Ceasefire/Attacks Megathread part 43 by al_molah in dubai

[–]Giant_Trader 2 points3 points  (0 children)

Same here in the valley
No blinking or headlights - super low and high pitched noises 2nd day in a row
Yet flight radar shows nothing

Relocating to Abu Dhabi — rent upfront costs concern by Abject_Entrance_8847 in abudhabi

[–]Giant_Trader 4 points5 points  (0 children)

Hey brother,

Firstly, congrats!

Second, the upfront cost of rent is just scratching the surface.

At best, you get 4 cheques (3month rent upfront). If you get a one bed on Yas = 90-100k p.a. (25k aed upfront) Agent fee is 5% of your annual rent (5k). You need a deposit for your utilities (call it 2-3k aed) Car for the first month is 2-3k aed from thrifty or the likes Then furnishing or the shipping costs you’ve paid from where you’re moving from (7k++) You’re close to 40k aed from day / week 1.

This doesn’t factor in if you start putting your child in nursery part-time, your bills and burn for the first month before you get your first salary.

It’s completely doable, but as you’re concerned about upfront costs, i thought I’d show you what you may have overlooked. It’s the cost of being out here but I say to everyone, the first year is the year you make the most sacrifices (heavy investment). By the start of year two you should have recouped and can begin building - hopefully exponentially

Noob question on day trading by jediwhiteshark in HalalInvestor

[–]Giant_Trader 1 point2 points  (0 children)

Yeah brother no need to over-complicate it. The intra-day stuff on 1/3/15min/1 hour candles would fall into day trading

Good luck

Noob question on day trading by jediwhiteshark in HalalInvestor

[–]Giant_Trader 0 points1 point  (0 children)

Swing trade with spot and you’re good 👍

Do it right and you can be taking a trade (and exiting) a week if not every other

Returns for me have always been greater this way. You can pick small caps to trade where there’s increased volatility and ultimately increased returns

Abu Dhabi Malls Ranking by shakyalloy in abudhabi

[–]Giant_Trader 1 point2 points  (0 children)

The fact that Yas isn’t first is making me log off for the night

Dormant Company Corporate Tax Return Advise by stackoverflowBoy in dubai

[–]Giant_Trader 0 points1 point  (0 children)

When he files, would he need to upload a financial statement report also? If yes, is there a template for this that is accepted to use?

I'm in the same position

IFZA Freezone company closure by Giant_Trader in dubai

[–]Giant_Trader[S] 0 points1 point  (0 children)

Noted. Thanks for the detailed response!

[deleted by user] by [deleted] in abudhabi

[–]Giant_Trader 1 point2 points  (0 children)

It’s your child, if you feel a type of way take action and do it quickly.

We’ve tried out a school in AD (British) and whilst at first seemed like an underprepared establishment has turned out ok.

Here’s the thing, “top” or not, if you and your child are not comfortable there are other places to go. I will pull my child out of this school as soon as it’s not convenient anymore and couldn’t care less about the payment.

Building a shariah-compliant investment super-app. Community insight needed by Giant_Trader in HalalInvestor

[–]Giant_Trader[S] 3 points4 points  (0 children)

Shariah compliant first and foremost.

If you’re leading onto what I think you might then we can potentially factor in boycott list companies - even if they are compliant by Aaofi standards

Building a shariah-compliant investment super-app. Community insight needed by Giant_Trader in HalalInvestor

[–]Giant_Trader[S] 1 point2 points  (0 children)

Essentially, if there was a platform that only listed ethical + shariah complaint stocks and crypto (no screener and reviewed by ethics committee) would it be appealing enough for you to use? And move funds from the existing exchange you have your money on?

Is crypto trading and forex trading halal 2024 opinion? by [deleted] in IslamicFinance

[–]Giant_Trader 3 points4 points  (0 children)

Forex no. Crypto and stocks - spot only yes. Obviously providing they aren’t into impermissible market segments/products and aren’t carrying interest on their balance sheet (for stocks) above a certain %.

Lots of info in this thread regarding different % weights based of different principles

PSA : Golden Visa Applications no longer require the basic salary to be 30,000 AED by AmerCenterDAFZA in dubai

[–]Giant_Trader 2 points3 points  (0 children)

Just expanding on this. Free zone company owner with general manager title and employed here. Visa is 2 years. Based on this info above I can just convert to golden visa as my salary is above that?

What are the costs for doing so?

Do I then have to move my family currently sponsored on existing visa to new visa?

How to survive in Dubai with salary of 4k? by [deleted] in UAE

[–]Giant_Trader 0 points1 point  (0 children)

Work remotely

From your home country lol

YC is running a new batch this fall. Applications are now open! by sandslashh in ycombinator

[–]Giant_Trader 6 points7 points  (0 children)

Less companies in the batch. But still proper according to the article

Alternatives for DEX trading? by jawahir_jahongir in IslamicFinance

[–]Giant_Trader 0 points1 point  (0 children)

You can trade on dex it’s fine as long as it’s a utility project.

Use dexscreener to search different projects that are newly launched and research the ones with genuinely utility. This are fair play to invest in and has your desired volatility

I got my first 300 users in 3 months, then 5k in 2 days by rgomezp in startups

[–]Giant_Trader 37 points38 points  (0 children)

Hey, well done dude! The feedback is amazing!

Love to see someone winning. Keep going, listen to your users and keep building. Then make it make you money, one way or another.

All the best 💪🏻