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jimbo123
12-19-2010, 11:55 AM
Can anyone give me some advice on investing in shares? I know that it's halal as long as you don't invest in a company that deals in alcohol/arms/pornography etc.

I have savings which are literally just sitting there. Obviously I give Zakaat and at other times Sadaqah.

This is a question directed at brothers/sisters who have bought halal shares. Do you have any advice on how to be successful in share buying? I have no idea where to start, just general pointers is what I'm looking for.
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GuestFellow
12-19-2010, 12:13 PM
:sl:

Get in contact with a independent financial adviser. These people will be able to help you and identify your risk profile. From my understanding, investing in shares can be risky. There is a possibility you might make a loss, so make sure you are able to financially cope with any losses. I would start off with something simple like a unit trust.
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jimbo123
12-19-2010, 02:12 PM
Originally Posted by Guestfellow
:sl:

Get in contact with a independent financial adviser. These people will be able to help you and identify your risk profile. From my understanding, investing in shares can be risky. There is a possibility you might make a loss, so make sure you are able to financially cope with any losses. I would start off with something simple like a unit trust.
Yeah I understand that there is a risk of loss, that's about the most basic thing I know about shares! Yeah I'll look into the unit trust thing.
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