Islamic finance
Navigating the Quranic Prohibition of Riba in America
The Quran's sharpest line on money is the simplest. Here is what trade is, what riba is, and the practical halal stack American Muslims can use this week.
Islamic finance
How to Quantify the American Muslim Market as an Entrepreneur
Two billion Muslims and $170 billion in US spending sound great in a pitch. Investors still want to know your real addressable market. Here is how to calculate it properly.
Islamic finance
Insurance for American Muslims: What is Halal, What is Not, and What to Actually Do
The classical default leans against conventional insurance, but US life manufactures necessity at every turn. Here is the clear American Muslim playbook.
Islamic finance
Best Halal Investments for 2024
The halal investment market is growing rapidly since it provides responsible and ethical investment options. Halal investing involves investment options that follow Islamic principles. It's unique and shaped by Islamic scholars who offer guidance on debt, risk, interest, gharar, etc. This article will provide you with the best
Principles and Products of Islamic Insurance
Islamic Insurance is an aspect of Insurance that's based on mutuality, cooperation, shared responsibility and common interest. Insurance exists since most human activities are subjected to the risk of loss due to unforeseen circumstances, It's been practiced for centuries and still exists today. Islamic Insurance is
Islamic finance
Your Guide to Getting a Halal Mortgage in the UK
Key Takeaways * Most UK mortgage loan providers charge interest, which is haram in Islam; therefore there is a need for halal mortgages in the UK. * There are several Islamic or Interest-free mortgage providers in the UK, such as Primary Finance, Al Rayan Bank, Heylo Housing, Al Ahli United Bank, and
Halal Investing
Financing Your Business Through Murabaha
Finding halal financing for your business as a Muslim businessperson in the US or any other non-Muslim country can be difficult. Most loans involve interest payments and are, therefore, haram. A Murabaha business growth strategy in Islamic financing helps Muslims buy assets, such as buildings, equipment, plants, or raw materials.
Islamic Asset Classes for Halal Investing
As a Muslim, you must have pondered at some point: how is Islamic financing different from traditional financing? Have you thought of halal Islamic assets too? Islam is a complete code of life. Although it is a common notion that riba (interest) and gambling are prohibited in Islam, there is
Is My Job Halal or Not?
Is my job halal or not? This is a question that a lot of Muslims find themselves asking at some point in their life. Today, we live in a complex society where many jobs are related to something that is forbidden in Islam. Living in the West, the situation gets
Halal Investing
Halal Gold Investment for Muslim Investors
Key Takeaways Gold is an effective inflation hedge—it protects the value of your money (that you have used to buy gold) against inflation. Holding on to physical gold is an effective way of partaking in halal gold investment. Investing in Shariah-compliant gold ETFs and gold mining stocks is more
Your Halal Guide to Day Trading
A quote goes, “Always save for the rainy days.” Yeah, many people nowadays want to save but earn at the same time. So, they invest to get high returns. Day trading is a popular form of trading the financial market, which is equivalent to investing—depending on the user. It
Your Halal Guide to Options Trading
The current "woke" generation wants to make money online - which is one of the best ways to attain financial freedom. But for Muslims, are these methods of making money halal? Today, we'll be talking about one of the several categories of trading - Options trading.