islamic

Salams my fellow colleagues: I wanted to post this as a way to help you all find that Islamic finance in the west is not as hard as some people think, just takes a few extra steps. Here are some popular questions I hope to answer with this post - My bank does not offer any interest free...

According to my study and analysis over the past week: The best buying price is between 11-13 It may come down a little, but it has solid support.. and there are large portfolios in which there are investors who have not sold or not planning to sell until now. Among them is my personal...

Let’s take this example: I am an individual with a lot of money. Someone comes up to me and requests for a loan of $500,000 so they could buy a house. I will lend them that money and they will pay me back in regular instalments without any interest (they’ll pay $500,000 in total in x...

Salam aleykum everyone I want to start investing and have seen that there are multiple different Shariah standards. As example: FTSE, MSCI, AAOIF, D&J or S&P FTSE and MSCI are using the total assets to see if the depth is lower than 33%. AAOIF as example takes the market capitalization...

Assalamualaikum my brothers and sisters. I would greatly appreciate it if anyone could answer the following questions. Some questions will only apply to the UK, so if there are any UK Redditors here, please feel free to answer those as well. Additionally, I am asking some questions on behalf of...

Asalamualakhum everyone, Recently been trying to get my ISA's set up and organised. Got a cash ISA open with gatehouse and was thinking of opening a stocks and shares one. Was looking at Vanguard but unsure of its shariah compliancy. Quick google search took me to Foresters’ site. Anyone got...

Any suggestions for long term investment stocks? I’m not sure what other stocks should I invest in other that ETFs

Assalamualaikum, Iam very new in investing and I live in Austria. I can invest about 200€ per month. Currently iam not sure where to invest beginner friendly and without having the headache about calculating the tax. There are some brokers that calculate the tax for you in Austria Like flatex...

hi i would like to know if kmon which is a crypto you can earn through events which maybe giveaway or task based and by doing ingame quests and sort i didn't see anything haram in it and i don't invest only get the kmon through quest and event and its going to be listed on various CEX hoing...

RENTAL PROPERTY So I recently joined a partnership to acquire a rental property. Let’s say I had 10k cash but put in 5k into this rental property, so now I have 5k. Would I pay Zakat on the 10k or pay on the 5k then pay 10% zakat on the rental income. (I do not have a home but rather I rent)...

How can we calculate zakat on cash if, for example, I had 100,000 at the start of the year, and since then, the amount fluctuated to a lowest point of 40,000 before returning to 70,000 at year-end?

Hello, My job auto opened 401k for us months ago, and I always thought 401k was just savings but apparently it’s investment and money can become haram with it. I set the contribution number to zero so that it doesn’t take money from my check anymore. However the current balance that is in the...

Asalaamu'Alaikum, I'm considering closing my current conventional UK-based bank account and opening a Sharia compliant bank account. I'm seeking advice on the best options for Sharia compliant current and savings accounts that offer the best returns. Currently, I have a mortgage with Al...

Hello everyone, I am new to the finance scene and currently hold an account in a conventional bank (unfortunately). I want to open an account with an Islamic bank, but as you all know the world of finance is quite opaque especially when it comes to a bank’s dealings with the central bank. Does...

Salam alaykum, I would like to know if there is any halal proprietary firm that allows to trade halal financial instruments. In short, firm that give you a huge amount onf money for you to trade with after you passed a test and cut the profit in a certain %.

Seeking suggestions for Sharia-compliant UK current account with a debit card option. I would like to close my Barclays bank account. Appreciate any insights or recommendations.

I'm looking for places with a isa but struggling to find anyone listing the halal etfs

Salamu alaykum,I just wanted to learn if crypto trading was Halal before I started.

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!

A video released yesterday by Damian Talks Money. We all know Sharia compliant funds and ETFs are tech heavy, and many of us are worried due to diversification. This video covers that most index funds/ETFs are now tech heavy, and this shouldn't be too worrisome. As in the past most index's...