As the value of these metals rise over time, an investor will be able to make money without having to contend with interest, which is haram. Charging interest is not considered to be Sharia compliant as it is deemed to be an exploitative practice.

This goes against the prohibition of the use of money for the purpose of making money as it is exploitative of the poor who will be saddled with the ever-increasing debt. Each of these offers different risk-reward profiles, allowing for diversification, which is a cornerstone of intelligent investing. Unlike traditional currencies, cryptocurrencies like Bitcoin and Ethereum are decentralized and use blockchain technology.We have a rigorous onboarding process where we make sure the company is offering something sharia-compliant and is appropriately regulated and its core claims stack up.

According to most financial advisors, investors should try to hold anywhere between 25-75% of their investment portfolio in bonds as bonds are a great source of stable income. A lot of times, many investments violate one or more foundations of Halal / Shariah Compliant investing.Any business carries the dreaded possibility of a complete loss of the invested capital along with a further strain on your resources because of expensive lawsuits. It advocates for businesses that make positive societal contributions, whether through sustainable practices, uplifting the community, or the promotion of human rights. Avoid Interest (Riba): Earning money from money, such as charging interest, is considered haram (forbidden).