Alsalam Alikum,

How to start investing small amount of money like $500 or $1000 in Halal way? I'm still a student and looking to invest some of my savings. Your ideas/help are appreciated.

Thanks & Regards

Monther

Email: m_enayah@hotmail.com

Comments

Fri, 2009/06/19 - 10:08

A/S.

I would suggest you start with buying Sharia-compliant mutual funds. You could set it up to buy may $50 or $100 per month so you are dollar-cost averaging. Amana Funds might be a good option for you.

My firm can also help if you need further assistance. Check out www.shariaportfolio.com.

Regards,
Naushad