Salam guys
This is a live FAQ (that all community members should add to) that has come about as our very active Telegram group regularly gets asked the same questions.
So I thought sensible to just park all answered questions in one place for everyone to be able to easily access.
First, these are the Telegram groups - feel free to join:
Stocks groups: Telegram: Join Group Chat
Property/Fixed Returns Group: Telegram: Join Group Chat
VC/PE/Debt Group: Telegram: Join Group Chat
Our Crypto Chat Group: Telegram: Join Group Chat
Get Started Investing
Best place to compare investments: Halal Investing UK - IFG
#notfinancialadvice but: you want stocks, a fixed income element, and a high growth element
Stocks: DIY, Wahed, buy a fund
Fixed income: DIY, Yielders, Godwin, Qardus
High growth: IFG.VC (but also arguably Introcrowd, and HNW Yielders deals)
Stocks: 30-50%
Fixed income: 20-40%
High growth: 10-30%
and how you decide on that spectrum is by looking at:
- your aims
- your total pot
- your risk appetite
- how illiquid/liquid you need investments to be
- impact/ethical considerations
- time
FAQs:
1. Can I invest in property with not much money
Yes - lots of options especially via crowdfunding. See options here: Halal Investing UK - IFG
2. Is property going to crash?
Probably going to get cheaper and there will be bargains in the market but no crash imho
3. Is Ethis any good?
Decent - we like it. Full review here: https://www.islamicfinanceguru.com/investment/ethis-detailed-review-a-halal-far-eastern-property-investment/
4. How do i invest in property?
see here: Halal Property Investing 101 Guide - IslamicFinanceGuru — Islamic Finance Guru