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  1. #1
    S.Ali786's Avatar
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    Wahed Invesy UK

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    Salams, Have you guys heard of Wahed Invest UK which is apparently a Muslim Investment website which invests your money the halal way avoiding companies which deal in Alcohol, Gambling, Tobacco etc. https://wahedinvest.com/uk/

    I just wanted to hear your thoughts and opinions on this? Can i trust them?


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    Abz2000's Avatar
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    Re: Wahed Invesy UK

    As long as it's a genuine Islamic investment fund whose managers fear and do their best to obey Allah - and are knowledgeable and wise you should be safer than most investors in junk scam bonds out there who are on roller coasters which are sometimes rusty and often imaginary and based on scam derivatives - as long as the business is not targeted by crooks and is not based on the dodgy usury based stock exchange which is another roller coaster often leeched by wolves who play on shorts.

    i believe that the best way to profit from your money through halal investment if you haven't got the time yourself is to find a small business owner who is trustworthy and either invests mainly in metals (that are essential even in times of economic collapse and can be sold easily if thing go pear shaped) - and makes stuff with it - or simply buys and sells food mainly concentrating on food that doesn't spoil fast, that way you are serving the community positively with your business, have time to sell stock if anything goes wrong, have access to wholesale price goods for your own household, stocks are refreshed as you sell and buy, prices usually only go up - even when the stock market collapses. Maybe see if any trustworthy business people you know can use your additional money in extra goods on their shelf (or even a wing with a single exclusive item) and give you your share in the investment.



    Bear in mind that this is not legal financial advice, they are simply my own personal opinions and suggestions, and that Allah who knows the past and the present knows best as to the success and loss of any endeavour.


    Gold is a bit risky though since there is an element of usury to it if you are buying it to manipulate the prices and make a profit - unless you're storing your savings in it to safeguard from inflation - i didn't think about it properly before and Allah saved me from the usury by my making a loss on what little i had whilst barclays etc were holding the prices down during the gold fix sessions, also the rothschilds and their cohorts have stocks of it and regularly manipulate the price, the pr8ce also fluctuates based on gold dervatives and non-physical gold, and it is not edible when you're hungry and a mouthful of bread becomes worth more than mountains of gold when you're hungry.

    The fact that the company is in the uk is risky though since there are multiple warnings that appear to be from Allah scattered all over the place (Most of the stuff EIC looted are actually mentioned in revelation 18 - re. mention of and emphasis on purple - see indigo revolt) and those people seem to be unrepentant and still charge interest off the poor folk who survived their violations whom they left destitute. And again - Allah knows best.

    - - - Updated - - -

    The Big Short is also a movie to watch if you are able to save yourself from the bits of lewdness.


    Here are a couple of clips (my part 2 with blur got removed for some reason despite the purposefully grainy mega low quality -though some of it is in the second video:



    Indigo revolt

    https://en.m.wikipedia.org/wiki/Indigo_revolt


    Purple was in fact, so sought after, such an obvious message to other lowly people that you were rich and important, that laws were introduced to protect its use. People were killed for not following the law, and daring to have a hint of purple about them.

    Julius Caesar was particularly partial to purple. After visiting Cleopatra with her purple sails and sofas (reputedly an early influence on DFS sofa sales) he came home with a purple toga, which he decreed only he could wear. I wonder if he knew that his toga was dyed with what was basically sea snail spittle.

    Many years later, when Henry Howard, the Earl of Surrey, was tried for high treason against Henry VIII, part of the evidence against him was that he had been seen wearing purple: which only the king could wear....

    https://www.theguardian.com/lifeands...-colour-purple


    The Writing On The Wall:







    Last edited by Abz2000; 09-06-2018 at 03:34 PM.
    Investment advice needed #WahedInvest













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    S.Ali786's Avatar
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    Investment advice needed #WahedInvest

    Im looking to invest in this. https://wahedinvest.com/uk/ but want to make sure it doesn't generate haram money. Ive read the Q&A section but couldn't find anything wrong. Is anyone else aware of this?


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    Abz2000's Avatar
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    Re: Investment advice needed #WahedInvest

    If it is a substantial amount of money - the dividends from which offset the cost of research, maybe consider paying a sincere scholar well versed in Quran, Hadith, and fiqh al mu'amilaat to go with you and have a chat with them at their office.
    Then consider paying another capable person or investigative journalist to research their genuineness.
    Investment advice needed #WahedInvest













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    Faisal R's Avatar
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    Re: Investment advice needed #WahedInvest

    Asalaam. So did you have decide to invest in Wahed? I signed up and found that the quoted fees were lower than the actual fees that i'm being charged for the portfolio. I've emailed their customer service and all i got so far was scripted response from what appears to be the only customer service rep they have here in the UK.

    I'd like to invest more than the £100 i have initially but what like some decent responses to the questions that i have already posed to them. I don't know. It looks like the muslims would always find it difficult to make their money grow in a halal manner than the more conventional routes.


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