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How do I actually start investing as a Muslim in Singapore?
I am aware of the limitations of investing as a Muslim. I understand that I can build my own portfolio of halal companies, however I don’t have much to allocate my monthly earnings since I am just a fresh grad (I have set aside 6 month of exps). If I do that, my portfolio would not be diversified or/and costly due to the fees. Should I wait for my income to increase and start investing, or invest quarterly instead to my pre-screened portfolio of halal companies? Where/ how should I start?
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Muhammad Ridhwaan
15 Feb 2022
Pro Tem Committee Chair at Islamic Finance @ Singapore
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Search for shariah compliant funds
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You can just choose 4 - 5 stocks and continue to invest in it, you would be very wealthy.
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Hi There, here are 12 investments you can access as a Muslim in Singapore: https://www.ifsingapore.org/post/halal-investin...
The part 2 of this article with more investments is coming in the middle of this year.
The picture shows a summary of the other investments you may want to consider.
If you want to join the telegram group of Islamic Finance @ Singapore and ask further questions, click here:https://t.me/+LJkXqR86G-hmZTI9