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3
votes
2answers
85 views
Are islamic Funds and/or ETF's really halaal investments?
According to iShares:
The MSCI World Islamic Index offers exposure to stocks from the MSCI
World Index which comply with Shariah investment principles.
I don't get it, the ETF LSE:ISWD ...
1
vote
1answer
51 views
Shares in company which manufactures non haraam products
If I become a partial owner of a company via investment, i.e. I buy 100 shares in a company which gives me 1% ownership. If the company sells non haraam products, i.e. metal, but has a loan on which ...
4
votes
0answers
53 views
Is it halal to loan out money which people save in your bank?
Original idea from here.
My question is, is it halal to loan out money which people save in your bank?
Let's say we have an online website.
People can 'lend' money to the website (no interest), and ...
11
votes
5answers
5k views
How do Islamic banks make money if interest is prohibited?
I know that Islamic Banking involves the prohibition of interest based loans. But how do Islamic Banks make profit if they charge no interest?
7
votes
1answer
337 views
Can a Muslim borrow money from his own 401(k) plan, with interest?
I understand from this, and other related questions, that Muslims are not permitted to charge interest on loans.
This brings up a question for me:
In the U.S. many people have 401(k) retirement ...
