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Islamic Finance SingaporeIFSG Logos Primary Main Rectangle e1667285566420
stock market

Stock investing

14
  • FAQ #1: Should the use of the one third ruling for Shariah screening be reconsidered?
  • FAQ #2: Does the Sharia Screening of SRI presented follows certain school of Fiqh or is it common to all schools?
  • FAQ #3: Can we say responsible investing, SRI and ESG are taken care of by Shariah compliant investments?
  • FAQ #4: Are there any investments that specifically exclude investment in illegally occupied Palestine ?
  • FAQ #5: We have some standards mentioned by scholars which give a 33% of interest but where is the source of that?
  • FAQ #6: Does index screening consider contract methods like sukuk, musharakah, mudarabah, etc.?
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Personal finance

2
  • FAQ #15: What would a very good financial habit you particularly suggest the youth could follow and gain benefit from?
  • FAQ #16: As youth, how to start Shariah-compliant investing for income, ensuring ethical choices and financial growth?
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money 2

Fiqh on money

30
  • FAQ #156: Can I donate bank interest from a late family member’s account to Wakaf?
  • FAQ #152: Is a mortgage advisor job halal?
  • FAQ #145: Is money earned from working in the IT Department of a casino firm halal?
  • FAQ #17: Is it true that CPF interest is not considered riba according to MUIS fatwa?
  • FAQ #18: What are the parameters for Darurah or Hajah?
  • FAQ #19: Why there are divergent views of allowing or not allowing to buy a 2nd property with usurious loans?
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Islamic Finance

11
  • FAQ #155: Will the Shariah Compliance of a halal ETF be affected if it uses derivatives?
  • FAQ #146: What’s the difference between an Islamic SME loan vs a Conventional SME loan?
  • FAQ #44: The direction where Islamic finance is in Singapore
  • FAQ #45: What’s the difference between an Islamic SME loan vs a Conventional SME loan?
  • FAQ #46: What is riba (usury), and what does Shariah say about it?
  • FAQ #47: How are loans associated with usury (riba)?
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Islamic Economics

3
  • FAQ #53: Can the government set a price ceiling?
  • FAQ #54: Is it permissible to buy sugar at a marked-up price during a shortage, considering certain conditions?
  • FAQ #55: Is it allowed in Islam to hoard goods and exploit price fluctuations for higher profits later?
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Commercial Matters In Islam

43
  • FAQ # 154 : Is purchasing pre-order items halal? Is it considered gharar contract?
  • FAQ #153: Is Atome Shariah-compliant?
  • FAQ #56: Are we only allowed to say “I buy” and “I sell” in concluding a transaction?
  • FAQ #57: Is a big-ticket purchase valid without saying ‘I buy’ or ‘I sell’?
  • FAQ #58: Is selling goods not in possession permissible in Islam?
  • FAQ #59: Is selling haram items, like cigarettes, allowed in Islam?
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Islamic Social Finance

2
  • FAQ #96: What is your view on the concept of Waqf Istithmar?
  • FAQ #97: How do you see waqf as a potential practice for SRI?
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Insurance

14
  • FAQ #98: Are whole life insurance plans permissible?
  • FAQ #99: Is there any company in Singapore which offers takaful (islamic insurance)?
  • FAQ #100: Is investing under Prudential permissible in Islam since they invest mostly in government bodies?
  • FAQ #101: Are there different zakat rulings for various insurance products, such as whole life and term?
  • FAQ #102: Is it true that conventional insurance involves uncertainty (gharar) and gambling (maysir) elements?
  • FAQ #103: What is your view on Malay Muslim groups who sell insurance in Singapore?
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Cryptocurrency

3
  • FAQ #112: Are cryptos classified as an asset or currency?
  • FAQ #113: What is the ruling on Binance future trading?
  • FAQ #114: Is using cryptocurrency apps offering guaranteed APY in the chosen currency permissible in Islamic finance?
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Investing For Muslims

17
  • FAQ #157: What to do with a REIT that has become Shariah non-compliant?
  • FAQ #151: Is using a bank loan to start an investment haram?
  • FAQ #115: How do I go about buying the Maybank Asian Growth & Income Islamic fund?
  • FAQ #116: Are robo-advisors halal? Like the POSB Robo-advisor/Endowus/Syfe etc
  • FAQ #117: Some investments only allows for AI, accredited investor. How do you qualify as an AI?
  • FAQ #118: From legal perspective, can business owners invest their monies on platforms/portfolios not related to the nature of their business ?
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Careers In Islamic Banking & Finance

2
  • FAQ #130: What is your view on the concept of Waqf Istithmar?
  • FAQ #131: Can i have a career in Islamic Banking And Finance without having a degree related to it?
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Zakat

4
  • FAQ #150: Can Zakat be used for making Qard Hassan (non-interest) loans to poor Muslims for their businesses?
  • FAQ #147: How to do zakat on halal Sarwa investments?
  • FAQ #132: When is zakat obligatory for someone’s wealth?
  • FAQ #133: In a joint account with a parent and child, who is responsible for paying zakat?
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Islamic Banking

7
  • FAQ #134: What’s the difference between Islamic banking accounts vs conventional banking accounts?
  • FAQ #135: Why should we support Islamic banks?
  • FAQ #136: May I know if all CIMB FDs are shariah-compliant? On their website, it is advertised as FD interest rate, rather than hibah rate.
  • FAQ 137: What’s the difference between CIMB Islamic’s Fastsaver-i and Starsaver-i?
  • FAQ #138: Is the salary earned while working in a conventional bank considered halal, given its riba-based revenue?
  • FAQ #139: Is the use of interbank rates (e.g., LIBOR) by Islamic banks permissible in calculating loans?
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Estate Planning

3
  • FAQ #141: Why is wasiat still important if we want to follow faraid anyway?
  • FAQ #142: Can one nominate faraid beneficiaries in CPF and ILP while other beneficiaries are alive?
  • FAQ #149: What’s the Islamic perspective on using Shariah non-compliant tools to amass funds for wakaf, especially when considering conventional insurance plans that pay out upon passing and subsequently nominating those proceeds to wakaf?
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Banking Careers

2
  • FAQ #143: Is pursuing an MBA relevant for career progression, and is a local or top foreign one better?
  • FAQ #144: How can an undergraduate plan a finance career while adhering to religious boundaries and ethical considerations?
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  • Home
  • About
    • Meet The Team
  • Events
    • Rizq Symposium 2025
    • Singapore Islamic Finance Forum 2024
    • Upcoming Events
    • Past Events
  • Articles
  • Resources
    • Directory on Money Matters
    • Muamalat Essentials Class
    • Academy
      • My Account
    • Islamic Finance Course
  • RizqX
  • FAQ
    • Ask Your Question
    • Questions Library
  • Home
  • About
    • Meet The Team
  • Events
    • Rizq Symposium 2025
    • Singapore Islamic Finance Forum 2024
    • Upcoming Events
    • Past Events
  • Articles
  • Resources
    • Directory on Money Matters
    • Muamalat Essentials Class
    • Academy
      • My Account
    • Islamic Finance Course
  • RizqX
  • FAQ
    • Ask Your Question
    • Questions Library