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Investment for risk averters



Hello readers, how are you all doing? I hope good. Today I will be advising risk averters on how to invest their money. Or are you one of them, yes you?🙃 You know  I would not tell you to put your money in a conventional bank or treasury bills and the likes, I hate interest because Allah hates interest. You should hate it too. 

Staying away from interest in this life will be beneficial in this life and the hereafter as long as you are a practising muslim, mashAllah (what God has willed). They may look good because you know you will get your money back with the interest, well, receiving interest will only lead you to hell-fire if you do not stop collecting it. May Allah protect we muslims from hell-fire, Amin. If you are not a muslim, you should become one. That is the only way to make heaven.

Those conventional banks where some people put their money into lend the money to other people with high interest rates (there should be no interest rate) and do not care whether the people they lend the money make losses or profits, they do not care, they just want their money with interest. I am sure you have heard about people losing their houses because it was used as a collateral for the debt they took. 

That is why you should only invest in halal securities, put your money in an Islamic bank where losses and profit will be shared by both parties. You could analyse the financial statements of the Islamic bank you want to put your money in, (there is nothing wrong with that). Just to know they have been performing well. You should carry out financial analysis for any business or company you want to invest in. I know not everyone will be able to that, I would write an article on it soon, inshaAllah. However, you should still bear in mind that you could lose some money. It sounds like only risk seekers will put money in a savings account in an Islamic bank. But I will advise risk averters  to put money in an Islamic bank too cause conventional banks are a no no.

Gold is another form of investment that is good for risk averters. It appreciates, however it also depreciates if it is purchased with the aim of selling within a short period. However, if you intend to buy and keep it for a long term, it appreciates greatly. You can read my previous article on gold.

Everything should be done seeking the pleasure of Allah. Part of seeking the pleasure means hoping for a reward from Him in this life and the Hereafter. Everything happens according to the will of Allah (you have freewill, therefore, you are responsible for your actions).

Halal means anything lawful Islamically.

Alhamdulillah (Praise be to Allah). May Allah send peace and blessings to Prophet Muhammed (P.B.U.H). Thank you for reading this article. Like this page on facebook. Keep reading this blog regularly. Cheers!

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