Zakat on Cryptocurrency
In today’s fast-evolving world of technology, opportunities continue to emerge in various aspects of life, including financial transactions and religious obligations. Recently, the Pusat Pungutan Zakat (PPZ) launched a groundbreaking initiative, allowing zakat payments to be made using digital assets, including cryptocurrencies. Adding to this innovation, Sharlife has been appointed as the first official zakat collection agent to facilitate payments through cryptocurrencies.
Sharlife20 Dec 2024
Bitcoin as a Strategic Reserve: What it Means for Investors
Imagine a future where Bitcoin rivals gold as a national reserve asset. Recent proposals like Senator Cynthia Lummis’s BITCOIN Act of 2024 suggest this might not be far-fetched. The act proposes that the U.S. Treasury acquire one million Bitcoins over five years, positioning it as a strategic reserve to hedge against inflation, reduce national debt, and solidify the U.S.’s dominance in financial innovation. With former President Trump’s re-election fueling pro-Bitcoin sentiment, this bold initiative could mark a significant shift in how nations view digital assets. But what does this mean for investors?
Sharlife18 Dec 2024
Is AI Crypto coin Shariah Compliant?
The rise of AI coins in the cryptocurrency market represents an exciting intersection of artificial intelligence and blockchain technology. These digital assets are designed to enhance user experiences, improve scalability, and bolster security within decentralized networks. As cryptocurrency investors look for new opportunities, understanding the landscape of AI coins can provide valuable insights into potential investments.
Sharlife11 Dec 2024
Pump.fun: Is It Innovative, Or Just A Gambling Machine?
Pump.fun has quickly become known as an innovative platform for creating and trading memecoins on the Solana blockchain. It makes launching tokens easy and accessible for both crypto fans and community builders. However, its risky nature and recent updates have sparked discussions about its impact, especially regarding whether it follows Shariah principles.
Sharlife11 Dec 2024
Halogen Capital: Pioneering Digital Asset Fund Management in Malaysia
Halogen Capital stands at the forefront of Malaysia's digital asset investment landscape. By combining regulatory compliance with innovative product offerings and a commitment to ethical investing principles, it is poised to reshape how Malaysians engage with cryptocurrencies and other digital assets. As the firm continues to expand its portfolio and reach, it represents a significant step forward in making digital asset investments more accessible and secure for a wider audience.
Sharlife06 Dec 2024
Is Gaming Crypto Halal?
Gaming cryptocurrencies have emerged as a significant sector within the broader cryptocurrency ecosystem, combining the worlds of blockchain technology and video games. These digital assets are designed to facilitate in-game transactions, reward players, and create new economic models within gaming environments. However, from an Islamic perspective, several considerations must be taken into account when evaluating the permissibility of engaging with gaming cryptocurrencies.
Sharlife20 Sep 2024
Exploring Central Bank Digital Currency: A New Era of Finance
Imagine a future where you no longer carry cash, payments are fast and easy, and everyone has access to financial services. Welcome to the world of Central Bank Digital Currencies (CBDC), a big step forward in how we use money.
Sharlife03 Dec 2024
Shariah Perspective on Free Airdrops
Getting free cryptocurrency tokens through airdrops sounds exciting, but are they really halal? In Islamic finance, not all airdrops are as harmless as they seem. Some may be tied to activities like riba (interest) or gambling, and some of them may contradict the terms and conditions of buying and selling in Islam, making them non-compliant with Shariah. Before you accept or use these tokens, it’s important to know how to purify them and stay within halal guidelines.
Sharlife04 Dec 2024
Luno Bundles: Crypto Made Easy, But Is It Shariah-Compliant?
Cryptocurrency investments are becoming more popular in Malaysia as more people learn about them and look for new ways to grow their wealth. However, for busy individuals, managing investments and keeping up with the 24/7 crypto market can be overwhelming. To make things easier, Luno has introduced Luno Bundles, a feature that helps simplify crypto investments while following Malaysia’s financial rules.
Sharlife28 Nov 2024
Crypto Trends to Watch: Ethical Investing for Muslim Traders Seeking Barokah
The cryptocurrency market is making headlines yet again as Bitcoin reaches an all-time high in light of market optimism and world events such as the U.S. election and the resurgence of public figures like Donald Trump. With Bitcoin's rise, green charts are appearing everywhere, drawing in investors eager to take advantage of the historic surge. But the current crypto excitement far beyond Bitcoin alone new digital assets like memecoins (Dogecoin and Squirrel), celebrity-backed tokens (WLFI).
Sharlife22 Nov 2024
Is Bitcoin Halal? A Shariah Analysis From Sharlife
Bitcoin (BTC) continues to break records, reaching new all-time highs and gaining acceptance from investors and even governments. This growing global interest raises a vital question for the Muslim community: Is Bitcoin Shariah-compliant? This analysis explores Bitcoin’s compatibility with Islamic principles through the lens of the Sharlife Methodology.
Sharlife20 Nov 2024
The Future of Finance: How Banks Are Embracing Digital Asset Tokenization
Digital asset tokenization is revolutionizing the way traditional financial assets are managed, traded, and transferred. By converting physical or financial assets into digital tokens that can be traded on blockchain platforms, tokenization offers numerous benefits such as increased liquidity, enhanced transparency, and broader accessibility for investors. As a result, many leading banks worldwide have embraced this innovation, aiming to reshape the future of financial markets and investment opportunities.
Sharlife19 Nov 2024
Blockchain in Healthcare: How MediBloc Can Transform Medical Data Management in Malaysia and Worldwide
Healthcare is essential, yet accessing complete health data remains a challenge, particularly in Malaysia, where both private and public sectors still rely heavily on traditional record-keeping methods, such as paper-based medical records. A promising solution to improve data accessibility and security is a blockchain-based system like MediBloc, which is designed to make health information easier to access, secure, and globally compatible.
Sharlife14 Nov 2024
Why Bitcoin Movements Affect the Prices of Other Cryptocurrencies
Bitcoin’s price movements often impact the entire cryptocurrency market, setting trends that other digital assets, or "altcoins," tend to follow. Usually, when Bitcoin goes up, altcoins do as well. There are numerous interconnected factors driving this effect that position Bitcoin as the primary influence within the crypto ecosystem. Take a closer look at why Bitcoin leads the rest of the market and introduce some political circumstances that would be in play as we recently headed for U.S. elections.
Sharlife13 Nov 2024
AI Trading Agent: Coinbase’s Based Agent and its Shariah Compliance
Coinbase has introduced a new tool called Based Agent, designed to enable users to quickly create AI agents capable of performing a variety of cryptocurrency tasks. With its user-friendly interface and powerful capabilities, the tool promises to simplify AI deployment within the cryptocurrency ecosystem, enhancing both trading efficiency and automation in decentralized finance (DeFi).
Sharlife11 Nov 2024
Can We Invest in Cryptocurrency Originating from Israel?
The rapid growth of cryptocurrency has opened up numerous investment opportunities, capturing global attention. However, with this expansion come complex ethical questions. At Sharlife, where we focus on analyzing the Shariah compliance of digital assets, we sometimes encounter coins originating from Israel. Given the ongoing conflict in Palestine, many investors are now questioning whether investing in these cryptocurrencies aligns with their values. This issue goes beyond financial gains, touching on ethics, solidarity, and the global impact of investment choices. In this article, we will explore these concerns, offering insights to help investors navigate these challenging decisions with an ethical and informed perspective.
Sharlife08 Nov 2024
Sandwich Attack from a Shariah Perspective
According to defi-planet.com, over 450,000 sandwich attacks occurred on Ethereum between May 2020 and April 2022, resulting in a total profit of 60,000 ETH for the attackers. While sandwich attacks do not directly lead to a complete loss of funds like rug pulls and other scams, they significantly limit the profit potential for traders using DEXs. The cost of performing sandwich attacks is often outweighed by the potential financial gain for attackers.
Fathiyah24 Oct 2024
What is Cryptocurrency ETF?
The landscape of cryptocurrency investments is evolving at a rapid pace. With the recent approval of Bitcoin and Ethereum ETFs, anticipation has been building over the potential approval of additional cryptocurrency ETFs by the U.S. Securities and Exchange Commission (SEC). Numerous asset managers are preparing to submit applications for more ETFs, and the overwhelmingly positive reception of existing crypto ETFs is likely to fuel interest among financial institutions. This shift is poised to transform the investment world, but how will it impact investors, and what opportunities or challenges might arise?
Sharlife06 Nov 2024
Token Crowdfunding in Malaysia
Token crowdfunding represents an exciting development in Malaysia's financial landscape, allowing companies to leverage blockchain technology to raise capital through the issuance of digital tokens. This innovative financing method aligns with Malaysia's growing interest in fintech solutions and offers new opportunities for businesses and investors alike.
Sharlife02 Nov 2024
How Crypto Airdrop Scams Work?
Airdrops are free token distributions to wallets, often used to gain attention and grow a user base. While they offer benefits, scams are on the rise, with fraudsters copying real projects to trick users and cause financial losses.
Sharlife01 Nov 2024
Bybit Islamic Account - Transforms Muslim Participation in Crypto
Bybit has introduced its dedicated Islamic trading account, marking a significant step towards bridging the gap between traditional Islamic financing and contemporary cryptocurrency trading. This project enables Muslim investors who want to participate in the cryptocurrency market while adhering to their religious beliefs to trade digital assets.
Sharlife25 Oct 2024
Can Lottery Become Halal?
A new idea allows people to earn lottery chances by doing good deeds, like helping others or doing well in school. However, since uncertainty (gharar) is discouraged in Islam, the question arises: Are these effort-based lotteries allowed? This article will explore how they work and examine them from a Shariah perspective
Sharlife23 Oct 2024
Worldcoin: Revolutionizing Global Finance and Digital Identity
Worldcoin is an innovative project that combines AI technology with cryptocurrency to create a unique digital identity verification system. The initiative utilizes eye-scanning orbs to establish "proof of personhood," allowing individuals to participate in the digital economy securely and privately.
Sharlife15 Oct 2024
Luno's Latest Crypto Listings and its Market Insights
On September 12, 2024, Luno, Malaysia's leading regulated digital asset exchange, announced the addition of five new DeFi coins to its platform. These include Aave (AAVE), Curve (CRV), Maker (MKR), Synthetix (SNX), and Stellar (XLM). With these new additions, Luno now offers 18 digital assets, marking its largest batch of launches in the country to date.
Fathiyah14 Oct 2024
Discover Sharlife's Crypto Screener
Sharlife Trading Signals provide insights based on a range of technical indicators and strategies. These signals help traders identify potential entry and exit points for specific cryptocurrencies, making them valuable tools for both beginners and experienced traders.
Sharlife11 Oct 2024
Shariah Perspective on Rug Pull
Initial Coin Offerings (ICOs) have become popular for raising funds for new cryptocurrency projects. However, reports show that nearly 90% of ICOs fail, highlighting the significant risks in this space. (Emily Dean, icobench.com, 2023) But why is this happening? One common scam in the cryptocurrency world is known as the "rug pull." This happens when project creators build excitement to raise the value of their coins, only to disappear with the money, leaving investors with nothing. This article will explain the rug pull and explore its Shariah perspective
Sharlife10 Oct 2024
Is Wash Trading Permissible?
Have you heard of wash trading? It’s a deceptive practice used by some individuals to manipulate online markets for profit. In wash trading, a person buys and sells the same asset repeatedly to themselves, creating the false appearance of high demand. This tactic is common in digital currencies and NFTs, and many are concerned about its impact on market integrity
Sharlife08 Oct 2024
"Tap to Earn" from Shariah Perspective.
In the ever-evolving landscape of cryptocurrency, a new trend has emerged: "Tap to earn" crypto. This innovative concept has captured the attention of many in the digital currency community, promising an easy way to earn cryptocurrency through simple actions on mobile devices. While some of us may have already engaged in this activity, others might still be questioning whether it complies with Islamic principles.
Sharlife25 Sep 2024
Shariah Perspective on Stablecoins
Stablecoins have emerged as a significant innovation in the cryptocurrency ecosystem, offering a bridge between the volatility of traditional cryptocurrencies and the stability of fiat currencies. This article explores the concept of stablecoins and examines their permissibility from an Islamic finance perspective, including the Shariah views on holding stablecoins.
Sharlife23 Sep 2024
How Halal and Haram Crypto Partnerships Affect Shariah Compliance.
In the fast-changing world of cryptocurrency, innovations continue to emerge at a rapid pace. As the crypto ecosystem expands, we're witnessing an increasing number of partnerships and alliances within the industry. This trend of partnerships has raised important questions for Islamic investors who must adhere to Shariah principles. A particularly complex issue has come to the forefront: What happens when a halal (permissible) cryptocurrency forms a partnership or alliance with a haram (forbidden) one?
Sharlife22 Aug 2024
How to purify Shariah non-compliant Investments?
In today's diverse investment landscape, Muslims have access to a wide array of investment options, including stocks, cryptocurrencies, gold, and various other financial instruments. While many investors strive to maintain Shariah compliance in their portfolios, the dynamic nature of markets and companies can sometimes lead to changes in the Shariah status of investments. Additionally, investors may occasionally find themselves holding Shariah non-compliant assets due to oversight or market shifts. This article explores the concept of investment purification and guides how to address these situations from an Islamic perspective.
Fathiyah04 Oct 2024
Is exchange token Shariah compliant?
Recently, we have received a lot of questions regarding the status of exchange tokens. Some questioned why the status of the exchange token is Shariah compliant, even though the exchange has non-shariah compliant features like derivatives market and insurance. This is an explanation as to why we marked it as Shariah-compliant.
Sharlife9 Aug 2024
Is Cryptocurrency Airdrop Halal?
Cryptocurrency airdrops have become a popular marketing strategy in the blockchain industry nowadays. It is a marketing strategy aimed to increase awareness, boost adoption and reward loyal users. In the evolving world of cryptocurrency, airdrops have become a popular method for distributing tokens to a large number of wallets. This marketing strategy aims to increase awareness, boost adoption, and reward loyal users. But what is the Islamic legal perspective on receiving such airdrops?
Sharlife25 July 2024
Is Cryptocurrency Lending Halal?
Cryptocurrency lending has become increasingly prevalent in today's digital financial landscape, transforming how individuals and institutions interact with their digital assets. However, the rapid growth of crypto lending has also raised concerns, especially among Muslim investors. Questions arise regarding the compliance of these practices with Islamic financial principles. Based on recent Shariah judgements, there are important considerations for Muslims looking to participate in crypto lending while adhering to Islamic financial principles.
Sharlife23 July 2024
Gambling Burning Mechanism in Terra Classic: Does It Affect Its Shariah Status?
We have viewed Terra Classic (LUNC) as a Shariah-compliant project since there are no activities, products, or projects conducted directly by Terra Classic that violate Shariah principles. However, the question arises as to whether the Terra Poker game and its burning mechanism would impact the Shariah status of Terra Classic (LUNC).
Sharlife21 June 2023
Issues and Solutions of Dropshipping from a Shariah Perspective.
Dropshipping is a form of business in which the reseller/dropshipper does not own the assets or stock being sold. The reseller or dropshipper only promotes the products sold by another party and earns commissions from successful sales.
Sharlife15 June 2023
Why is Leverage and Margin Trading Considered Haram?
Leverage or margin refers to investments made using borrowed funds. In leverage trading or margin trading, the deposited funds used as collateral can determine the amount of the loan provided to investors. By utilizing leverage, investors can increase their opportunities to invest with higher values. For example, if a leverage ratio of 1:10 is offered, it means that with US$100, you can invest up to US$1,000. However, leverage trading carries risks. For instance, when you use leverage trading for investments, not only can your profits multiply, but your losses can also multiply. In this article, the discussion focuses on the Islamic perspective on loans themselves.
Sharlife15 June 2023
Why is Online Forex Trading Considered Haram?
Online Forex Trading has been explicitly mentioned multiple times by fatwa councils, mufti officials, and Islamic scholars as being prohibited. However, there are still many traders out there who are actively involved in online Forex trading. It differs from forex exchange or money exchangers, which are considered permissible. Forex exchange, known as Bay Sarf, involves currency exchange and is considered permissible. On the other hand, online Forex trading has been declared as haram due to several factors, which will be discussed in this article.
Sharlife15 June 2023
Why Are Futures Contracts in Stocks/Crypto Platforms Considered Haram?
A futures contract is an agreement or contract between a buyer and a seller that allows them to agree to buy or sell an asset or commodity on a predetermined date and price. The market price of the goods or assets may be higher or lower on the promised date compared to the time of the contract. Despite price changes, the contract or agreement must still be fulfilled.
Sharlife9 June 2023
Is Arbitrage Trading Halal?
Arbitrage trading in the context of crypto investment is one of the ways investors generate profits. It involves the act of taking benefits from the price differences on different exchange platforms. The prices of cryptocurrencies on each exchange or trading platform are not the same. This happens because the price of an asset or commodity is influenced by the "Supply and Demand Theory". It is a fundamental concept in economics that when demand increases, the price also rises. When supply is limited, the price increases as well. This applies to the world of crypto as well.
Sharlife6 June 2023
Why is Organized Pump and Dump Haram?
Pump and Dump is an illegal and prohibited activity carried out by individuals or a group of investors. In Malaysia, the Securities Commission of Malaysia has issued warnings to investors who misuse social media platforms to spread false information about specific companies to execute pump and dump activities.
Sharlife1 June 2023
Avoid Buying Meme Coins
Recently, we have witnessed the emergence of meme coins, such as PEPE, which have enabled investors to earn millions of dollars in profits. However, do these coins/tokens have strong fundamentals to justify their price surges? Let's explore meme coins further and examine their compatibility with Shariah principles.
Sharlife26 May 2023
Is Crypto Bot Trading Halal?
Technological innovations have brought significant changes to the investment world, and one of the hot trends among crypto investors is crypto bot trading.
Sharlife24 May 2023
Community Sharing as an Alternative to Takaful and Insurance
We often hear about problems that occur in the world of takaful today. Although takaful savings are said to be the best saving instruments, in 2020, the Institute of Public Health reported that 43% of respondents answered "not affordable" to the question "Reasons for not having personal health insurance and takaful". This is very concerning even though, in fact, the takaful industry has been established for over 30 years in Malaysia.
Sharlife14 April 2023
AAOIFI: The Gateway to Islamic Financial Institutions
The Islamic finance industry is experiencing significant growth, with more and more people seeking out ethical and sustainable financial products and services that align with their values. As a result, the need for a standard-setting body has become more crucial than ever. This is where the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) comes into play.
Sharlife23 February 2023
A Beginner's Guide to Investing in Gold as a Muslim
Gold has a long-standing tradition as a medium of exchange and store of value. Historically, gold and silver were used as fiat money, but today, government-issued currency such as the Malaysian Ringgit, Pound Sterling, and US Dollar are more commonly used.
Sharlife20 January 2023
What is Fintech?
Financial industry has been playing significant roles in the economy. Thus, maintaining its stability is very important. A study stated that Fintech shows a positive effect in maintaining financial stability causing more people to be part of it. Mirroring the global finance industry's transformational change, the Fintech industry is undergoing rapid digitalisation. However, what exactly is Fintech?
Sharlife23 May 2022
Does Islamic Finance relate to SDG?
Since the turn of the century, there has been a greater emphasis on sustainable development. Is the sustainable development concept foreign in Islam? Fortunately, the sustainable development concept has long existed in the Quran and the Hadith. Nevertheless, the concept itself was adopted only recently in the Islamic world. The question is, how does Islamic finance help in achieving the Sustainable Development Goals (SDGs)?
Sharlife8 April 2022
Time Value of Money: Conventional vs Islamic
The concept of time value of money is the foundation of investment and the core fundamental principle of conventional financial theory. It is also a fundamental component of the monetary system. Islamic finance also adopts the concept of time value of money as well, however, from an Islamic perspective, the concept used in the time value of money differs from the conventional definition. What is the difference between the Islamic and conventional views on the concept of time value of money?
Sharlife22 February 2022
Thing To Be Aware Of Before Investing In Unit Trust
Unit trusts and mutual funds are investment pools that are meant to assist investors to diversify their portfolios and grow their wealth. One of the benefits of unit trust investment is that investors gain experience investing in global stocks such as those from the United States, China, and other nations. Unit trust investments do not require investors to have a CDS account.
Sharlife17 February 2022
The World's First Islamic Bank
The topic of Islamic banking is now being hotly debated among the netizens. Islamic banking is seen to be identical to conventional banking, and the name "Islam" is used to obscure the community. However, before we get into the system and the issues that arise in Islamic banking, did you know that Islamic banking does have a long, rich history?
Sharlife15 February 2022
Corruption as Endemic
The issue of corruption has now become an endemic problem in the country. Corruption appears to be a norm or culture in Malaysian society, whether consciously or unconsciously. As a matter of fact, Malaysia is ranked 62 out of 180 countries in the Corruption Perceptions Index (CPI) for 2021, down five rungs compared to 2020. This decrease indicates an increase in corrupt activities in the country because the lower the position of a country (first place, for example), the less corrupt activities occur in that country.
Sharlife10 February 2022
Zakat for Flood Victims
On the 18th of December 2021, Malaysia suffers the worst floods in 58 locations in eight states, which is expected by the Malaysian Meteorological Department (MET). Numerous organizations took immediate actions in relation to the incident. The Zakat center, one of the major associations involved, also provides assistance through the distribution of zakat to help the survival of flood victims post flood. However truthfully, flood victims are not regarded as recipients of zakat.
Sharlife27 January 2022
Halal Affiliate Marketing
When the world was hit by a pandemic Covid-19 and the country went into lockdown, everyone was trapped inside the house. However, not everything is bad; this also has resulted in a positive impact and improvement in the online industry. There has been an increase in online activity such as through social media because the virtual world is the only link to interact with people and the outside world.
Sharlife25 January 2022
Why is Credit Card Permissible in Islam?
Credit cards are often associated as the cause of massive debt burdens that people find themselves in. The debt burden from the credit cards is not the only cause, but the high interest rates they carry are, and these transactions contain the element of riba. Muslims are prohibited from engaging in any transaction that contains an element of riba because riba is haram. But, did you know that Islamic financial institutions also issue Islamic credit cards? How can this credit card become Islamic?
Sharlife17 January 2022
The Issues in Bay' Bithaman Ajil (BBA) Contract
Bay' Bithaman Ajil (BBA) contract used to be the most popular financing contract in all Islamic banks in Malaysia for home financing products. However, it is often argued by the academicians that the BBA practiced is not a true BBA under the BBA principles, but rather it is a Bay' al-Inah (sell and buyback) in character which is contrary to a valid Islamic contract. Here we will discuss more of the issues that arose on the application of Bay' Bithaman Ajil Home Financing.
Sharlife10 January 2022
The Hype of NFT: Shariah Perspectives
We already heard the hype about cryptocurrencies and blockchain technologies that have been in the spotlight in recent years. It's a sign that the Blockchain ecosystem has been accepted by many people, just look at the volatility of the cryptocurrencies market. Many innovations and new features are rapidly introduced by developers to make this whole ecosystem useful for our daily financial activities. One of those unique innovations is Non-Fungible Token or NFT.
Sharlife14 December 2021
Introducing SharLife, a One-Stop Centre for Islamic Finance
Introducing SharLife, a platform that compares Shariah-compliant financial products with the mission to assist consumers by providing the relevant information on products and services offered by Islamic Financial Institutions in Malaysia. Among the features offered are comparison tools for financing and takaful products, Debt Service Ratio (DSR) calculator and many other features. Let's go over some of the features provided by SharLife.
Sharlife14 December 2021
Do We Understand Riba?
The word Riba is often mentioned by many Asatizah in their speech so that we do not get involved in it. Sometimes it is mentioned in dua' so that we are kept away from doing it. But our society needs a clear understanding of Riba, especially the Muslims to avoid being misleading about Riba. Some people define Riba as taking too much profit in trading. Is this what is meant by Riba? What exactly is the meaning of Riba mentioned by Allah in the Quran?
Sharlife17 November 2021
Why Ar-Rahnu Changed from Qard to Tawarruq?
At its 194th meeting on 25 June 2019 and its 195th meeting on 31 July 2019, the Shariah Advisory Council (SAC) of Bank Negara Malaysia (BNM) resolved that the ar-rahnu product structure through the combination of qard (loan), rahn (pledge), wadi`ah (safekeeping) and ujrah (fee) offered by Islamic financial institutions (IFIs) in Malaysia does not fulfil the Shariah requirements in Rahn Policy Document.
Sharlife17 November 2021
Crypto & Blockchain According to Shariah Perspectives
The whole world right now has been very excited about a new blockchain technology that has been implemented over 13 years ago. Every single person involved directly or indirectly in this industry talks about how this technology can change the whole current finance system. But for Muslims, the question that remains until now is can we be involved in this technology, either invest, trade, or for daily transactions?
Sharlife5 November 2021
Are Condom Stocks Shariah Compliant?
Among the Shariah-compliant stocks in the May 2021 edition, there are companies that carry out the production and sale of condoms, products used in family planning plans. Here we will explain the reasons why companies that run condom businesses are categorized as Shariah-compliant stocks.
Sharlife1 November 2021