Sharia-compliant Investments
Sharia-compliant investments refer to financial activities that adhere to Islamic law, or Sharia. These investments avoid practices considered haram, or forbidden, such as earning interest (riba), investing in alcohol, gambling, or pork-related products. Instead, they focus on ethical and socially responsible ventures that promote fairness and transparency.
Investors seeking Sharia-compliant options often turn to mutual funds, stocks, or real estate that align with these principles. Financial institutions may offer specific Sharia-compliant funds, which are screened to ensure they meet the necessary criteria. This approach allows Muslims to invest while remaining true to their faith.