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2
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0answers
29 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 ...
0
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0answers
34 views

Which Sharia compliant organizations provide interest free investment or banking services

I can hardly find any Sharia compliant organizations providing riba free investment services or at least basic banking services. Hence wanted to know them.
3
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2answers
116 views

Is working in an investment bank halal?

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 ...
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
0answers
67 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 ...
1
vote
0answers
52 views

Investment Ideas which do not earn interest [closed]

Can someone give some good investment ideas which are halal and do not earn any interests over the time? In the banks, we do have policies or fixed deposit schemes etc which earn interest over the ...
3
votes
1answer
55 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
129 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 ...
6
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8answers
2k 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 ...