Disclamer: This is a very broad and complex question, but I will try to answer it as briefly and clearly as possible. Please note that I am not a qualified Islamic scholar or financial advisor, and you should always consult them before making any investment decisions. H alal investment means investing in accordance with the principles of Islamic finance, which are derived from the Quran and the Sunnah (the teachings and practices of Prophet Muhammad, peace be upon him). These principles aim to promote social justice, ethics, and the welfare of the community. Some of the main principles are: The prohibition of riba (interest or usury): Riba is any increase or benefit that is stipulated or expected in exchange for a loan or debt. It is considered unjust and exploitative, as it transfers wealth from the poor to the rich without any risk-sharing or productive activity. Riba is clearly forbidden in the Quran and the Sunnah. For example, Allah says in the Quran: Those who consume interest ca...
Picked fragments from my mind: my restless quest to make sense of the world within and around.