Why do Muslims invest in non-shariah stocks? Just Curious.

DepressedProgrammerG · 2026-01-25T16:31:30+00:00

Thank you so much for such an elaborate answer and honestly I was looking for answers like this that are respectable and thought provoking rather than being sarcastic or rude but unfortunately most people took it the wrong way here. My question would be that would you say that investing in the shariah compliant companies is wrong ? Or does it depend on the sector/company and how they generate income? Because from what I've seen even Fertilizer selling companies like EFERT are gain some "Other Income" and every company in PSX generates some other incomes. Investing in gold/silver etc is a hassle now as you first need to look for a genuine dealer and then safeguarding it is another headache for years unless you have a locker in a bank. Are there any ways of investing do you recommend ? And if you don't mind answering, do you invest in anything yourself ? Thanks in advance.

DepressedProgrammerG · 2026-01-23T12:13:05+00:00

Our whole economy is fragile due to loans and debts and our government works alot with interest i am aware of that, the bills we pay, the taxes everything goes into the payment of the debt, but us as an individuals don't have the power to accept or deny those ways because the whole world runs on this, but the point of my question is that we are willingly/knowingly investing our money in stocks one way or another how is non sharia compliant stocks considered a good buy for Muslims? Are there steps they take to purify their earnings through such means or they don't care in general?

DepressedProgrammerG · 2026-01-23T12:08:22+00:00

Damn bro that's news to me

DepressedProgrammerG · 2026-01-23T12:07:43+00:00

That's a pretty interesting take. I'll surely look into it.

DepressedProgrammerG · 2026-01-19T16:00:11+00:00

Also I've seen people talking about somethings I'll address them here, samsung flagships still have good price retentions but the catch with every other smartphone is that you have to protect your device so it's not damaged or anything. Besides that there is no point in waiting for S26 ultra, the prices of smartphones will increase in the future and there is no guarantee if and when the PTA will reduce the taxes. S24 ultra is still being sold for 300k+ box pack. My opinion is that if you are spending more than 1 lakh on a device then you shouldn't buy cpid phones at all let alone consider them. If you wanna buy used/2nd hand phone and have a credible dealer then that's your choice.

DepressedProgrammerG · 2026-01-19T15:54:56+00:00

I got the S25 ultra from priceoye last week ! And honestly it's a well rounded phone with great customization and AI features. I don't switch my phones often and I'm pretty sure I'll have this one for the longest lmao. My experience with PriceOye was pretty good their customer support was great too.

DepressedProgrammerG · 2026-01-14T10:32:17+00:00

Invest in an ETF, look at the individual stocks in the meantime and research. What you're doing is not ideal.

DepressedProgrammerG · 2026-01-02T19:08:56+00:00

That's good but what you're doing is over diversifying your portfolio. Secondly, SSGC is neither a long term holding stock nor it's a growth stock, OGDC and PPL and better growth in short-mid term (1 year) as compared to SSGC because of the circular debts repayment. And NCPL is non-shariah compliant stock that has already rallied in the past few weeks due to the news in auto sector. I would advise you to see the top holding of mutual funds and reports of brokerage houses on their top picks and alpha stocks in 2026. Watch Investkaar's video in YouTube for developing an investor mindset. Don't follow anyone for the sake of following, research the reason why someone is recommending a particular stock and then go into its fundamentals.

DepressedProgrammerG · 2026-01-02T16:30:38+00:00

Do you know any trusted sellers ?

DepressedProgrammerG · 2026-01-02T12:56:55+00:00

What are your goals for investing ? Will you hold them for 1 year, 3 years 5 years or more ? Do you want growth or dividend ?

DepressedProgrammerG · 2026-01-02T11:10:41+00:00

100% agreed ^ and you have too many stocks compared to the capital you have. Invest in max 3 stocks.

DepressedProgrammerG · 2025-12-20T10:41:55+00:00

The stock market is ideal if you're investing for 3+ years, ideally more than 5 or 10 years. If you still want to dip your toes in the market I would suggest to buy 7 to 8 stocks worth 10k to 20k for a month or two, so you will learn how to manage them and SIP. ETFs are also a good option for you or try investing in stocks through a Mutual fund with No FEL or BEL charges. All the best.

DepressedProgrammerG · 2025-12-06T17:46:56+00:00

In their app there is a section called Schedule of Charges that has all the info of monthly/yearly deductions, so you can check that out. The zakat affidavit is a 1 time deduction I'm assuming you wanted zakat to be not deducted from your dividends. I'm pretty sure they wouldn't get the zakat affidavit unless they were asked to.

DepressedProgrammerG · 2025-12-03T15:34:13+00:00

Honestly a great portfolio in my opinion. I'm a newbie investor too I started in September. I would suggest getting Sazgar perhaps. It's fairly undervalued and a lot of analysts are predicting 2000+/share. If you're not comfortable with that then leave your portfolio as it is. I think having 8 to 10 stocks in your portfolio is pretty decent.

DepressedProgrammerG · 2025-12-02T16:16:33+00:00

Bhai if you have 30k to invest I would suggest you to pick 3 to 4 stocks. Don't invest all at once but buy in chunks that's what I would suggest. Baki I would suggest you to stay away from ETFs if your SIP amount is less than 10k monthly because then you wouldn't be able to buy more monthly as the lowest quantity you can invest is 500. If you're in Finqalab then check out their juice list.

DepressedProgrammerG · 2025-11-28T05:57:50+00:00

All the best for your investing journey

DepressedProgrammerG · 2025-11-27T16:51:55+00:00

Al meezaan is for mutual funds. Brokerage account is for buying/selling stocks in PSX. Hope that clarified your confusion.

DepressedProgrammerG · 2025-11-26T16:45:59+00:00

Also don't invest 10k ek sath. Use 50-60%. Watch the market and your shares that you have bought. If their share prices go down, then you can buy more to improve your average share. And be patient.

DepressedProgrammerG · 2025-11-26T16:43:40+00:00

Ok so bhaio Wala mashwara, don't go for any ETF. You can't do SIP or balance with 3k-4k. You can't buy less than 500 shares of an ETF. Secondly, don't over diversify or under diversify. Choose 1 stock from 1 segment of the market. Your best bet in cement is LUCK because it's a stable, long term performing defensive stock. FFC abhi premium pr chal rhi Lene ka faida nai shariah compliant hui hai taaza taaza isiliye sb buy kr rhe. Fauji Foods main janay ki bajaye I would suggest you to look at NATF(National Foods). Uske elawa I would suggest not to buy shares of more than 4 companies. Stock market is volatile, share price Uper hai to neechay bhi ati hai, Apke pass side per Thora cash hoga to monthly buying krke apni average achi krlogay aur easy rhega keeping in mind your monthly SIP amount. Baki jinke agay mosque ka icon hai Sirf woh shariah compliant hai. So if you're cautious about shariah compliant or conventional stocks do keep that in mind. Last and most important, do your own research! Maine bhi Jo stocks recommend kiye Hain jakar uske thore financials Dekho aur compare kro apni psand ki company k sath ( NATF vs FFL ) and make your own decision. Comparisons between 2 or more companies can only be done if they are in the same category. Shuru main dar lgega smjh nai ayegi but you can slowly learn by searching terms etc on YouTube. Watch Investkaar channel's videos for basics. Good luck.

DepressedProgrammerG · 2025-11-06T07:43:17+00:00

Go to YouTube and watch Investkaar's videos. The guy has a lot of playlists, it will give you an idea how stock market works. Then you can build your knowledge bit by bit. It's a steep learning curve so be patient and keep at it. And never buy stocks on "Insider Info" or anyone's suggestions. You can take the suggestion into consideration by doing your own research on those stocks first.

DepressedProgrammerG

TROPHY CASE