islamic

I would love for someone to fact check this as I am not an expert Suppose you have a 100K house that you’d like to buy, but you have only 20K. So you ask an investor to give you 80K in order to buy the house. Then out of your pocket you have two payments to make: 1. Slowly pay off 80K on a...

Salaam, I have a dilemma in regards to my current job. Basically I work as a data analyst for an insurance brokerage in the UK (for those who don't know an insurance brokerage arranges the purchase of commercial insurance for companies). My role involves providing data and quantitative reports...

New to investing . I was wondering if someone can explain me in simple terms if one invests 100usd n S&P 500 and 100 usd shariah each month starting September for a year, what will be the difference in the investments ? Will the s&p500 make you more money than the shariah one and if so how much...

So I'm a UK resident, I already have a Wahed account with an ISA which I opened this year, so in the hunt for a brokers I didn't really care about whether it supported ISAs. Wahed also ends up investing into a shariah compliant ETF which spreads its investment across 350 world wide companies...

Hello, I am new to investing and I am working on building on my emergency savings fund at the moment. I’m researching how to invest at the moment but there’s also the element of keeping it halal. In the U.K. There seems to a limited amount of brokers as well. So if any U.K. investors could be...

As-salamu alaykum group. We specialize in providing growth capital to small and medium enterprises around the world. Historically, most of our offerings have been profit-participating; however, they haven’t necessarily been true sukuk, because they’ve often had a minimum. We’re now...

I know some variant of this question has been asked many a time and I have been reading related posts and browsing through blog posts all night; however, there are still some confusions that I need to clarify to accurately calculate my zakat. As I understand, the conditions for zakat...

I see some fatwas and also some videos of scholars saying ‘CRYPTOCURREY IS HARAM’ I’m not a trader, but am an airdrop farmer. I do crypto airdrops, testnet etc and then the project gives us some % of their tokens total Supply. In my opinion, if the project is not gambling and it’s not using...

It's a SPAC, which I've recently learned has the potential to be shariah-compliant...but you'll have to monitor at key points. See: Screenshot from Islamically IFG Conclusions CCIV on Finviz They're due to merge with Lucid Motors, which is on track to becoming another Tesla -- their C-suite...

Personally, I was excited at first, thinking finally a halal crypto, but after thinking it over, I started suspecting it might be a scam. The delayed release dates kept getting pushed back, and for a crypto to succeed, it either needs to be seen as a speculative investment or used as currency...

If you have a defined pension plan (you put money in and the company matches with a certain percentage), would you mind sharing some information for a research project? (you can DM me / respond here / [halaljihadist@gmail.com](mailto:halaljihadist@gmail.com) ) . Country Who is the plan...

This may be one of the most in-depth videos in terms of islamic fiscal and monetary policy. It also debunks the myth of socialism that we see some pushing for within the market.

Salaam all, like the title already says I want to know how to calculate zakat on stocks. I made a research and found many ways this are which made sense too me. Short term holding(1 year approximately ): You have to pay on the whole current stock price 2,5% Zakat. Example: You have 100 stocks...

Hoping someone has insight on this. This is basically my first professional job and it is a contract. So I am working for a client company through a recruiting firm. I am paid hourly. I work from home. Been working here for months On Friday’s, I report my hours worked for the week. I usually...

Asalamou Aakaykom I am interested in alternative investment options to real estate and shariah compliant products. Real estate requires a more important capital and for shariah compliant products I personally mainly don’t feel comfortable investing in them given that they all bear debt and tbh...

Assalamu alaikum. I would like to know whether making money online by making a deposit 1000 $ which enables you to complete task orders (10 tasks per day which will make you 50$ per day and 1500 per month). Note that the tasks are placing orders from companies like amazon, alibaba, loot and...

Salamalaykum New to investing and my reading has led me to the point that I would like to invest in a low-cost Sharia-compliant ETF. Happy to invest passively and for the long-term. Am 30y/o so not too worried about level of risk. Can anyone please advise regarding the best sharia-compliant...

My stab at surfacing the metrics relevant to making a halal-ness rating on Airbnb, coinciding with their S-1 filing going public this morning-- while we all eagerly await @secretz's more definitive take. (I've actually attempted to use Rakaan's approach in my analysis below) Primary Indicators...

ASA all, I probably already know the answer but: are we allowed to borrow money against our assets like our stocks? Read that this is what the ultra-rich do in the US, so they get money that doesn’t show up as W-2 income while also not selling their stocks and incurring capital gains. I feel...

UK : Suppose you have a good salary , a nice deposit and alternative sources of income access to a halal mortgage. Would you prefer to : option 1 : a house in a student area (so basically the rent is guaranteed) outside of London , averaging a profit of roughly 600-800£ a month (your...