Question 1

Are halaal funds fully risk-free?

akhtar · Accepted Answer

No investment is completely risk-free. Halaal investing avoids unethical risks like gambling or speculation, but it still involves market ups and downs. That is part of any real investment journey.

Question 2

Can I invest in conventional stocks if they do not deal in haram products?

akhtar · Accepted Answer

Not always. Even if a company does not sell haram goods, it might still earn or pay large amounts of interest. You must check both the business activity and the financial structure.

Question 3

Can I purify past income earned through haram investments?

akhtar · Accepted Answer

Yes. Scholars advise giving away any gains from haram sources as charity, without expecting reward. You should then move your money into halaal options going forward.

Question 4

Is it possible to make good returns through halaal investing?

akhtar · Accepted Answer

Yes. Many halaal investments perform well over the long term. They may avoid some high-risk sectors, but they also tend to be more stable and ethical.

Question 5

What should I do if I find out my pension or ISA includes haram investments?

akhtar · Accepted Answer

You can consider switching to a shariah-compliant provider. Many UK platforms now offer ethical pensions, stocks and funds designed for Muslim investors.

Question 6

Why is interest considered haram in Islam?

akhtar · Accepted Answer

Interest, or riba, is forbidden because it creates unfair gains without effort or risk. Islam encourages trade and investment based on real value and mutual benefit.

Question 7