Month: October 2021

The Best Growing Technology Stock, Adobe – Is It Halal?

As soon as Adobe Stock ranked as one of the best technology stocks to buy in 2021, halal investors started to question whether Adobe stock (ADBE) is halal or not. Meanwhile, some Muslims have already placed this stock into their investment portfolios based on their screening results. Because of the increasing interest in this stock, …

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Simple 50/30/20 Budgeting Rule for Managing Your Money

20 Budgeting Rule for Managing Your Money

The 50/30/20 budgeting rule originates from the book “All Your Worth: The Ultimate Lifetime Money Plan” written by Senator Elizabeth Warren and first published in 2005. The main concept of this budgeting rule is to divide after-tax income into three categories namely needs, wants, and savings. Here is a brief breakdown of this simple budgeting …

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Does Questrade Offer Halal Investment? An Answer You Need to Know

Does Questrade Offer Halal Investment?

Questrade does not offer halal (Shariah-compliant) investment options, but it is one of the best online trading platforms that also provides Socially Responsible Investing (SRI) services in Canada. What Is Questrade? Edward Kholodenko established Questrade in 1999. Questrade is one of the fastest-growing online brokerage and wealth management firms that serves Canadian citizens. Questrade has …

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Top 3 Universities To Study Islamic Finance In The UK

More and more universities in the UK have started to offer Islamic Finance courses since the industry has developed significantly over the years. Nowadays, the UK is one of the main hubs for Islamic Finance especially for Islamic finance education among other European countries. In this blog article, we introduce the top 3 universities to …

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Nvidia Stock Halal or Not? Find Out the Screening Results

Is NVIDIA Stock Halal?

“Is Nvidia Stock Halal?” is another frequently asked question among Muslim Investors. Therefore, here we try to cover this topic. To find out whether Nvidia is Shariah-compliant, we will use the following three criteria: NVIDIA Business Activities NVIDIA is loved and appreciated by all computer users around the globe, for instance, designers, game players, and …

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Must Know Facts: Why Is American Airlines Stock Not Halal?

Is Airline Stock Halal?  “Airlines stock is halal or haram?” is another common question frequently asked by Muslim Investors. Of course, the answer can be different depending on which airline stock you are referring to. That is, it is impossible to place all airline stocks into the Shariah-Compliant category or non-Compliant category. However, many big …

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3 Opportunities for Islamic Finance You Should Know

Islamic finance is deemed to expand due to the economic growth in countries with a significant Muslim population. Furthermore, Muslims seek Shariah compliant financial products. Hence, there will be opportunities for Islamic finance to grow overtime. In this short article, Musaffa attempts to highlight three opportunities for Islamic finance. Islamic finance is a type of …

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5 Best Islamic Finance Books 2021 For Your Reading

5 Best Islamic Finance Books For Your Reading

“What are the best Islamic Finance books that I should read?” is a common question among people who want to learn more about Islamic finance. In today’s article, we will talk about books that help you to learn more about Islamic Finance. In addition, some of them help you to develop your personal finance too! …

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Developing Islamic Finance in the Philippines

Developing Islamic Finance in the Philippines

In this article, we will talk about the development of Islamic Finance in the Philippines. The Concept of Islamic finance Financial activities that follow Islamic Law (Shari‘ah) make Islamic finance. The prohibition of paying and receiving riba (interest) in a financial transaction is one of the major foundations of the Islamic banking system. The phrase …

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