Since Muslim investors are not allowed to invest in stocks of companies involved in haram products, going through their business model first would help you rule out non-compliance. Run a fact check about their practices and see if the products they manufacture and sell are ethical and halal. You need to check whether you are about to invest in stocks that follow Islamic principles or not. Here are a few things you can do to check and choose halal stocks: Assess The Business Model To make things even easier, we have also created a list of shariah screening apps and the 11 best halal stocks you can consider investing in. Here, we have compiled an easy guide to finding halal stocks and other info that might aid you. This is where our article on halal investing in Singapore will help you out. Understanding investments can be pretty complex when you are starting new.īut as a Muslim investor, figuring out what types of investments are allowed and prohibited for you can seem like a more complex and daunting process.
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