Halal Investing for Beginners: How to Start, Grow and Scale Your Halal Investment Portfolio

£12
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Halal Investing for Beginners: How to Start, Grow and Scale Your Halal Investment Portfolio

Halal Investing for Beginners: How to Start, Grow and Scale Your Halal Investment Portfolio

RRP: £24.00
Price: £12
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An intuitive and eye-opening guide to halal investing In Halal Investing for How to Start, Grow and Scale Your Halal Investment Portfolio , a team of Oxford-educated Islamic finance gurus deliver a one-of-a-kind investing roadmap for Muslims who want to watch their savings grow while abiding by Islamic law. Of course, this comes with a caveat: No shady or haram activities are allowed to be conducted in these properties. The only caveat is that if a mortgage is obtained it is deemed to be a halal mortgage without any element of riba.

Islamic scholars help shape halal investing guidelines around topics such as interest, debt, risk and social responsibility. Seek guidance from Islamic scholars or financial advisors with expertise in Sharia-compliant investments. Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.You can also access halal index trading via AvaTrade which means there are no overnight interest payments when trading – you just pay the spread. The earnings don’t just include salary and business revenue, they also include income earned through halal investments as well. We are taught all kinds of useless subjects in school that we never actually implement in our lives, but we are never given a solid grounding about the one area which affects all of us – money.

At the beginning of the book they argue that Muslims are five times poorer than the rest of the world and this needs to be urgently addressed if we want to progress as an Ummah. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Because Islamic law prohibits gambling, any form of investing dependent on luck or uncertain events in the future is not allowed.

However, there’s a catch in this situation for investors looking for Shariah-compliant/halal methods of investing. Among the prohibitions include killing, stealing, oppressing, sex outside of marriage, pork, alcohol, entertainment that contradicts Shariah, and other non-permissible activities. But of course for each person there are a variety of individual factors which will shape what is most appropriate for you.

There is a certain base level knowledge that you need before you dive into investing – that knowledge is whatever is necessary to give you a rough sense of the lie of the land and what kind of asset classes and investment companies you can go for.If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. With the doctrines and guidelines of Shariah, a balanced ecosystem of social responsibility between the society and the individual is created.



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