Is Investing in companies having interest bearing debt permissible?

Is Investing in companies having interest bearing debt permissible? Islam prohibits all forms of interest in a financial transaction. There isn’t a doubt about the prohibition of interest in Islam whether taking or giving it. Then how come companies have been deemed Shariah compliant, when they are involved in raising debt which is interest bearing? […]

Shariah compliant status of stocks is Dynamic or static?

Shariah compliant status of stocks is Dynamic or static? Do companies change their Shariah compliance status often or their Shariah compliance status remains the same? A listed stock is classified as Shariah compliant if it passes the Shariah Screening Criteria. See here for detailed Shariah screening criteria: Shariah Screening Criteria As you can see there […]

Rules of Shariah compliant Equity Trading

Rules of Shariah Compliant Equity Trading Investing in Shariah compliant companies The easiest way for Muslims to invest their money in a halal manner is by investing in Shariah compliant equities of companies listed on local stock exchanges. Buying stocks of companies which are classified as Shariah compliant is permissible from an Islamic perspective. There […]

Shariah Compliant Stocks in France

Complete Guide on Finding Shariah Compliant Stocks in France Shariah Compliant Stocks in France France is one of the emerging countries embracing Shariah Compliant Products and HALAL Stocks. The country is in the race to becoming a hub of Shariah based products for Shariah sensitive Investors. France is one among those developed economies that shows […]

MODERNA Inc (MRNA – NASDAQ) :: The curious case of Shariah compliance of Biotechnology companies:: Treatment of non-operating interest income

MODERNA Inc (MRNA – NASDAQ) :: The curious case of Shariah compliance of Biotechnology companies :: Treatment of non-operating interest income Moderna Inc has been a rock star stock this week. The company’s script saw a meteoric rise after it announced that they have made significant progress in developing a potential vaccine for COVID-19. The […]

Can preference for Halal stocks change the state of the Halal finance Industry?

Can preference for Halal stocks change the state of the Halal finance Industry? The time that we live in, is dominated by a financial system that is ‘interest’ based. For an abiding Muslim, conducting a financial transaction which involves interest is forbidden. This makes the entire financial system unsuitable for Muslim participation. Don’t despair, there […]

Islamicly Research vs The Rest

Islamicly Research Vs the Rest In your quest for investing Islamicly, you might be at a place deciding which platform or app you should trust. To help you in your decision making, we present to you this article underpinning the importance of ‘research’ in assigning Shariah compliance status.This will give you a wider understanding of […]