The easy way is to just invest in Sharia-compliant ETFs like HLAL or SPUS. They do pretty well but have higher expense ratios than most other general index funds. The harder way is to screen each stock individually using something like Zoya, or to go ahead and invest in questionable stocks but purify your wealth by donating some % of your returns to charity.
No it's not. One needs to understand that haram is no different than something's that's illegal and if you grew up in a family that's more "traditional" (for the pack of a better word) , your definition of haram would extend to legal but those you think are unethical. For example, gambling is haram. Alcohol is haram. A more traditional guy may have reasons against buying stock in a gambling company and/or an alcohol company. If you want to extend it further, you may even consider Amazon to be unethical because they sell haram stuff. Such reserved people are few and they are no different than people in other religions who believe in strange superstitious or have extreme right or left views. I had a friend who didn't play chess because his family considered it haram. While chess is legal in all Islamic countries unless you use it for gambling . Or you could keep your money in a bank in a high interest account or invest in real estate
Zero chance this post is here in the morning.
Op asks questions with the intention to insult any answers. Op has just had a bad day or a bad year or a bad life. Peace op.
One has to have money to invest, right?
Sam, I am, are green eggs haram?
We invest in our mother land Pakistan or in buying more wife’s for more sex !!!
It is bs. Big tech apparently is halal 😂. No problem that every company gets interest income.
Escorts.
Real classy.