Ethis.co Profile picture
May 24, 2021 6 tweets 4 min read Read on X
The best way to grow your wealth is by investing your money. Here are 5 halal investments you could spread your money around.

#equitycrowdfunding #halalinvesting #islamiccrowdfunding
1. Invest via Islamic robo-advisors such as @WahedInvest and @TaqwaLtd.

#roboadvisor
2. Use #gold as a hedge against inflation as it holds its value despite falling currency.
3. #cryptocurrencies, especially the lesser-known ones, could have a higher potential for future appreciation.
4. Property values tend to increase over time, and you can turn a profit when it’s time to sell.
5. Equity crowdfunding is an alternative to traditional investments. Find out more on our website at ethis.co.

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More from @EthisCrowd

Sep 10, 2021
7 money management tips to improve your personal finance. 💸👇
1) Have an overview of your current financial situation

Take stock of how you are doing financially. List down your outstanding debts, loans, and your monthly commitments.

Once sorted, you can then set a monthly budget to help you manage your monthly expenses.
2) Set a monthly budget

Planning is how you get ahead in life and with money.

Setting your monthly budget before the month starts helps you ensure that you can cover your day-to-day expenses on top of your monthly commitments while still saving aside some emergency funds.
Read 10 tweets
Feb 11, 2020
Risk sharing is an essential part of Islamic finance. The true test of whether a financial action is really Islamic or not is if it has risk sharing. What that means is that a person has the right to profit only when he takes up the burden of bearing risk.
The principle is derived from the fiqh legal maxim:
“الغنم بالغرم”
“(Entitlement to) profit is accompanied by responsibility"
What risk sharing does is:
1. Minimizes moral hazard (where someone takes on more risks because he knows someone else will bear the cost of those risks).
2. Links finance to the real world and limits the amount of debt created.
Read 5 tweets

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