Why not sharia-compliant products? Arent they 'vetted' by muslim mullahs?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

jus giv th dallas to mi. i'll put them into thoroughly gd use

lethargy bordering on sloth remains the cornerstone of our investment style..
-w. buffet-

I think offshore Investment is better. I am in the Middle East and the banks down here are offering lots of 'Sharia Compliant' products from 'Sharia Compliant Mutual Funds' of various types to 'Murabaha / Musharaka/ Tawaruk' and the likes. So u have lots of places to invest. But remember this does not guarantee u a cool return. there are always ups and downs. I believe one of the Islamic ruling is that 'There should be NO GUARANTEING of profits' It's believed that a business can go up or down and as such u must share the two as and when they happen...hakuna kusema nataka faida pekee!!! No way..u must b ready to share the Pleasure and the Pain which ever happen. Remember these products are called 'Sharia Compliant' not bcse the bankers want them named so lakini it's from a committee of 'SHEIKHS' (who are also appointed by the banks) that are well known in the Islamic world. the shaikhs sit and audit the transactions involved deeply and then decide on whether they comply with the Islamic sharia. So u should not fear them they are well supported by the 'Ulamas'.

BUT WHY go all that way when u have lots of 'HALAL' things to invet into? You have real estate ...ama is it haram? Find a good plot somewhere and start construction. If u have enough time then go into Biashara like a supermarket etc. If u r interested in construction then lets join hands,come up with something cool 'Sharia Compliant' and offer it to our fellow Kenyans...Pls reply here...if u r interested.



DONT'T SAVE WHAT IS LEFT AFTER SPENDING; SPEND WHAT IS LEFT AFTER SAVING.

hi,

i am already working with my parents but would not like to expand in their business.

i would like you to give me ideas on what business to go into.

more of something to import in container loads and sell off in one week. payment can come later. i can import from anywhere. i have all the facilities available to import goods in container loads. just need the ideas.

@ all. thanks. buying a plot crossed my mind but again its a hassle taking care of a plot for soo many years

http://www.bloomberg.com...87&sid=aMNCQAnrk1ok

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB