The tag has no wiki summary.

learn more… | top users | synonyms

0
votes
2answers
48 views

Is profit from selling various products which include red wine halal?

Ok im asked to join this program, where we park our money in it and we are given 1-3% profit. The profits come from the buying and selling of items from different merchants in the program, from every ...
4
votes
2answers
259 views

Contract for Difference (CFD)

UPDATE 1: So those sharia compliant CFD's, how are they different interms of gambling from the non sharia complient CFD's? As even the non sharia complient CFD's have no interest if you don't hold ...
2
votes
1answer
41 views

Is it necessary for the mudarib to reveal his dealings to the rab-al-mal?

In a mudarabah-based business, does the rab-al-mal have the right to know which businesses the mudarib chooses to invest the capital in? If, for example, the mudarabah contract clearly requires the ...
3
votes
1answer
265 views

Islamic investments

I've been reading about the Islamic stock market and have been looking at some of the companies in some of the Islamic indexes and/or Islamic funds. I have noticed that they include companies which ...
2
votes
1answer
941 views

Investment in Islamic Business conglomerate that gives almost fixed returns

We have been investing in Heera Gold an Islamic company which aims to remove interest in society by allowing investment in their mainly gold export import business with an apparently profit sharing ...
2
votes
0answers
302 views

What is the Islamic definition of 'trading' - Sunni view?

What is the Islamic definition of trade? I understand that Zakaat is not paid on Diamond jewelry, as long as the diamonds are not bought for trading purposes: Shaykh Ibn Baaz (may Allaah have ...
3
votes
0answers
371 views

Is working in an investment bank halal? [duplicate]

Many students and graduates do internships and sometimes go further to pursue a career in an investment bank. I wanted to know: what is the ruling on working in an investment bank? I also wanted to ...
4
votes
1answer
783 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 ...
2
votes
1answer
602 views

Investing in Gold EFTs

I've noticed that the stocks and shares market gives investers the ability to invest in physical gold without having to have the physical gold, i.e. view EFT's such as LON:PHGP. ETFS Physical Gold ...
3
votes
1answer
64 views

Pension schemes and zakaat

Apparently in the UK, work based pension schemes will become obligatory in 2014. I have done a little research in this and it is possible to choose a company you want to invest in, allowing you to ...
3
votes
1answer
533 views

Zakat Calculation: Investments

I originally asked this question which I am splitting up. Investments and shares for retirement: Pay while contributing on the contribution amount or pay when retiring and we are able to withdraw the ...
7
votes
11answers
16k views

Is investing on stock market Haram?

Recently while talking to a non-muslim person he said "stock market is nothing but gambling". And I have met many people with same thought. As per my understanding Gambling is something where you bid ...