We have made the night and the day two wonders. That is the enjoyment of worldly life, but Allah has with Him the best return (Quran 3:14) Rather, we should focus on getting closer to Allah.īeautified for people is the love of that which they desire – of women and sons, heaped-up sums of gold and silver, fine branded horses, and cattle and tilled land. In short, it’s ok to make money in Islam… as long as it doesn’t become the ultimate goal. Buying Property with an Islamic Mortgage.This article will explore the steps I have taken, with a focus on Halal stocks and shares, as well as other routes to building wealth in Islam. So how did I, a marketing employee with a ‘micky-mouse’ degree, get to such a strong position? They wanted me to get a conventional mortgage, and this was not a route I was prepared to take for religious reasons.īuying a house without a mortgage has been a strong ambition of mine, and I am pleased to say I am making great progress. My parents constantly told me to buy a house, as the value of cash goes down with time – and they’re right. I was born in the UK, studied Business & Psychology at University and landed a 9 to 5 in an online marketing role. You don’t need a head start with a Engineering degree or wealthy parents, it’s totally possible to build up a substantial amount of Halal money from any level. Such as, investing in Halal stocks and shares, getting a side job or even earning through an online blog. There are plenty of options for making money in Islam. However, Allah has a better return.īuilding wealth while keeping the income Halal can be a struggle for Muslims around the globe. Some of us will even overlook Islamic guidelines to increase the bank balance. Are mortgages allowed in Islam? Can I make money from interest? Is the stock market Halal? List Halal stocks.
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December 2022
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