listed fund. I am fully aware of them + high TER. Sukuk are not an option (high txn cost, volatile to some extent). Any simple option like an islamic brokerage account that pays profits on uninvested cash?

@rahenson I am sorry. I am really not following. I dont want to transfer money bank and forth between IBKR and my islamic bank. Simply because I dont know when I will deploy the cash and I usually deploy fast or I dont.

Hello, I trade a lot of stocks and usually have lots of cash. I use IBKR and purify any interest gained. Are there any brokerage that pay profits on un-invested cash? Thanks!