Get information here about financial things that are halal or haram. Halal financial products and investments are those that are permissible under Islamic law. Haram financial products and investments are those that are forbidden by Islamic law. This information can help you make informed financial decisions that align with your values and beliefs.
Are bonds haram? This is a question that has been debated amongst many in the financial world. Bonds are essentially loans made by individuals or institutions to companies or governments and involve interest payments over time. The debate arises from the fact that Islamic law forbids investing in any activity involving usury, or riba, which … Read more
The question of whether health insurance is haram, or not permissible according to Islamic law, has been a matter of much debate within the Muslim community. There are many differing opinions on the subject, and as a result, it can be a source of confusion for those trying to navigate this complex issue. In this … Read more
Is trading 212 halal? It’s no secret that the world of finance can be a murky one. For Muslims, who are required to follow Shariah law, this can pose a problem. Many financial products and services are simply not permissible under Islam. This is where Trading 212 comes in. Trading 212 is a UK-based online … Read more
Are credit cards haram? It’s no secret that credit cards can be tempting. After all, they offer a quick and easy way to borrow money. But what many people don’t realize is that credit cards can also be dangerous. So what’s the verdict? Are credit cards haram? The answer isn’t necessarily clear-cut. Make sure to … Read more
Are NFTs haram? NFTs, or non-fungible tokens, have been getting a lot of attention lately. And for good reason – they’re a novel way to represent ownership of digital assets. But some people are wondering if NFTs are haram, or forbidden by Islamic law. In this blog I tackle this subject so you have the … Read more
Is 401k halal? There are a lot of different opinions out there about whether or not 401k is halal. Some people say that it is, while others say that it is not. So, which is it? In this blog I explore whether 401k is halal, so make sure to read till the end so you … Read more
Is roth IRA haram? The Roth IRA is a retirement savings account that allows you to invest after-tax dollars. This means that you will not be able to deduct your contributions from your taxes, but all of the money in the account can grow tax-free. When you reach retirement age, you can withdraw the money … Read more
Is real estate haram? When it comes to real estate, the question of whether or not it is haram – forbidden by Islam – is a common one. After all, real estate can be a huge financial investment, and many people want to know if they can do so without violating their faith. Read the … Read more
Is CFD Trading halal? This is a question that many Muslims grapple with, as Islam prohibits gambling. But what exactly is CFD trading, and is it considered gambling? In this blog I briefly explain what CFD training is and speak about whether CFD trading is halal or haram. So make sure to read till the … Read more
Is leverage trading halal? As most of us are aware, Islamic law has strict rules and regulations regarding financial transactions. This is to ensure that Muslims do not become involved in activities that may be considered Haram (forbidden). So, the question is, does this same rule apply to leverage trading? A Closer Look What is … Read more