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Questions tagged [investment]

The tag has no usage guidance.

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0answers
22 views

What to do with stock bonus given by the employer?

I work at Walmart which sells guns,pork and alcohol. Company gives us stocks bonus either we like it or not. My question is :what to do with thsee stocks,should I sell them and give away all the ...
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0answers
16 views

Investing in prize bonds is halal in islam [duplicate]

Investing in prize bonds and getting its prize for winning is halal or haram?
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1answer
45 views

Is making a stock market related website haraam?

I want to make a web app similar to Finviz.com, where the user can spend time and find information about the different companies and make personal decisions on further action thru screening. But the ...
1
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1answer
311 views

Is receiving a daily return on a cryptocurrency investment halal, haram, or makruh?

I invested in a cryptocurrency. The company offered a mining and stake pool program. In that program, they have a return on investment (ROI), so I took a part of it. For example: buy a 100 coin and ...
2
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1answer
141 views

Ethereum Casper and Proof of Stake

Ethereum is a blockchain technology that allows code to run on it called smart contracts. Its base currency is $ETH. You can think of the ethereum blockchain as a super computer that you can run ...
2
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0answers
47 views

Investing in halal company that is partnered with company planning to add leverage trading (involves interest) in the future

Salam all, I have invested in a cryptocurrency ICO (like an IPO for cryptocurrencies/crowdsale) after researching into it to find any sort of haram connections or actions taking place by the company. ...
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1answer
1k views

Is investment in the cryptocurrency OneCoin OneLife halal?

There is a new cryptocurrency launched with some profit scheme named OneCoin OneLife. Can you please give your guidance either investment in OneLife scheme is halal or haram?
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0answers
63 views

Making Investment with Loan (with Interest)

Suppose a person take a loan from the bank to make an investment. The loan has to be returned with interest. Using the loan, he buys assets. To return the loan+interest, he rents the assets over a ...
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2answers
134 views

Is there zakah on gold exchange-traded funds?

I understand that we need to pay zakah on "physical" gold and silver after a certain threshold has been reached and is available for a whole lunar year. What is the fiqh with respect to gold exchange-...
4
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1answer
164 views

Investment without accepting loss on the invested amount. Permissible or not?

My friend wants to invest with someone. He is willing to accept the profit or loss on the income amount. But he is not willing to accept the loss on the amount invested. Say for example, he wants to ...
1
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1answer
40 views

I am looking for a company that I can invest in-ex;Buy shares - That is nearly 100% halal

A company that does not involve in Riba transactions. Is there such a company? ISlam q and A has been useless with providing examples of such companies... Perhaps some here knows... Thank you, ...
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1answer
61 views

Can we invest money in banks and buy shares in banks? [closed]

Can we invest in banks? And buy shares of banks?
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1answer
86 views

Is an investment where I receive returns for a period of time halal?

I recently made an investment but now am uncertain if the returns are halal. Below is the agreement between me and the company. I invested a sum of money for a project in India and have a stake in a ...
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2answers
2k views

Is crowd-funding Halal?

Is it Halal to donate money to company (who need money to fund a product/project/etc...) online via crowd-funding sites such as: Kickstarter or IndieGoGo? What if I gave money to a company (who need ...
1
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1answer
4k views

Saving accounts - Investments - what is halal and what is not

I have been reading a few articles recently in regards to interests/profit accrued from saving accounts and found out that they are forbidden. I currently have a current account that works as a ...
2
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1answer
3k views

Is it permissible to work in a financial institution, if you work in a role that does not directly deal with riba?

I am a Muslim undergraduate student in the US who is contemplating career options and thinking about the finance track that a lot of undergrads gravitate towards (positions in investment banking or ...
1
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1answer
123 views

Can I earn interest from 457 plan? [duplicate]

Since I work for the government company we get 457 plan similar to 401k. Can I earn interest from that and not from the bank? If not what are my other options?
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2answers
99 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 ...
1
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2answers
114 views

Dues my brother should have given me after me selling my property for a business proposal

I sold my flat for a property investment with my brother twice. He had got the proposal which seemed good and I trusted him. I have no written proof because I trusted him blindly. When he didn't give ...
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4answers
3k views

How is investing different from gambling?

How is investment a different thing to do than gambling (which is haram)? Both can... make you profit or cause loss depend on skill and chance. be very risky and very likely to be profitable. be ...
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2answers
5k 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 ...
3
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1answer
78 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 ...
4
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1answer
1k 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 ...
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1answer
7k 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 ...
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1answer
2k 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 ...
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0answers
401 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 ...
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3answers
5k 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 (ISHARES ...
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1answer
3k views

Is investing in a physical gold exchange-traded fund halal? [duplicate]

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 (...
4
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1answer
78 views

How does zakaat work with pension schemes?

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
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1answer
2k 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 ...
8
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13answers
150k views

Is investing in the 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 ...