r/HalalInvestor

Title.

I have been holding this thing for 5 years. One of the worst performaning asset in my holdings.

Salam everybody, hope you are you in good health and sustenance.

This is kind of a rant but does anybody else feel like they are just watching from the sidelines the world get wealthy, move forward, etc. whilst we are avoiding haram?

Sometimes it really feels like the "holding on to coals" hadith, iykyk.

I don't invest in any US stocks due to my personal boycott, as much as possible, in a nation that has plundered the lands of our brothers and sisters around the world and many other horrible atrocities, too many to list here. The country I live in, has one of the worst economies in the G7, no growth, and even negative returns on some stocks.

I have been sitting on high 6figure savings that is eroding to inflation. I pay 40%+ tax on my income, zakat.

AlhamduLillah I make rent, eat well, and can buy anything I want.

However, I feel so defeated knowing that I could have invested in US stocks, or options trading, and turned that money to multiple millions. Please provide some assurance or knock some sense into me. Please don't suggest gold, I missed that train because I wanted to keep liquid money to buy a home, which also didn't work out.

As-salāmu ʿalaykum wa raḥmatu-llāhi wa barakātuh

What are halal alternatives to HYSA where usually nonmuslims store their emergency fund so it’s not losing value due to inflation.

Anyone have any suggestions?

JazakumAllahu Khairan

If you want truly halal investments, stop looking at ETFs.

Musharaka (profit-sharing partnership) is Shariah-compliant because:

✓ Both parties invest capital

✓ Both share profit AND loss

✓ No interest (no riba)

✓ No uncertainty (no gharar)

Why it beats ETFs:

- You know exactly where your capital goes

- Direct impact on real businesses

- Real returns tied to actual profit

- Complete transparency

This is how direct halal investing should work.

Thoughts? What else should halal investors consider?

Hi, I'm an 18-year-old student who invests long-term. I have SPUS and SPWO ETFs, and Irish and European funds have recently entered the market where I use them. Would it be better to sell these two and switch to these European funds, considering the taxes and management fees? From what I've seen, US ETFs seem to offer higher returns. What should I do?

Except for wshr , that has a lot of stocks.

Salaam everyone,

I’ve been working on something for about a year and wanted to share it in case it’s useful.

I kept seeing ads for AI trading bots and thought it sounded promising — but as a Muslim I had no way of knowing whether the coins being traded were Shariah-compliant. So I went looking for a bot that handled this. I couldn’t find one anywhere.

So I built it.

Here’s how the screening works:

• Every coin must have a verified whitepaper
• Cross-referenced against Zoya, Islamicly, and Mufti Faraz Adam’s published criteria
• Prohibited sectors are hardcoded (DeFi lending, stablecoins with riba mechanics, gambling tokens)
• Coins are assumed prohibited by default - they only enter the list if they pass all criteria (hoping to soon get a scholarly board to oversee this process to ensure compliance)

The bot runs on Binance or Coinbase, trades spot only (no leverage, no futures, no margin), and your funds never leave your exchange account.

It’s called SharifBot. Currently in early access — the Starter plan gives you full visibility of all live paper trades so you can evaluate the strategy before committing real funds.

The fully automated package will only launch once a mufti or scholarly board has formally reviewed and endorsed it.

Happy to answer any questions about the screening methodology or how it works technically. I know this community takes halal compliance seriously and I want to be transparent about the approach.

sharifbot.com

Salaam everyone.

Living in Canada as a 40 something year old. I don't make much money but investment in RRSPWHSR or WSHR whichever it is enough to not owe taxes.

My parents recently sold their home to go back to their birth country and they split the money between me and my 6 brothers and I'm about to receive 200K

Should I put all in my TFSA or max it (at the moment I have 0 TFSA since I live pay by pay) or is there a better option to go abouts this?

I have 0 knowledge of investment so looking for guidance long term that is halal.

Assalam Alaikum, please find below a diversified portfolio of over 30 global companies and niche ETFs inspired by the S&P 500 and FTSE All-World Index, built to mirror broad market exposure while staying halal and ethically aligned.

https://www.trading212.com/pies/l71pMiqDZhF2ZUOvPR6icg0lNxVr

Insha Allah it’ll be of benefit to all of us, please make dua for khair and barakah in it. Jazakh Allah Khair

Salaam,

Hope everyone is doing well. Is there any benefit to having SPTE in my portfolio with SPUS?

Salams! I was wondering if there are any etfs one could invest in that are both halal and bds safe. I really want to get into it but it seems the common "halal" etfs like SPUS and WSHR include companies that are complicit in the genocide.

Jazakallah!

As salaamu alaikum. I recently came across some information about how investing in gold and silver stocks can be trikcy in terms of religious laws. I am, therefore, looking to buy physical gold and silver here in Canada as an investment. Any brothers or sisters who are already doing it here are requested to assist as I am totally new to investment. I have the following questions:

1. Is there any trusted dealer that you suggest

2. When needed, is it easy to liquidate for cash?

3. Do you also opt for storage options which comes with additional cost?

JazakAllah khair

https://salaamgateway.com/reports/building-payment-rails-for-2-billion-people

I read a recent Salaam Gateway / DinarStandard / UMMAH report on payment infrastructure for Muslim markets. The numbers are pretty wild, but the bigger point is simple: the Muslim economy is already huge, and the rails underneath it are still underbuilt.

The global Muslim population passed 2 billion in 2023. Muslim consumer spending across key halal economy sectors was about $2.43T in 2023 and is projected to reach $3.36T by 2028. Islamic finance assets were around $4.93T in 2023 and are projected to reach $7.53T by 2030.

OIC economies also represent serious scale. The report estimates OIC GDP at about $9.2T in 2025, roughly 8.3% of global GDP. Intra-OIC merchandise exports reached about $491B in 2024.

So the demand is there. The trade flows are there. The population is there. The capital is there.

The problem is the plumbing.

Cross-border payments are still expensive, slow, and opaque across too many of the corridors Muslim communities rely on. According to the report, the global average cost to send $200 was 6.5% in Q1 2025, more than double the UN’s 3% target. 35% of P2P cross-border payments were delayed more than one business day in 2024. 43% of services hide fees upfront, meaning users often don’t know the final fee, FX rate, or status until the money lands.

That friction shows up everywhere.

A family sending money back home pays more than they should.

A Muslim freelancer in Indonesia getting paid by a U.S. client deals with FX uncertainty, local settlement delays, compliance holds, and limited visibility.

An SME trying to trade across OIC markets runs into legacy banking rails, correspondent bank fees, duplicated KYC checks, and settlement windows that still depend on business hours.

A zakat or sadaqah organization trying to move funds across borders has to deal with transparency, compliance, beneficiary verification, and disbursement issues.

The report frames the first three major use cases as:

1. Cross-border Islamic philanthropy, estimated at a $1.1B market
2. Remittances into OIC markets, estimated at a $215B market
3. Intra-OIC trade payments, estimated at a $494B market

That seems like the right order. Start with giving, where transparency matters and the use case is clear. Move into remittances, where frequency and household impact are massive. Then expand into SME trade, where better rails can directly support economic integration across Muslim markets.

The more interesting point is sovereignty.

From 2011 to 2022, correspondent banking relationships declined by about 30% globally. When fewer banks serve a corridor, costs rise, coverage gets weaker, and smaller payments become less attractive to support. Muslim markets are especially exposed here because so much cross-border activity still depends on external intermediaries.

That means whoever controls the rails controls a lot more than payments.

They control pricing power.

They control data.

They control access.

They control which businesses can operate smoothly and which ones get stuck with friction.

This is why I think “halal fintech” has to grow beyond stock screeners, robo-advisors, and consumer savings apps. Those products are useful, but they sit on top of someone else’s infrastructure.

The bigger opportunity is building the infrastructure layer itself.

Payments. Identity. KYC/KYB. Multi-currency accounts. Cards. Settlement. Merchant acquiring. APIs. Compliance. Eventually banking, investing, and private-market access.

That is how Stripe became Stripe. They started with accepting and moving money, then expanded into business formation, issuing, treasury, lending, tax, and embedded finance. The report basically argues for a similar path, but built around the needs of Muslim markets.

I think that is the more ambitious version of Islamic finance.

Less focus on repackaging existing financial products.

More focus on building the rails that let Muslim consumers, founders, SMEs, charities, freelancers, investors, and institutions move capital with less friction.

A 2B+ person market with trillions in spending should not be this dependent on fragmented external infrastructure.