Book: Virginia Morris and Brian Ingram: Guide To Understanding Islamic Investing

Virginia Morris and Brian Ingram have authored abook on Islamic Investing.

This first-of-its-kind guide provides the information and guidance that Muslims need to make informed investment choices while conducting their financial lives in accordance with Islamic principles. A concise 64 pages, the guide is an ideal introduction for Muslim investors, as well as an essential resource for financial professionals who work with Muslim clients.

With a foreword by Shaykh Yusuf Talal DeLorenzo, an internationally recognized Shariah scholar, the Guide examines the issues that confront Muslim investors, including the distinction between investments that are halal and those that are haram—and the screening process that determines which stocks or mutual funds are acceptable investments.

Rushdi Siddiqui, Director, Dow Jones Islamic Market Index Group
"A
must for Islamic investors as it addresses permissibility of stock
investing, Shari'ah screening, NAV, purification, and zakah
calculation."

You can read more about it from the publisher, Lightbulb Press.

Targeting the five to seven million Muslims living in the United States, but also being marketed in other countries with large Islamic populations, the guide details how Islamic principles may impact a Muslim’s investment decisions and outlines current scholarly thinking on the acceptability of certain practices.

Globally Muslims hold an estimated $150 billion in investable assets, which are projected to grow at a rate of 15 to 20 percent annually. A large portion of those assets currently are not invested due to the complexities of navigating modern financial markets while adhering to Islamic teachings about financial matters. Muslims in the US comprise half of the worldwide Muslim investing population.

"Investing is one way in which Muslims can be good stewards of their money, as promoted by the teachings of Islam," stated Shaykh Yusuf Talal DeLorenzo, an independent Shariah scholar. "This guide helps Muslims understand how they can put their money to work while standing firm in their Islamic beliefs."

Here is the Amazon link to Guide to Understanding Islamic Investing.