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Answers with Tag: investment

Home Equity Loans

Please can you tell me if death benefit schemes are permissible in Shariah? These are typically schemes where you pay an annual amount, say £25 to an association, and if someone dies in the family, they then pay for all funeral costs. To me it seems to be simple straightforward insurance and therefore haram?

Forwarding Advice on Stock Market Investment

Investing in Mutual Funds

Buying Shares with the Intention of Capital Gain

Microfinance: Is it Islamically Permitted for a Financier to Demand a Fixed Return from the Borrower?

Islamic Althernatives for Mortgage

I would like to know if it is ok to invest in the stock market, or work as a stock broker

Ratio of Profit in Partnerships across the Madhhabs

There are two types of bonds: 1) Prize Bonds £1 buys you 1 bond. No interest is accumulated or paid. You are always able to redeem your bonds for cash – the same amount as you paid originally. Periodically, a number of ‘prizes’ are distributed and every bond has an equal chance of winning a prize. You may win much or nothing. But you cannot lose your investment. 2) “Bonds” in the traditional sense You can purchase, for example, government bonds whereby you invest £1000, on which the government will guarantee you a 4% annual return. There is no doubt that that number 2 is purely riba-based and hence haram as you have mentioned previously on your website. My question is whether number 1 is also haram?

Is the condition of guarantee provision of 1% base price per month as rent valid and is it permissible to make an agreement with such a condition?

Is an investment with only profit sharing permissible? How about investment with limited loss sharing?

“Islamic” Investment Banking, buying and selling.

I will be buying one currency on spot rate with my money (nothing from brokers) and wait for the right time to sell it off on a spot rate and that is the profit I make, is this Halal or not? (No interest element involved in it, in this transaction I can gain or lose).

Is it permissible to work as an IT technician for an Investment bank?