He is trying to avoid riba and interest.
What Is a Sukuk? Sharia-Compliant Bond-Like Financial Instruments
A sukuk is a bond-like financial product that complies with Islamic finance (sharia) rules.
My Investing Advice
- Thread starter Hilmaam
- Start date
Yes. It’s very good book I’ve studied it plus studying business and accounting
in my opinion we shouldn’t spend time on earning reports or charts or any technical analysis just buy etfs that’s it’s. This is what Warren buffet bet is about and also what statistic show as best likelihood of succeeding. buy ETFs and mutual funds and hold for long term. Best way to avoid the wolves of wall street
Garaad Awal
Former African
I also have normal investments but trading is far more lucrative than only investing long-term if you are smart and understand risk management.
Garaad Awal
Former African
Mutual Funds are the biggest scams on planet earth. ETFs aren’t good for those of you trying to avoid certain companies unless there’s an Islamic ETF in your country
The truth seeker
Get Rich or Die Tryin'
Do you buy stocks on the Toronto stock exchange ?
Garaad Awal
Former African
Hell no
America we have Islamic options fortunately. The Orthodox Jews also have certain investment tools they use to met their religious needs. Very similar to Muslims they also use it for buying houses
He is trying to avoid riba and interest.
What Is a Sukuk? Sharia-Compliant Bond-Like Financial Instruments
A sukuk is a bond-like financial product that complies with Islamic finance (sharia) rules.www.investopedia.com
Almir colan has an excellent podcast on Islamic finance. He explains which financial products are haram and why in easy terms.
He explained things in lay terms and it was very easy to follow.
