Not all stocks available confirm to Islamic principles. Therefore, a Muslim investor is faced with the dilemma of selecting stocks fromthe thousands of available companies.
Regular research available on the web does not address this aspect, at least up till now.
We are currently planning to have a section on this web site to help Muslims decide whether they should invest in a certain stock or not, and other Muslims would also contribute their findings, so everyone would benefit from the combined research of the whole community.
This will be organized by the stock symbol (ticker), and should include the following:
- Rate a stock from the Islamic point of view.
- Add comments on stocks that you have researched.
- Read what others have to say about this stock and other stocks.
As time passes by and users rate more and more stocks, people would benefit from others' experiences, and perhaps certain companies wouldbe willing to change their business activities and financial practices in order to attract more Muslim investors, benefiting both sides, the individual Muslim investor and the company.
If you have ideas on what you like to see in this section, please add your comment below, and we will take it into consideration.