Halal Stock Trading Q&A

11 Stock Market Sectors that you Need to Know

11 Stock Market Sectors that you Need to Know!

A stock market sector is a group of publicly traded companies that work in the same field. The Global Industry Classification Standard (GISC), created by S&P Dow Jones Indices and MSCI in 1999, developed a framework with four categories that classify businesses into 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries. The framework …

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Elon Musk Offers to Take Over Twitter for $43 Billion

Elon Musk offered a $43 billion takeover bid for Twitter on April 14, 2022. Namely, he offered $54.20 per share. At a TED2022 conference on Thursday, Musk announced the proposed deal in a filing with the US Securities and Exchange Commission after turning down the opportunity to join the company’s board of directors. Elon Musk, …

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Know The Rationale behind the Halal Stock Screening Benchmark

The Rationale Behind The Halal Stock Screening Benchmark

There are different opinions about the percentage of halal stock screening benchmarks. Isn’t riba totally impermissible? Then why do Halal stock screening methodologies use 5%, 20%, 25%, 30%, and 33% benchmarks? The Islamic capital market only operates in ways that do not violate the Shariah law. Therefore, it needs a specialized stock screening process to …

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Top 5 Halal Blue-Chip Stocks in the US You Should Know

Top 5 Halal Blue-Chip Stocks in the US You Should Know

Disclaimer: Please be advised that the information provided in this article is relevant as of the time of its composition. However, it is important to recognize that due to the periodic release of new financial reports on a quarterly basis, the status of the mentioned stocks may undergo changes. Therefore, readers are encouraged to exercise …

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