u/GrouchyCall7803

I don’t want to invest in conventional stocks for religious reasons. I know about AAOIFI screening and the acceptable ratios, but personally I still don’t feel comfortable with it and would rather avoid.

That said, I also know that just sitting on cash long term is also a horrible idea and won’t put me in a good position for retirement. I was thinking of building a portfolio like this:

40% Gold
40% Manzil Mortgage Fund
10% Silver
2% Platinum
1% Crypto
7% Debt-free stocks

I understand this would definitely underperform a halal ETF like HLAL or SPUS over the long term, but my goal isn’t to maximize wealth just not lose all of my purchasing power and have enough to live off of in retirement How risky would you say this is long term?

From what I understand, the Manzil Mortgage Fund offers relatively stable returns but with limited upside so hopefully that could balance out the volatility from gold and silver during the down periods. If I don’t need this money for another 20–30 years until retirement, would this portfolio be okay long term?

Isn’t this still better than just holding cash and letting inflation eat away at it?

Anyone here invested in Manzils fund? I want to get involved but needed some guidance.

1. What are the community’s general thoughts on this? From my understanding it’s relatively safe pretty similar to a bond- almost guaranteed return but low upside

2. Has anyone who has invested had difficulty withdrawing money? I heard it can take up to a year?

3. Where do I go to invest in this. I made a Manzil account but don’t see an option to search and buy the fund.

4. As someone who wants to avoid conventional stocks all together, is this a good option for me to park like 20%-30% of my long term savings for retirement.

Looking for zero debt companies to invest in. I’ve found a lot of mining companies have no debt like FNV, but looking for other sectors as well. Maybe 1-3% debt I could tolerate but ideally zero.

I know there’s debate on if Gold ETFs halal but this is an ETR backed by the Royal Mint, fully redeemable, direct legal ownership in gold. This would have no grey area correct? Completely halal? Also is it a bad idea if I holy 25%-50% of my portfolio in this. I understand I am limiting growth, but I don’t care about limited growth I just want to avoid Haraam and grey area and not sacrifice my jannah for a few extra dollars while also having my money not getting eaten up by inflation sitting in a bank account.

EDIT: also was looking into Kilo