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.
Why is interest haram? As a practicing Muslim, you are probably well aware of the Islamic prohibition on interest. This is known as riba, and it is considered one of the most serious offenses in the religion. Why is this the case? Let’s take a closer look at the reasons behind this ban. A Closer … Read more
No. Investing is not inherently haram. In Islamic finance, investing is considered permissible as long as certain principles and guidelines are followed. These principles include avoiding interest-based transactions, steering clear of haram activities, and sharing profits and losses. By adhering to these principles, investors can engage in halal investing, aligning their financial actions with their … Read more
Is mortgage haram? When it comes to mortgages, there are a lot of different opinions out there. Some people believe that they are haram (forbidden), while others believe that they are permissible. So, what is the truth? Make sure to read till the end to know answers to your queries! What is Haram? There are … Read more
Mutual Funds are considered halal if it is shariah compliant. Halal mutual funds involved in socially responsible industries such as healthcare, renewable energy, and education. Are mutual funds halal? When it comes to investing, there are many different options available. One popular option is mutual funds. There is no easy answer to this question. It … Read more
Yes, Trading options is considered halal as long as it is done with a reputable broker that is regulated by a reputable body. It is important to understand the two types of options, call and put options, before starting to trade, as they have specific differences. Is options trading halal? If you’re a Muslim considering … Read more
Is ethereum halal? This question is at the forefront of discussions surrounding the legality of cryptocurrency. As the world becomes more digitized, the concept of virtual currency has become increasingly popular. However, with this new form of currency comes controversy, particularly among those who follow Islamic law. Many are left wondering if investing in Ethereum … Read more
Is insurance haram? There is a lot of debate surrounding the topic of insurance in Islam. Some people believe that it is completely haram (forbidden), while others believe that it is permissible under certain circumstances. So, what is the truth? Read till the end for answers! A Closer Look What is Haram? There are many … Read more
Is working in real estate haram? Are you a Muslim who is considering a career in real estate? Are you worried about whether working in this industry goes against the principles of Islam? Well, fear not, my friend, because we’re about to explore whether working in real estate is Haram or not. What the Heck … Read more
Is working in insurance haram? There are a lot of people out there who are looking for guidance on whether or not working in insurance is haram. In this blog I seek to answer this question for you so I can clear any worries you may have regarding the topic. Make sure to read till … Read more
Is it haram to work in a bank? The long-standing debate about whether it is haram to work in a bank has resurfaced in recent years. With the global financial crisis and the ensuing recession, many people have lost their jobs or have been forced to take pay cuts. This has led some to question … Read more