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Tag Archives: investment
Zakat al-Mal on 401K or IRA?
Does one pay Zakat al-Mal on the money invested in a retirement 401K or IRA? Continue reading
Posted in Zakat & Sadaqah
Tagged 401k, access to money, debt, investment, loan, nisab, retirement plan, savings, wealth, zakat, Zakat al-Mal, zakatable savings
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Endowment Policies
My father invested in endowment policies. On two of the policies, both my mother and father where policy holders and both of their lives were insured on them. And on one of them, they both were policy holders but only my fathers’ life was insured on it… Continue reading
Posted in Halal & Haram
Tagged endowment, investment, New York Stock Exchange, stock market, stocks
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Investment in Endowment Plan
A member of an insurance company is trying to convince me for getting an endowment / Life saving plan. According to the plan, I’ll be required to pay a fixed installment every year, for next 20 years… Continue reading
Legality of Investment in Western Banks
Please clarify if one can invest in western banks such as Santander, Barclays etc?[fr]Please clarify if one can invest in western banks such as Santander, Barclays etc?[/fr] Continue reading
Posted in Halal & Haram
Tagged interest-based bank, investment, riba, riba-based transactions, usury
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Need advice
We need your advice. We want to buy a house, but not sure if that house is good for… Continue reading
Treasury bills
Q: Please, is it permissible to deal in treasury bills? Continue reading
Posted in Halal & Haram
Tagged interest, investment, riba, t-bill, treasury bill
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About investment in share market
Q: According to islam are muslim allowed in share market? And what are the guideline? Continue reading
Posted in Halal & Haram
Tagged alcohol, forbidden, halal, investment, pork, shares, stock market
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Investing in Stocks
Q: What are your opinion about the business of shares (stock exchange)…?
A: It is preferable to invest in gold but interest-free bank accounts may be used. Continue reading
Posted in Halal & Haram
Tagged gold, interest, investment, riba, shares, stocks
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