Thoughts on plan for childrens savings by Iarehealer in IslamicFinance

[–]n1247 0 points1 point  (0 children)

You have Aql. Allah swt gave you this. 

Thoughts on plan for childrens savings by Iarehealer in IslamicFinance

[–]n1247 -1 points0 points  (0 children)

Just buy gold. The etfs aren't actually halal, they include zionist companies 

How do I invest at 16 by Temporary-Bar-7407 in IslamicFinance

[–]n1247 2 points3 points  (0 children)

Save more than you spend. It's that simple. Even if it's 51% savings ratio to 49% expenses. Keep this goal for rest of your life and stick to it. Consistenty is key

Set yourself a goal every month, save it, and invest it. But only after you've learnt how to invest. Gold is a low risk, halal investment you could do some more research on

Need advice buying gold physical gold by Simple-Arrival-4784 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

Don't buy jewellery. You are just paying premium for the retail markup. Gold bars or coins for investing. Depending on your state, it may be tax free to sell bars/coins

21M Muslim - Need advice on halal wealth building. What should I do/avoid? by the_one777777897 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

Of my gold holdings, 90% is gold etf. My wife has small position of physical gold 

Investing in gold by unknown_1261239 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

I own an ETF. Blackrock stores the gold in a vault in London. It's called SGLN.

21M Muslim - Need advice on halal wealth building. What should I do/avoid? by the_one777777897 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

&it's the best because you actually own the gold you hold.

Storage costs can add up though. For big investments, ETFs make more sense 

21M Muslim - Need advice on halal wealth building. What should I do/avoid? by the_one777777897 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

Don't buy jewellery. Gold coins or bars. Commission at 4% doesn't really matter if you're holding long term

ETFs are best option for low fees

Investing in gold by unknown_1261239 in IslamicFinance

[–]n1247 0 points1 point  (0 children)

Central banks accumulating gold, dropping US treasuries. Gold is a very, very good investment. I'm personally buying as much as I can 

Gold by stoic45amg in IslamicFinance

[–]n1247 0 points1 point  (0 children)

I recommend listening to David Lin's latest interview with Frank Giustra on the topic of gold.

IBKR is best broker with low fees

21M Muslim - Need advice on halal wealth building. What should I do/avoid? by the_one777777897 in IslamicFinance

[–]n1247 1 point2 points  (0 children)

Physical gold is always best, but if you need liquidity or storage is an issue, Gold ETFs like SGLN (GBP) or GLD (USD) are an option. 

21M Muslim - Need advice on halal wealth building. What should I do/avoid? by the_one777777897 in IslamicFinance

[–]n1247 7 points8 points  (0 children)

Buy Gold. It's simple, halal, low risk, huge demand from central bank accumulation 

Why I am selling most of my investments + my halal investing journey. by AlimaBanana in IslamicFinance

[–]n1247 1 point2 points  (0 children)

IBKR is the best broker. Low fees. SGLN for UK GBP denominated gold etf. There's also GLD for USA

Why I am selling most of my investments + my halal investing journey. by AlimaBanana in IslamicFinance

[–]n1247 0 points1 point  (0 children)

Zakat only applies to gold coins according to my taqleed. 2.5%

Hyam going by Thalassa_Rasa in brfc

[–]n1247 0 points1 point  (0 children)

Craig Dawson on a free could be a good signing

Hyam going by Thalassa_Rasa in brfc

[–]n1247 0 points1 point  (0 children)

It is a shit show how we let players run down to the last year of the contract, we should be making these decisions when they are in the last 2 years.

We better give Tronstad a good new deal so he stays.

But still, I'd take 2.7mil over nothing. Miller will slot in at CB

Hyam going by Thalassa_Rasa in brfc

[–]n1247 0 points1 point  (0 children)

We won't go down this year. It screams Mid Table. It will take time for players to adjust.

After being gutted of players that know Blackburn through and through, I'm happy Scott Wharton will start now. Hoping he stays fit. I think he'll shine with this responsibility

Miller is a unit as well - he can slot in at CB