Are halal investments allowed?

There are many different interpretations of what specific investments are allowed for halal investing. Still, certain investment practices are generally accepted by most observant Muslim investors. Paying and charging interest, such as the kind you'd pay on a debt or loan, is prohibited by Islamic law.

What is halal investing?

Halal investing is a religious form of investing that complies with Islamic law or Shariah. Islamic scholars help shape halal investing guidelines around topics such as interest, debt, risk and social responsibility.

Are USA & Canada Halal Investment Options available?

And many of our American and Canadian audience have been asking us to properly cover the USA & Canada halal investment options available to them. This an article for you guys. We have picked through the investment options, the tax issues, the alphabet soup of pension vehicles, and considered the Islamic aspects.