Halal Investments

The word “Halal” in Arabic means Permissible, Allowed or Legal in Religious terms. The opposite of which, would be “Haram” meaning Forbidden or Illegal . The Islamic Law which is called The Shariah, governs the Socio-Economics in a Muslim Society safeguarding them from Corruption & Social Evils. So all Products, Businesses and Trading Practices involving Riba (Interest), Alcohol, Tobacco, Gambling, Pornography, etc which are considered Social Evils are also Haram (Forbidden / Illegal) In the Islamic Law, and hence prohibited. So any Business that Avoids such Haram (Illegal) Products & Practices, is called a Halal or Shariah Compliant Business and any investment done in such businesses are called Halal Investments . To make it easier for the investors who intend to invest in such Halal, Ethical & Socially Responsible Companies, separate Indices are formed in Stock Exchanges all over the globe called the Shariah Indices .   What Is A Shariah Index? ...