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Found 3 results

  1. Salam Everyone While this has been asked before, atleast partially, I still think the issue remains hazy.. So here goes (these are all related questions, I just put them all here so that we have a discussion framework) 1) Is stock investment allowed? (Not rampant trading where speculation rules, but sober investment in shares for the sake of dividends as a side income, with only occasional trading) 2) If investing in certain companies is not allowed (e.g. those partaking in alcohol/gambling/ etc) then does this automatically rule out Index Funds, since they can basically invest anywhere? (maybe they dont, I am not sure, but thats how I understand they work- by diversifying the investment to minimize risk) 3) What about bonds? Some say they are better because they don't have the speculative part; others say they are worse because they are interest-based 4) What about cryptocurrency? I feel its problematic since its highly speculative (one Musk tweet and it plummets :p) Also, is there any book which details all of these issues and also recommends the best mode for investing Islamically? (Maybe on al-islam.org for example) Thank you all
  2. Salaams all, Appreciate any help from anyone who knows about this topic. Please answer very carefully because my future may depend on your answer. I lost my job and in the process of being offered anther but just found out that it involves making reports (analysing data from databases) of bonds. I neither deal with them directly, sell them nor buy them. Just create reports for companies that already have them. Is this allowed ? The countries are all non-muslim as far as I know. The company deals with many non-muslim companies and one bank (Muskat bank) that is from Oman. Many thanks. (I follow Agha Sistani)
  3. is money gain from prize bond halal ?
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