Halal Investing for Beginners How to Start, Grow and Scale Your Halal Investment Portfolio

by Khan, Ibrahim; Patel, Mohsin

• ISBN13: 9781394178049
• ISBN10: 1394178042
• Edition: 1st
• Format: Hardcover
• Copyright: 2023-05-22
• Publisher: Wiley

Summary

An intuitive and eye-opening guide to halal investing

In Halal Investing for Beginners: How to Start, Grow and Scale Your Halal Investment Portfolio, a team of Oxford-educated Islamic finance gurus deliver a one-of-a-kind investing roadmap for Muslims who want to watch their savings grow while abiding by Islamic law. You’ll learn to distinguish between halal and haram investment products, get key strategies for saving on your taxes, learn to build a variety of portfolios, and more.

In the book, the authors introduce and explain the wide variety of investment products available to investors who wish to restrict their financial activity to that which is consistent with Shariah law, including asset categories like equities, gold, art, start-ups, and even property. You’ll also find:

• Advice for every stage of life, including how to go halal for the first time, how to write an Islamic will, and how to build a halal pension
• Portfolio construction guidance for every risk tolerance, from high-growth to low risk
• Explanations of the important difference between “ethical” and “ESG” investment products and halal investments

An essential resource for Muslims who seek to invest while remaining true to their faith and values, Halal Investing for Beginners is the intuitive and easy-to-follow investment tutorial that everyday Muslims have been waiting for.

Author Biography

Ibrahim Khan is a co-founder of Islamic Finance Guru, a UK-based Islamic investment platform. He read PPE at Oxford before going into corporate law. He holds an Alim degree as well as an MA in Islamic Banking from the University of Gloucestershire. He loves venture investing.

Mohsin Patel is a co-founder of Islamic Finance Guru. He is an Oxford graduate, a former corporate lawyer and a Forbes 30 Under 30 alumnus. He is an active investor across multiple asset classes and has established several family businesses.

Table of Contents

Foreword

Preface

Acknowledgments

About the Authors

Introduction

Part 1: The Basics

Personal Finance Essentials

Breaking Even

Islamic Wills

Pensions

Rainy Day Fund

Going Halal for the First Time & Purification of Wealth

Part 2: Investment Strategy

Your Investment Mindset

Building the Blocks

How to do Basic Due Diligence into an Investment Company

Tax Saving Strategies

Weighing up Risk and Reward

Part 3: Investment and Sharia Considerations for Popular Investment Categories

Stocks

a.            Pension Funds

b.            ETFs

c.             Individual Stocks

d.            Commodity ETFs

Fixed Income

e.            Property

f.             SME Financing

g.            Savings Accounts

h.            Property Financing

i.              Sukuk

Alternative Assets

j.             Crypto

k.            Startups

l.              Private equity

m.           Gold/Silver

n.            A Note on Others Assets

o.            How Halal Should You Go?

p.            Overarching Impact Considerations

Part 4: How to Construct a Robust Portfolio

Portfolio Theory

Case Study: Conservative

Case Study: Moderate

Case Study Aggressive

Parting Thoughts

Continuing your Education

Helpful Resources

References

Index