An Important Clarification On Halal Investing By Sheikh Dr Yasir Qadhi

In this article, we talk about Sheikh Dr Yasir Qadhi, his background and experience and what he says about halal investing.

Academic background and professional work experience


Sheikh Yasir has a Bachelor’s in Hadith and a Master’s in Theology from Madinah University. He has earned a PhD in Religious Studies from Yale University.
In addition to his academic background, he has been leading a professional career. Sheikh Dr Yasir Qadhi has been working as an Islamic scholar for more than 20 years. And during these years, he was able to publish various books and articles. He has been the Dean of Academic Affairs at AlMaghrib Institute since 2004. He carries out many activities that help to create a better future through education. Moreover, he is a Professor at Rhodes College and a Resident Scholar of Memphis Islamic Center. Recently, Sheikh Dr Yasir Qadhi joined Wahed Invest as an ethical advisor.

Sheikh Dr.Yasir and Wahed Invest


After Wahed’s partnership together with Shiekh Dr Yasir Qadhi, they started to share the same vision. They want to help the Muslim community by educating on halal wealth and halal investing. So, they are creating an educational YouTube series with Sheikh Yasir to educate every Muslim via videos.
Shaykh Yasir answers different questions in different videos and provides detailed information in the latter part of the series.


How does Sheikh Dr.Yasir explain Halal Investing?


In one of his videos, Sheikh Dr Yasir Qadhi talks about halal investing and the requirements for the investments to be halal. It is interesting to know how Muslim investors can invest in securities following religious teachings and laws.


Sheikh Dr Yasir Qadhi states that numerous conditions need to be satisfied for an investment to be considered halal. Before investing in companies, you should check if its business includes any impermissible activities as per the Shari’ah requirements. Muslim investors are not allowed to invest in unethical companies involved in liquor, pork, firearms, gambling, tobacco, etc. Moreover, first and foremost, you should be sure that the company does not deal with riba or interest-based activities. According to Islam, riba is one of the most major sins. There are some technical aspects that modern scholars have derived. Finding a 100% riba-free business is almost impossible. So, scholars have formulated exceptional cases where only a very small percentage of riba can be forgiven. Muslim Investors need to analyze some other technical analyses, such as debt ratio to know if the current company fits the criteria of halal investing.

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