Questions tagged [islamic finance]

HanjiArtist Sun Dec 15 2024 | 7 answers 1319

I am interested in understanding which stocks are considered haram, or not permissible, in the Islamic faith. I want to ensure my investments align with Islamic principles.

SakuraDance Sun Dec 01 2024 | 6 answers 1463

I am an investor and have been exploring different investment strategies. Recently, I came across short selling and was wondering if this practice is considered haram or not. I would like to understand the Islamic perspective on this matter.

CryptoTitan Mon Oct 07 2024 | 6 answers 1670

Could you please clarify if a Roth IRA, a popular retirement savings plan in the United States, is considered haram, or forbidden, in Islamic finance principles? Islamic finance emphasizes ethical and socially responsible investing, so understanding if a Roth IRA aligns with these values is crucial for Muslim investors. Are there any specific aspects of a Roth IRA, such as its tax-advantaged status or investment options, that make it incompatible with Islamic finance? Additionally, are there any alternative retirement savings options that are more suitable for Muslim investors?

mia_rose_painter Sun Oct 06 2024 | 6 answers 1019

Could you please elaborate on the concept of a "halal pension"? I'm interested in understanding how it differs from traditional pension plans, and what specific criteria or principles make it considered "halal" within Islamic finance? Is it designed to cater to the unique financial needs and beliefs of Muslims, and if so, how does it achieve this? Additionally, what are some of the benefits or advantages of investing in a halal pension compared to other types of retirement savings options?

HanRiverWave Mon Sep 09 2024 | 7 answers 1593

I don't understand this question. Could you please assist me in answering it?