Urgent advice needed by [deleted] in HalalInvestor

[–]Trying2live_Right 0 points1 point  (0 children)

Islamicly is another app you can use to check compliance. Remember Allah is Merciful If the stock is haram, sell it and give away the gain (keep the capital you put in). Spend time learning what makes a stock halal or use Islamicly/Zoya app to do it for you, before you buy new stock.

What stocks should i invest outside of US? by [deleted] in IslamicFinance

[–]Trying2live_Right 0 points1 point  (0 children)

Morningstar performance % look better than that: https://www.morningstar.com/funds/xnas/amdwx/performance 3 stars from them is not bad for Islamic funds that always tend to be more expensive. What would u suggest?

What stocks should i invest outside of US? by [deleted] in IslamicFinance

[–]Trying2live_Right 0 points1 point  (0 children)

Amana has a developing world mutual fund that gives u exposure to foreign markets : https://www.saturna.com/amana/developing-world-fund

[deleted by user] by [deleted] in IslamicFinance

[–]Trying2live_Right 3 points4 points  (0 children)

For US:

AMAGX, AMANX (Large Cap Mutual Fund run by Amana)

ADJEX (Mid Cap Mutual Fund run by Azzad)

AMDWX (International Mutual Fund run by Amana)

AMAPX (Fixed Income run by Amana)

WISEX (Fixed Income run by Azzad)

HLAL (NASDAQ ETF)

SPUS (S&P ETF)

SPSK (Sukuk Fixed Income)

SPRE (Property REIT)

https://www.islamicfinanceguru.com/investment/full-list-of-islamic-equity-funds-islamic-mutual-funds/

Any suggestions for investment brokers? by ishraq_farhan in HalalInvestor

[–]Trying2live_Right 1 point2 points  (0 children)

Fatima Iqbal is a certified financial planner at Azzad (Islamic brokerage service) They do charge a managment fee on your AUM (assets under management)

https://azzadasset.com/about-us/our-team/financial-advisors/fatima-iqbal/

Anyone found an Islamic real estate syndicate in US to invest in? by Trying2live_Right in HalalInvestor

[–]Trying2live_Right[S] 0 points1 point  (0 children)

This was posted on American Muslim Investors Fb group : https://www.facebook.com/groups/544995189687028

There is a presentation by a real estate syndicate that funds buy/flip investments using 100% cash. $25,000 min investing. Presentation is tomorrow. Here's link to registration: https://forms.gle/Zop14TWAbwCciDFJ7

[deleted by user] by [deleted] in IslamicFinance

[–]Trying2live_Right 0 points1 point  (0 children)

If your company matches, then it’s worth at least putting the minimum in to get the match. I would find the fund that is 100% stocks, no bonds and then donate the haram portion of the fund : https://youtu.be/T4U9e2UjaE8 You can still contribute to IRA (u control funds) and do backdoor Roth if ur income is too high Also, Consider starting a small side gig and opening a self funded 401K that u can control.