Saturday, 4 March 2017

Shariah Compliant ULIP / Insurance / Pension Funds in India: Are they really Islamic?

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I never felt the need to write an article related to ULIP or Insurance/ Pension Funds being Islamic. I thought it was clear. But it seems t...
39 comments:
Sunday, 8 January 2017

Save Tax from donations (Zakat, Sadaqa) given to Charities (NGO, Madrasa, Islamic Trusts)

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As a financially able Muslim, you will be giving the Islamic charities of Zakat and Fitra. These donations can be given to individuals like...
6 comments:
Tuesday, 3 January 2017

Islamic Shariah classification of Mutual Funds in India

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The fact that you have searched for this article is that you have doubt on the shariah compliance of MF's in India. I have already dis...
22 comments:

How to Invest in a Halal way

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This post is based on a comment made by a reader on the article: Halal Tax Saving Investments in India Sinan Suhel has the following stra...
12 comments:
Saturday, 24 December 2016

Is LIC insurance policy halal or haram

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I have already clarified in an earlier post that only term insurance can be considered in the subject of halal/ haram: Is Life Insurance Ha...
11 comments:
Friday, 5 February 2016

Shariah Compliant Mutual Funds in India: Are they really Islamic?

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Update (30-Dec-2016): Adding Fund Performance section. Most people (including Muslims), are not really aware of Mutual Funds (MF). Many l...
26 comments:
Monday, 26 October 2015

Halal Ways of Investment in Gold: Coin, ETF, Bonds or Futures ?

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Halal Gold Investments Gold in undoubtedly one of the best investment options for Muslims. However, there are at least several different ...
16 comments:
Sunday, 15 March 2015

Halal Investments (Non-Tax Saving)

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I have already discussed about Halal Tax Saving: Halal Tax Saving Investments   Halal Tax Saving Without Investments Following inves...
5 comments:
Tuesday, 10 March 2015

Halal Tax Saving by House Rent or HRA

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There are certain legal conditions to be met before you can claim HRA deduction/ exemption. I have tried to make it as simple as possible...
2 comments:
Wednesday, 11 September 2013

Halal Tax Saving in India: Minimize your tax with no Investments

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In the previous posts I discussed the status of Tax Saving Investments . There are ways to at least minimize some impact of taxes. Here ar...
22 comments:
Saturday, 14 January 2012

Halal Tax Saving Investments in India

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This article only discusses tax saving through investments; it doesn't discuss about other tax saving options. There are ways to reduce...
74 comments:
Sunday, 19 June 2011

Haram Investment

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In this article we discuss briefly, the financial transactions that are haram. The things that come under haram are: 1. Interest   It i...
Monday, 30 May 2011

Is Life Insurance Halal in India?

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First, most people do not know what insurance is. I mean what most people invest in India cannot be called Insurance. There are 2 types: P...
9 comments: