Stock VS Halal Stock

 

Stock

• Unit of ownership of a company.
• With no restrictions what type of a company or its financial status.   

Halal Stock

• Unit of ownership of a company but comply with Shariah Law.
• Business
• Which avoids prohibited industries 
• Alcohol  
• Tobacco
• Gambling
• Pork
• Weapons 
• Interest bearing products
• Adult entertainment.
•  Fiance
• Debt -to -market cap < 33%.
• Cash & interest bearing should be < 33%.
• Impermissible income < 5% 

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Screener I use:

            

            Zoya App.

Stocks I bought today:

• NVTS
• SGML
• TEM

        

WHY

Assalam Alakikum

Welcome to my personal journal, where I will be documenting my path to Halal trading. I'll be sharing my learning process-build on independent study, insightful articles, books, blogs and the best of YouTube.

I am normal housewife not a great trader nor a professional trader nor any trading influencer in today's world. In my 50s and looking forward, I'm embracing this stage of life to learn, grow and fully engage with the world of trading around me.

Three years in, through every profit and loss my committed to learning remains. Passion, patience and dedication is what keeps me in this games still.

Insha Allah. Trusting Allah's plan in this journey.