Investment

To invest is to allocate money in the expectation of some benefit in the future. In finance, the benefit from an investment is called a return. The return may consist of a gain (or loss) realised from the sale of property or an investment, unrealised capital appreciation (or depreciation), or investment income such as dividends, interest, rental income etc., or a combination of capital gain and income.

200574

Forex . Gold . Investment . Ownership . Sunni-Shi'a . Fiqh (Jurisprudence)

Is Forex Spot and Gold CFD trading, with no physical ownership or delivery, allowed in Shia Fiqh such as through a non-Muslim broker like Exness?

Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 2 months ago

Physical possession is must in selling according to Shariah. Forex Spot and CFD trading do not have possession so it is not a proper selling and buying according to Shariah, but it looks like commitment to buy or sell based on studying the market. Such commitment is permissible despite it is not a sale transaction in Shariah, nor gambling but just commitment to buy or sell under certain conditions after studying the market's movement.

Wassalam.

207033

Cryptocurrency . Interest . Investment

Is perpetual leverage trading in cryptocurrency permissible if the exchange doesn't charge interest and if we invest based on accurate chart analysis?

Cryptocurrency dealings are allowed according to some Maraaji’ like Ayatullah Zanjani who put two conditions: it should be according to the law of the country and should not harm anyone. There are different opinions in this matter. If you follow the verdict of the Marji’ who allows cryptocurrency dealings, there is no harm in leverage trading as far as it does not contain usury (RIBA).

Wassalam.

206296

Interest . Investment

Is it permissible to invest in companies that earn interest from non-Muslims, given that some hold cash in non-Muslim banks or interest-bearing investments? If their main business is Halal, is purification of earnings from these investments required?

Investing in any company which has lawful activities and lawful income is allowed. Getting some interest from non Muslim banks is allowed according to many leading scholars as far as it was not under demand of RIBA (Usury).

Wassalam.

205187

Weapon . Investment

Is investing in the weapon industry by buying shares of a company allowed? And is it allowed to invest in companies that have some, but not major, involvement with the military and defense sector?

It is not allowed to invest in any company which is involved in military or weapons supporting oppressors or any wrong act. If the company has any involvement in supporting wrong doers, it is becomes forbidden to invest in such company.

Wassalam.

199762

Employment . Investment . Bank

Is it permissible to pursue a career in finance, particularly in Investment Banking or Venture Capital?

Studying any financial knowledge is permissible provided you don't indulge yourself in any unlawful deal like usury (RIBA).

Wassalam.

197981

Investment . Futures trading

Is it allowed to trade futures contracts on indexes such as Nasdaq 100 or S&P 500, as well as commodities like copper, silver, or gold?

Yes it is permissible to trade in indexes as well as commodities as far as there no unlawful business is involved.

Wassalam.

198186

Khums . Investment

I have invested in multiple funds and I can see the progress of my investments on the trading platform. But at that point, this is not really money in my hands, it is just the perceived gain or loss. How do I pay Khums on any such unrealized gain?

You need to take the value of your investment on the date of your Khums as your ownership.

Wassalam.

197362

Investment . Gold . Khums

Is investing in gold Exchange-Traded Funds (ETFs) allowed? Additionally, how should Khums be calculated on this investment, especially considering asset value fluctuations that could lead to an unrealized profit or loss in subsequent years?

Investing in gold exchange is permissible if it does not involve any type of unlawful transaction like usury etc. Khums's must be calculated according to the price on the day of your date of Khums.
'Wassalam.

196499

Stock . Halal . Haram . Interest . Income . Investment

Is it permissible to invest in a company that primarily engages in Halal activities but has minor Haram elements, such as receiving interest income?

If the income of the company is a mixture between lawful and unlawful, then we must avoid investing in such company. Receiving interest from non Muslim banks is not considered unlawful according to many Muslim scholars.

Wassalam.

193091

Money . Investment

Is it permissible to invest in shares of Muslim or non-Muslim companies that issue bonds for fundraising?

If the company is involved in un Islamic (Haraam) activities, it will be not permissible to invest in shares of such company no matter who are the owners, but if the company is dealing with permissible business, then it will be allowed to invest in it.

Wassalam.

113467

Investment . Cryptocurrency . Gambling

Is it permissible to invest in cryptocurrencies? How can one distinguish between gambling on a trade and making a legitimate investment?

According to leading scholars like Marje’ Taqleed Sayyed Musa Zanjani in Qum, dealing with crypto is allowed provided it does not break the rules and does harm anyone. Gambling is completely different from trading. Trading has factors of the market while gambling has no factor but merely the chance, that is gambling is not allowed while trading is allowed.

Wassalam.

187212

Investment

Is it allowed to willingly accept a fixed profit offered on investment by a non-Muslim company?

According to many Muslim scholars, it is permissible for a Muslim to receive fixed profit offered on investment by a non Muslim according to their laws.

Wassalam.