However, if you trade with a proper strategy and system, like a professional, and use an Islamic swap free trading account then it is considered to be halal, as there are no overnight interest charges. Of course a note of caution here – gold prices may not necessarily continue rising as steeply. But in that case you still hold a very safe asset that is not going to lose all its value overnight.

Unilever is a British company founded in 1873 that focuses on consumer goods. They own recognised brands such as Ben & Jerry’s, Wall’s, Comfort, Dove, Cif and many others. The company now counts Asia as its largest market, surpassing the US and Europe over the past few years. Investing in gold and other metals is a traditional way to invest in a manner that is Shariah-compliant. Investing into gold is a halal investment of course, but there are a number of routes into investing in gold – some of which are not halal.

Qardus

Finally, TAM asset management provides a TAM sharia service for would-be investors that includes a range of Islamic investment portfolios designed to increase wealth in a Sharia-complaint manner. No interest is charged on contracts lasting more than 24 hours allowing for zero rollover interest.

Sponsored ad. 74% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. 5. Gold Now let’s take a closer look at the individual markets listed above and why they are considered to be Shariah-compliant. 1. Apple Sponsored ad. 74% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. 4. Rio Tinto The allure of startup investing is that you get access to a high-risk high-reward investment and can avail of very healthy tax breaks. There have been a spate of new entrants into the UK halal investment market, and the halal investment options in the USA and globally have significantly increased as well.

Given the recent surge in gold prices over the last few years, an investment in gold can prove lucrative, and if the same trend continued on, then you are looking at an annualised return of around 9% (that is having taken off Minted’s fees). There is also a large range of education and research tools available which cover core trading topics in an article and video format.

Sponsored ad. 74% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. 2. Microsoft Until recently there were hardly any investment companies that offered Halal services in the way that non-Halal investing is served with online investment platforms and robo-advisers. All the portfolios are well diversified and managed according to statutory requirements, as well as not accumulating interest.Foreign exchange investing is a popular way to find halal investment ideas as many brokers now offer Islamic swap-free accounts which have no overnight interest fees. Gold is one of the oldest forms of investment. There are a variety of ways to capitalise on the rise of the price of gold or to hold as a safety net in difficult times. Not all ways of buying gold are Shariah-compliant. Rio Tinto is the world’s second-largest metals and mining company. It produces much of the world’s iron ore, copper, gold, uranium and diamonds. The company was founded in 1873 and its activities of processing natural resources are considered to be Shariah-compliant. Sponsored ad. 74% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. 2. AvaTrade Qardus is a just-launched sharia-compliant lender to small and medium-sized enterprises to help with their cashflow needs.

The kinds of businesses Qardus go for are well-established, strong-revenue companies, typically in stable markets such as the medical or pharmaceutical industry.We are pleased to see that there are now a range of halal investment options emerging globally enabling the Muslim investor to really build out a diversified portfolio for the first time. Halal investments are investments that are made in accordance with the principles of Shariah Law. These Islamic principles are based on the idea of using your finances for ethical investing to benefit the Muslim community and society.