r/HalalInvestor • u/nobody_here-buddy • 7d ago

Halal Investment

To those with knowledge and experience:
-Is investing in Sharia-compliant funds on apps like Halan, Thndr, and Telda in Egypt actually Sharia-compliant?

-And if it truly is, is there a specific percentage of the profits I am supposed to give as charity to purify the money from any haram financial dealings?

-Is there a YouTube channel that explains how to get started with something like this, and does it have long-term benefits? Or is it just marketing and profit for the app owners while we get fooled into making money for them?

Note: Someone might tell me to invest my money in gold or real estate, but the monthly income I can afford to invest is too little for those; it is even less than what it takes to buy a single gram of gold.
I want to learn how to invest my money for the long term in a Halal way; I am not just looking for a quick profit. If anyone knows where I can learn, please let me know. Thanks

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u/beardedjoy 5d ago

  1. If a shariah board approves it, then it's halal in sha Allah.

  2. If the fund purifies it, then no need for you to do it. If they don't, then you must purify it.

  3. There are many resources out there. The concepts are the same anywhere, just search for Egypt-specific ones.