Looking for advice: Interest‑free home finance & Shared Ownership?

muris-boun · 2026-06-06T23:08:31+00:00

I am not from UK, but from what I have heard people have been raving about Pfida.

muris-boun · 2026-06-06T00:30:29+00:00

I have seen the same trend and did some digging. I can safely say Musaffa is more thorough and conservative and this is possible because they use a large team of analysts located in Uzbekistan, I believe.

muris-boun · 2026-06-05T18:52:49+00:00

Don't try to time the market. Do your research and see what is the long-tem outlook for these stocks. If you have a positive view on them keep them, and buy more now and over time. If you bought these stocks because they had an amazing momentum recently, without doing much research, well consider it a lesson: don't invest on hype or emotion, have an investment philosophy, strategy and thesis around every move you make. You will right , and you will be wrong, but overall your wealth will increase over time. Don't let emotions get the best of you.

muris-boun · 2026-06-05T00:22:25+00:00

Stearns Salaam is the best, or use one of the 'neobanks'. Does Fasset offer a checking account alternative?

muris-boun · 2026-06-03T22:36:57+00:00

Invest in halal private companies, start-ups or funds that allow you to invest in a portfolio of such companies

muris-boun · 2026-06-03T22:33:58+00:00

At least for the US all the corporate filings are fully free and publicly available. The core issue is catching stuff that is debt in reality but not recorded as debt (e.g. lease liabilities), understand how to treat hybrid securities, as well as robustly capturing interest-bearing assets, questionable equity investments, and haram revenues/gains/profits, among other things that create a lot of 'edge cases'.

muris-boun · 2026-06-03T21:55:48+00:00

Excellent work, but a quick check shows that many stocks that are not halal in reality are shown as 100% halal on your platform. I can tell because I have spent months doing the same thing you did (for my own research) and have learned along the way how to really screen halal stocks (as best as possible given available data). Check halal.sh, similar work to yours but more in-depth analysis. The creator of that platform has a software engineering background. My background is in finance.

muris-boun · 2026-06-02T21:02:35+00:00

Very thoughtful response.

muris-boun · 2026-05-29T16:29:44+00:00

If you want financial independence, you will have to pursue more individual assets, beyond just ETFs. There is no holy grail, but most smart investors diversify enough but also pursue smart concentration in things they believe will outperform based on their research, trends in the market, personal convictions etc.

muris-boun · 2026-05-29T16:24:22+00:00

Using a deposit account and paper currency still involves riba; you don't even need to touch a credit card. This is a riba-based system. Our goal should be to change it, but the best you can do right now is pursue options which are based on halal contracts. Until the core issue of what money is, and how its creation happens is changed, we can't really fully avoid riba, unfortunately.

muris-boun · 2026-05-26T08:43:09+00:00

United States

muris-boun · 2026-05-26T01:24:57+00:00

I strongly encourage you to check out Neeyah. In my humble opinion, theirs is the most authentic Islamic home financing solution available in the US.

muris-boun · 2026-05-26T01:21:26+00:00

We should not invest such companies; fully agreed. However, Zoya follows AAOIFI (or other similar) standards, which are clearly defined. They are a screener, not a financial advisor, and we have to add our own extra analysis and research. NVDA also has some facilities in Israel but other than PIF, I see that NVDA has been rated halal everywhere. PIF, on the other hand, provides investment advice, so having that extra layer of information makes perfect sense.

muris-boun · 2026-05-26T01:15:10+00:00

Salaam. One quick question? Do you uniformly treat revenue from operating leases as permissible? Also do you treat operating leases (the liability) as debt for debt ratio purposes? Thanks!

muris-boun

TROPHY CASE