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The Guide to Halal Investing for Beginners in Singapore
By Planner Bee  •  January 18, 2024
In recent years, the global financial landscape has seen a growing interest in ethical and Sharia-compliant investment options. Singapore, as a prominent financial hub, has witnessed a surge in demand for Halal investments. Halal investing adheres to Islamic principles, ensuring that investments are ethically sound and in compliance with Islamic law. In this guide, we provide a comprehensive overview of Halal investing in Singapore, offering insights into the principles, options, and considerations for Muslim investors. What is Halal investing? Halal investing is rooted in Islamic finance principles. It prohibits investments in businesses involved in activities such as gambling, alcohol, pork, and interest-bearing transactions (Riba). Additionally, investments in companies with excessive debt levels are discouraged. The primary goal of Halal investing is to generate returns while adhering to the ethical guidelines according to Islamic law. How is Halal investing different from mainstream investing?...
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By Planner Bee
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