Does Islamic finance say we can invest in credit card companies?
We all need a reminder every now and then about how halal investing works. Here’s a quick refresher. In a nutshell, halal investing touches on avoiding investment in the following: Interest, or ribaSpeculation (gharar) and uncertainty (maysir)DebtCompanies with unethical lines of business That last point–avoiding companies with unethical lines of business–includes most conventional financial services […]
Weekly Market Recap – February 10, 2025
Azzad MarketWeek Stocks posted modest losses last week as tariff deals, January jobs data, and Q4 corporate reports injected volatility into markets. The Standard & Poor’s 500 Index slipped 0.24 percent, while the Nasdaq Composite Index lost 0.53 percent. The Dow Jones Industrial Average fell 0.54 percent. Tariffs, Q4 Reports, and Jobs On Monday, stocks opened […]
