Salaam I see a lot of Muslim professionals who are in investing or wealth management roles. I don’t know any personally enough to ask them but was curious how they deal with haram elements of finance like debt, riba, shorting stocks, etc?

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Posting as :
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Have been wondering the same thing - not sure what jobs are halal and which aren’t

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Better to stay on the safe side I.e. the side without doubt

smart

I would think that as long as they are not directly doing those things its fine? Not sure though. This is tough because the money we have in our checking accounts with banks is used for lending and normal purchases include fees which can be used for the same purpose. Would like to see guidance on this that does not cancel folks who are involved indirectly.

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I do invest in stocks long term and I have used apps like Zoya to inform which stock is shariah compliant. I have been thinking about stopping completely because not everything is crystal clear. But I don’t know if it’s just me lacking the right Islamic finance knowledge or is it all really a grey area that we should avoid

Best to just stay away from it

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