How do I invest my money in a lawful way?

When investing money, many of us strive to be precise in choosing the right path that leads to what is permissible, avoiding suspicion and falling into forbidden things. This is to protect our money from being lost. There are several ways to invest money in what is permissible, which we will discuss with you in our article today.

How do I invest my money in a halal way?

When embarking on the path of investing money, you must read and be careful to distinguish between what is permissible and what is forbidden to avoid falling into it. Among the main ways to invest in what is permissible are the following:

1. Direct investment

This type of investment is done by a person directly investing his money in some commercial, agricultural or industrial projects, but with reading the field of Sharia and the religious opinion on all matters that lead to falling into doubts.

2. Entering into investment partnerships

Two or more people enter into a number of projects, whether commercial or industrial, and share the profits generated from these projects equally after deducting the losses, in proportion to the funds contributed by each party. This is done on the condition that the projects are permissible and that they avoid entering into suspicious matters.

3. Capital investment in joint stock companies

The majority of scholars on this topic have issued a fatwa permitting capitalists to participate in these companies with a share of the shares, provided that the partnership is equal in profits and losses.
Profits are distributed after deducting losses and calculating the share of each share.

4. Islamic investment and speculation

This is done by two people participating in a commercial project, one with the capital and the other with his experience in the field of partnership. They enter into a contract between them regarding all the terms that may arise in dispute, and the profits are distributed between them according to an agreed-upon percentage.

5. Investing in Islamic banks

There are some Islamic banks that are founded on the principle of collecting funds and investing them in projects based on Islamic speculation, with participation based on profit and loss.

Halal investment online

With the technological advancements that have taken place in the world, electronic investment has emerged through the design of websites specialized in investing money in various ways, including selling through them, but it requires a great deal of effort. Here are the ways to profit from the Internet as follows:

1. Online science projects

The so-called selling of educational courses through many educational platforms.

2. Profit from selling photos

It is considered a profitable field for a large group of photography enthusiasts.

3. Create a YouTube channel

Many women have turned to filming their daily content and posting it on their YouTube channels, making a significant profit.

4. Starting and promoting small businesses online.

This is done through good planning for a project, implementing it, and then promoting it through the Internet, such as creating a page to sell household appliances and cosmetics.

What are the best ways to invest money?

Here are some ways to invest money:

1. Real estate investment

Traditional real estate investing is based on the principle of purchasing a property and then selling it after a period of time to achieve a financial return, or owning a property and then renting it out to obtain a fixed monthly financial return, which gives the owner a sense of security. Real estate investing is one of the fields that requires a large amount of capital to invest in, whether it is based on individual investment or entering into partnerships and dividing profits.

2. Buying gold

Buying gold is one of the safest investments currently available. Purchasing gold in the form of bullion or used gold bars ensures the lowest manufacturing value for financial gain. Economists recommend purchasing small-sized bullion bars for ease of selling as needed.

3. Investing in Islamic bonds

Purchase of Sharia-compliant securities.

4. Investing in buying a car and making a profit from it

You can invest in the automotive sector in several ways: either by purchasing it from the original owner and selling it to showroom owners, obtaining a good cash value, thus working in the automotive trade for a small amount of money; or by purchasing a car and working through the currently widespread applications, obtaining a good amount of money; or by purchasing a car and leasing it to someone in exchange for a fixed sum of money that the car owner receives.

How to invest a small amount of money in a halal manner

You can invest any amount of money, whether it is small or large, but you must know the key to success so that you do not lose all your money. When investing money, you must follow several steps before starting, which are as follows:

1. The amount of capital you need to start your project with.

The amount of capital allocated to you for investment may force you to engage in some projects and not others, and the more money invested, the higher the profit percentage.

2. Investment timeframe

You must create a specific time plan for investing money before starting it, and pay attention to the time factor. Some investors have the ability to achieve profits in record time, and this is considered a great success, as the shorter the time, the greater the success in the world of money and business.

3. Your risk tolerance

Before entering into any investment project, you must know the extent of the risks you may be exposed to. You must enter into these risks, face them with courage, and learn how to confront them.

4. Collection of information

Gathering important information about your project will help you better understand how to manage it with ease, and with this information you can avoid making the mistakes of others.

5. Seek advice from experienced people.

You should have a legal and accounting advisor you can consult with to help you determine whether this project is right for you. They can also determine the profit margin and conduct a feasibility study for the project, which will benefit you in any case.

Best investment at the moment

We turn to economic experts to determine the most appropriate investment projects for our own money. One expert later confirmed that there are certain areas suitable for those with small amounts of money who cannot invest in commercial projects. Among these investments are the following:

1. Buying gold

Economists recommend that if you have a small amount of money, you should invest in gold because it preserves the monetary value of the amount.

2. Buying a property

It is one of the second fields that keeps the value of money constantly increasing and you can get a financial return from the property by renting it.

Which is better, saving money or gold?

Gold is often said to be an ornament and a treasure, allowing you to save and preserve your money, unlike saving money which loses its value when prices rise.

Play money with a dealer

Women, especially those without a family, or the sick and elderly, are often looking to invest money with certain individuals to ensure financial gains without falling into suspicion. When discussing investing money with someone for a monthly or annual fee, depending on the agreement between the two parties, we must be very careful by following the following steps:

We must know this person well and know the actual project so that we do not fall under the threat of fraud.
Legal measures must be taken to guarantee our rights and prove that this man was given a sum of money and that a group of witnesses must be present to sign the contract agreed upon between them.
Get to know a number of people around him, be careful when asking about him, and be wary of his work in prohibited fields.

Where to invest your money

Where do you invest your money? This is a common question among a large segment of society. To answer this question, you must understand that managing money intelligently is not easy. You must learn a set of methods that enable you to invest easily, namely:

The first method is trading in the financial markets.

You can trade in financial markets with a small amount of money, such as stocks, bonds, and mutual funds. However, investing a small amount of money may not yield a quick return on investment. However, you can gain experience that will be useful in investing larger amounts. Here are the steps you should follow when embarking on the trading experience:

Understand the basics of trading and how financial markets work.
To open a trading account with a broker, you should choose a broker with low fees initially.
To fund your account, you must deposit a small amount of money at the beginning to avoid risk.
You should know that trading involves risk, so you should choose a trading strategy such as day trading, short-term trading, or long-term trading.

The second way is to invest in a small project.

Investing in a small project is one of the suitable options for you, such as the following:

Vertical farming: You can do this project to grow vegetables and aromatic plants.
Soap and skin care products manufacturing. Many women have succeeded in establishing this project and making a profit from it.
Manufacture of food products such as jam, sauces, and pickles, freezing some fresh vegetables and fruits such as grape leaves and cabbage, and preparing vegetables for cooking.
Sell used products online or at flea markets.
Ready-made clothing business without a store. You can sell ready-made clothing online, through work friends, or university friends.

There is no single method for investing money that works for everyone, as investing money varies from one person to another, from one family to another, and also depends on the location where the investment is made and the amount of capital invested.