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What is halal investing?
While halal often refers to food, it can also describe which investments are allowed within the Islamic faith. Halal investing is a religious form of investing that complies with Islamic law or Shariah. Islamic scholars help shape halal investing guidelines around topics such as interest, debt, risk and social responsibility.Is investing a Shariah based investment?
Investing in highly risky investments is discouraged by Shariah. Short-selling and uncertain investments, such as options, may be prohibited depending on your interpretation. Because Islamic law prohibits gambling, any form of investing dependent on luck or uncertain events in the future is not allowed.How to become a Shariah-compliant/halal investor?
In order to become a successful Shariah-compliant/Halal investor, you need to dedicate some time to understanding its terms and nuances, and moreover search for Halal companies to invest in. Sukuk is an Islamic financial certificate similar to a bond in Western finance.- Terms & Agreement
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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