r/HalalInvestor

Title

Hi,

I have been using Webull Canada for almost 2 months now and so far not a good experience.

1. I trade small caps and most of them are restricted from trading just because they are risky I think this is something for traders to decide if it's risky or not

2. Cannot setup hotkeys like Webull US where they have option to buy in % of their account value.

3. No Stop loss option in pre-post trading hours

Are there any Sharia complaint all world high dividend yield fund ?? I have 15 stocks in the portfolio as I am trying to get dividend monthly but feel it’s a lot to manage and the ETFs I see all have weapon or tobacco companies I use the trading 212 app

https://reddit.com/link/1umzsqy/video/gb57ohzz75bh1/player

There is no such thing as 'classic scholar' opinion on fiat interests, it's anachronistic. Fiat is an experiment of the 70s. The opinion that all fiat interests are riba was literally issued in 1985, by a committee (OIC) formed 4 years before that. There is a massive amount of literature that disagree with that opinion (Farzul Rahman, Abdullah Saeed, Muhammad Khalid Masur, etc), and believe it is the trade exploitation that is riba. Fiat money is a new and complex object, it is expected that people with various backgrounds have various opinions. Islamic finance is just one of the many reactions to that invention. Do not expect it to be static, do not be dogmatic, be more opened to the differences that exist on this. They are legitimate and well documented.

25M, UAE-based, investing for early 50s retirement via monthly DCA

Looking for honest critique on the SMH concentration risk, whether the glide path makes sense, and if there's a stronger halal-compliant alternative to SPUS.

Considering the above. Been recommended by a few close friends.

Any insights from people who’ve used them? How in line are their returns with projections?

Or better or just going ETF via ISA. Because my ETFs have been stagnant tbh

Assalamu Alakykum, I'm an international student living in Canada thinking about investing every now and then when I can. This is my first time opening an investing account, I currently have $100 in a halal TFSA account, and its showing me that by age 65 I will have around $470, which is crazy. I put the risk as level 1. I read on someone else's post not to invest in gold through wealthsimple, but buy actual gold yourself, so I'm really not sure what else to invest in that would be halal.

For context, I'm currently unemployed so I have a lot of expenses and I cannot add too much money right now. I will be graduating by next year, so I hope to get some good returns by that time then, inshallah.

I want to learn more about halal investing, but there's barely any resources I see for using wealthsimple. I'd like some advice on what I should be investing in right now, I don't plan on withdrawing money unless for unforseen circumstances like an emergency, etc. Thank you, I'd really appreciate if you could educate me more if you have the time.

https://preview.redd.it/g2034vwobxah1.png?width=828&format=png&auto=webp&s=ab1124e22ae85784c68651fac26c6e6b281b7f9e

Salam, I was investing in ETF like SPUS, SPWO, MNZL, but as I go through their holdings, they have many companies rhat are either listed as Not Halal by various screeners, or they have companies like MSFT, APPL who just dont resonate to the ethics of a muslim.

Im thinking of instead investing in 15-20 individual stocks that are both halal and also ethical from a Islamic POV. Can you help me with some names? My goal is long-term gains so I invest in small amounts and happy to let it sit

New month, new picks. Here's what the screen generated for July:

DD — DuPont de Nemours, AMAT — Applied Materials, MRVL — Marvell Technology, GLW — Corning, LRCX — Lam Research

Complete roster change this month. All five are new — heavy tilt toward semiconductors and advanced materials.

Last month's picks (MU, SMCI, CRWD, FTNT, NTAP) returned -2.6%. SMCI was the big drag at -36%, while MU (+18.9%) and FTNT (+11.3%) held up well. Can't win them all — for context here's last month's picks posted here: [June picks post]

Looking at the last quarter (Apr–Jun), the strategy returned +38.2% — April was -3.9%, May was +47.6%, June was -2.6%. One bad month doesn't erase the bigger picture, but past returns don't represent future results. I post every month so the full track record is visible over time, good months and bad.

Anyone else holding any of these? If not, probably a good time to research and review.

For 4 years, I was a tour guide in Dubai. Desert safaris, city tours, dhow cruises. I was the guy in the van at 7am, the guy travellers tipped, the guy operators called when things went wrong. I saw how this industry actually works from the ground. And honestly? It's broken. The operator loses 30-50% to concierges and middlemen. The traveller pays more and gets less. Everything runs on WhatsApp, cash, and handshakes. In a $330 billion industry across the Middle East and Asia, 70% is still offline. So I'm building the thing I wish existed when I was guiding.

Where I Actually Am (No Fluff):

· UK company registered. Stripe and bank account live.

· Website under development. App planned for later.

· 4 years guiding in Dubai. I know the operators, DMCs, concierge networks, and seasonal rhythms personally.

· Conversations with operators in UAE and China. Interest is real. Nothing signed yet.

· Pre-revenue. Pre-launch.

The Ask (Planning):

· $400K pre-seed for 10% equity (SAFE, $4M cap).

My Real Questions to You:

1. Would you back a former guide who knows the problem from the inside, even without traction yet?
2. What would you need to see from someone like me to write a cheque?
3. Is a $4M cap reasonable, or am I too early for that?

Assalamu alaykum!

https://preview.redd.it/x56ze0fb9iah1.png?width=1861&format=png&auto=webp&s=dc787722d1e188dca91d10e76c1b8b51f37d0d00

I have been working on a fintech product for quite a while now and wanted some feedback. I am the founder of rizqontrading.com (@rizqon.terminal on instagram). We've created a shariah-compliant take on a data terminal (think Bloomberg style) with many features including:

- Live Data (tick-by-tick for selected markets)
- Advanced charting (drawing, indicators etc)
- Multi Market Scanner (we have over 50+ markets including Saudi, US, Malaysia etc)
- Shariah compliant screener with breakdown of each screening criteria (we use 5 at the moment)
- Live news feed
- Daily gappers, winners/losers lists
- Fundamental and analysis data (insider transactions,
- Live zakat calculator (live gold and silver prices so nisaab changes in dollar amount)
- Honestly, a lot more.

These features tell you what is and what isnt compliant in accordance with the 5 standards (AAOIFI, FTSE, DJIM, S&P, and MSCI) at every step of the way

I'm interested in knowing what else people would like to add to this terminal before release. It is going live in 5 days (Monday next week Insha'Allah). It's a big step for traders and people more active in the markets. For so long we have had to rely on multiple apps (4+ in my case) just to find, research and confirm the halalness of any given trade. With Rizqon terminal, we have everything in one place, ready to go.

If anyone is interested in getting access to it, please DM me or get access next monday by putting in your details on the website (rizqontrading.com)

Looking forward to hearing your feedback,
Deceae

Are there any Irish domiciled Halal ETFs which mirror SPWO?
What I mean is something that would cover Developed and Emerging markets but exclude the US.
Bonus requirement: it should not be owned by Blackrock

As the title says. Im battling in my head if I could invest or not.

Assalāmu ’alaykum wa raḥmatullāh,

A short message to my brothers and sisters; Any Shariah-compliant ETF that chooses to include SPCX—or, in the future, OpenAI if it becomes publicly investable—no matter how small the allocation, should be boycotted. Period.

**I know that founders of Shariah screening services, as well as staff associated with some of these ETFs, are present in this subreddit.**

For the sake of Allah (ﷻ), please do not reward those who openly enable or profit from oppression with our hard-earned money. We have a responsibility to be conscious of where our wealth is invested.

Yes, I am aware that some of these ETFs already have existing concerns and imperfections. But that is not a reason to accept further deterioration or remain silent as the situation becomes even worse.

May Allah (ﷻ) guide us to what pleases Him and grant us the ability to earn and invest our wealth in a manner that is truly pleasing to Him.

Based PURELY on fundamentals. So no high P/E ratios.

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?

Salaam Dhow Family.

We’ll keep this short and sweet.

Our team fought hard to get $10,000 minimums. In fact, we were advised against it by many in the industry.

But our mission is to get our community off the sidelines and into the private markets.

The reality is we are regulatory constrained in the number of $10,000 spots we can offer (shoutout to the SEC). And those spots have filled fast, even faster than we expected. For that, we are grateful to our community, to our supporters.
We have allocation in two great companies secured, with many more in the pipeline.

Complete your non-binding commitment here, and our team will reach out to help you secure your spot: https://lnkd.in/eCnqDhvB

Once you do so, we are happy to hop on a call. We will continue raising for Dhow Horizon Fund I, but those $10,000 spots will be gone.

Jazakallah, and we look forward to building a new future for our people together.

Been reading a lot about Sukuk. Already have S&S ISA. My understanding is it’s the halal equivalent to a bond? Should I put my normal savings here instead of just savings account? And any recommendations on providers etc

Keen to hear what people do. After ISA, just leave most of savings in here? Still got like 10k emergency fund after this to keep in bank