In Halal Investing for Beginners: How to Start, Grow and Scale Your Halal Investment Portfolio, a team of Oxford-educated Islamic finance gurus deliver a one-of-a-kind investing roadmap for Muslims who want to watch their savings grow while abiding by Islamic law. You’ll learn to distinguish between halal and haram investment products, get key strategies for saving on your taxes, learn to build a variety of portfolios, and more.
In the book, the authors introduce and explain the wide variety of investment products available to investors who wish to restrict their financial activity to that which is consistent with Shariah law, including asset categories like equities, gold, art, start-ups, and even property. You’ll also find: - Advice for every stage of life, including how to go halal for the first time, how to write an Islamic will, and how to build a halal pension - Portfolio construction guidance for every risk tolerance, from high-growth to low risk - Explanations of the important difference between “ethical” and “ESG” investment products and halal investments
An essential resource for Muslims who seek to invest while remaining true to their faith and values, Halal Investing for Beginners is the intuitive and easy-to-follow investment tutorial that everyday Muslims have been waiting for.
Table of Contents
Foreword ix
Acknowledgements xi
About the Authors xiii
Introduction xv
Part I The Basics of Investing and Personal Finance 1
Chapter 1 Personal Finance Essentials 3
Chapter 2 Breaking Even 5
Chapter 3 Islamic Wills 13
Chapter 4 Pensions 17
Chapter 5 Your Rainy Day Fund 21
Chapter 6 Going Halal for the First Time and the Purification of Wealth 27
Part II How to Develop Your Investment Strategy 35
Chapter 7 Your Investment Mindset 37
Chapter 8 Building the Blocks 51
Chapter 9 How to Do Basic Due Diligence into an Investment Company 71
Chapter 10 Tax-Saving Strategies 77
Chapter 11 Weighing up Risk and Reward 81
Part III Investment and Sharia Considerations for Popular Investment Categories 87
Chapter 12 Stocks 89
Chapter 13 Fixed Income 121
Chapter 14 Alternative Assets 153
Part IV How to Construct a Robust Portfolio 211
Chapter 15 Portfolio Theory 213
Chapter 16 Case Study: Conservative 221
Chapter 17 Case Study: Moderate 225
Chapter 18 Case Study: Aggressive 229
Parting Thoughts 231
Notes 233
Continuing Your Education 243
Helpful Resources 245
Index 247
