Do you ever wondered about what the differences between Institutional and Retail Investors? We got your back. Who is an investor? A person or organization who puts money into financial schemes with the expectation of gaining profit is called an investor. As an investor you can use different types of financial vehicles such as mutual …
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ETF is one of the popular investment instruments among investors. Similar to the mutual fund, ETF is a pooled investment by many investors but it has a different structure and operation. This article will briefly explain the differences between ETFs and mutual funds, so it can help you to make an investment decision that suits …
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When it comes to day trading – many scholars have agreed that it is permissible. However, there are still different views on it. In today’s blog we will discuss: What is day trading? Examples of day trading Is day trading halal? What is Day Trading? Day trading refers to the trading practice that involves short-term …
Definition of Stocks When a company needs money to grow, the company can choose to offer ownership shares to the public through stocks. A stock, also called equity, is a security that holds proportionate ownership of a corporation. When you own company stocks, you can earn more as the company grows, giving you shareholder voting …
Is gold trading halal in Islam? Since 570-546 BC, gold and silver have been used as a medium of exchange before the emergence of Islam. Unlike currencies, gold is not susceptible to the whims of government and central banks as currencies are. Fiscal or monetary policies do not affect gold prices. Gold will always be …
Due to the increasing interest in Islamic Finance and Islamic Banking, the need for Islamic Finance universities has gone up significantly in recent years. Consequently, Malaysia, the UK, India, Indonesia and Saudi Arabia has been the home for many Islamic Finance educational institutions. Certainly, more and more individuals are interested to study Islamic Finance at …
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What is Zoya? Zoya is a reliable, easy-to-use, and user-friendly stock screener and halal investment app. At Zoya, you can go through shariah compliance reports for about 12,000 US, UK, and Canadian stocks and groups separate stocks. Zoya app gives an overview of all the stocks in the market and screens if the stock is …
Simple Facts To Remember About Zoya and Musaffa, the Halal Investment Apps Read More »
What is Takaful? Takaful is an alternative to conventional insurance. It is a major Islamic insurance type where participants put their money into a pool system to mutually help each other in the period of any loss or disaster. Takaful Insurance works rely on the principle of cooperation (Ta’awun). In essence, every participant of the …
Purification refers to disposing of unacceptable profits by donating them to charity. Of course, Shariah does not allow Muslims to profit from unacceptable practices and impermissible sources. So, Muslim investors are expected to eliminate any income derived from riba or other haram sources. Subsequently, Shariah scholars have given direction on the topic of income purification. …
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What is Zakat? Firstly, what is Zakat? It is the mandatory act of allocating some amount of one’s own wealth for a greater good. Objective The main principle of Zakat is to provide the downward flow of wealth from individuals who possess it to individuals who need it. Furthermore, the act of Zakat assists the payers …