{"id":56790,"date":"2023-07-04T12:51:29","date_gmt":"2023-07-04T04:51:29","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=56790"},"modified":"2024-01-30T16:29:55","modified_gmt":"2024-01-30T08:29:55","slug":"halal-investing-in-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/halal-investing-in-malaysia","title":{"rendered":"What Is Halal Investing And How You Can Be Part Of It"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-56978 alignnone\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/11145424\/in-partnership-with-fundingocieities-300x31-1.jpg\" alt=\"\" width=\"277\" height=\"40\" \/><\/p>\n<p>You might have heard of the term \u201cHalal Investing\u201d floating around recently. That\u2019s because Malaysia has been taking steps in making our country the destination for Halal-based businesses.<\/p>\n<p>The <a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2023\/03\/23\/halal-industry-to-expand-to-us1132bil-by-2030-gdp-contribution-81-by-2025---tengku-zafrul#:~:text=KUALA%20LUMPUR%3A%20Malaysia's%20halal%20industry,Plan%202030%20(HIMP%202030).\" target=\"_blank\" rel=\"noopener\">Halal industry is expected to grow to $113.2 billion by 2030 and will contribute at least 8.1% towards GDP in 2025<\/a>. This industry is growing from strength to strength. The <a href=\"https:\/\/www.hdcglobal.com\/wp-content\/uploads\/2020\/02\/Halal-Industri-Master-Plan-2030.pdf\" target=\"_blank\" rel=\"noopener\">Halal Industry Master Plan 2030<\/a> has led to a <a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2023\/03\/08\/demand-for-syariah-compliant-instruments-rising\" target=\"_blank\" rel=\"noopener\">rising demand for Islamic-based financing and Shariah-compliant investments<\/a>.<\/p>\n<p>So, if you\u2019re thinking about jumping into Halal Investing, we\u2019re here to help you by telling you what it all means and how you can be part of it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Understanding-Halal-Investing-and-what-it-is\"><\/span>Understanding Halal Investing and what it is<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In its simplest form, Halal Investing is essentially <a href=\"https:\/\/www.imoney.my\/articles\/investment-guide-you-have-rm1000-now-where-do-you-invest-it\" target=\"_blank\" rel=\"noopener\">investments<\/a> that are Shariah-compliant and more recently, a form of socially responsible investing.<\/p>\n<p>As it is a form of investment based on Shariah principles, they must follow the key tenets of Islam that protect and preserve the areas of religion, life, intellect, family, and property.<\/p>\n<p>With those key tenets in mind, you can think of Halal Investments to comprise of the following points:<\/p>\n<ul>\n<li>It is asset-based investments<\/li>\n<li>It should not include riba\/usury (unjust, exploitative gains)<\/li>\n<li>It should not include activities that are considered Haram or unlawful in the tenets of Islam (marketing\/manufacture of alcohol, pork and pork products, etc.)<\/li>\n<li>Gambling or any form of Gharar is prohibited.<\/li>\n<\/ul>\n<div class=\"block block--info\"><div class=\"block__title\">Can Non-Muslims Take Part In Halal Investing?<\/div><div><\/p>\n<p>The short answer is YES.<\/p>\n<p>While halal investment guidelines are used by Muslims to make sure that their investments follow Islamic principles, it does not mean that the investment options are only restricted to Muslims.<\/p>\n<p>Everyone can take part in Halal Investing, especially if they are interested in ethical investing.<\/p>\n<p><\/div><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The-different-types-of-Halal-Investing\"><\/span>The different types of Halal Investing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now that you understand the principles of Halal Investing, what exactly are the types of Halal investments that you can participate in?<\/p>\n<p>Compared to how it was before, there are now a ton of options available that you can invest in while still adhering to the guidelines within Halal Investing. Here are some of them:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Funds-and-Unit-Trusts\"><\/span>Funds and Unit Trusts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Funds such as mutual funds and <a href=\"https:\/\/www.imoney.my\/unit-trust-investments\" target=\"_blank\" rel=\"noopener\">unit trusts<\/a> can fall within halal investments if they match halal principles. Amanah Saham Nasional Berhad (ASNB) or Tabung Haji are some of the more well-known Islamic funds available in Malaysia.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sukuks\"><\/span>Sukuks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In Islamic finance, Sukuk is similar to bonds but differs in the fact that it is not debt-based. For conventional bonds, investors generally get profit from interests based on the loan (which is haram). For Sukuk, the investors profit from the investment income, which ensures it remains halal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shariah-compliant-stocks\"><\/span>Shariah-compliant stocks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Stocks are acceptable as a form of Halal Investment, provided they are Shariah-compliant. Just make sure that the company does not operate in prohibited industries or is considered an excessively risky investment, then it\u2019s perfectly acceptable to add them as part of your portfolio.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Gold-or-precious-metals\"><\/span>Gold or precious metals<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/www.imoney.my\/invest-gold#:~:text=With%20a%20gold%20investment%20account,is%20your%20profit%20or%20loss.\" target=\"_blank\" rel=\"noopener\">Gold<\/a> (or any form of precious metals) can be a type of Halal Investment and is a fairly common form of investment that many Malaysians participate in.<\/p>\n<p>There are several ways that you can start investing in gold, either through an exchange-traded fund (ETF), digital gold (e-gold, gold investment account), or by just getting physical gold (coin, bar, jewellery) itself.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Introducing-Funding-Societies-A-platform-for-Halal-Investing\"><\/span>Introducing Funding Societies: A platform for Halal Investing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As you can see, there are a lot of options when it comes to halal investments but choosing one that best suits your needs can be overwhelming.<\/p>\n<p>This is where Funding Societies come in with its Guaranteed Islamic Investment Notes (GN-i).<\/p>\n<p>Funding Societies understands the demand for Islamic investment products in Malaysia and they aim to bridge this gap with their latest offering.<\/p>\n<p>With GN-i, you can start your journey towards Halal Investing with confidence as the product is structured based on Commodity Murabahah (via Tawarruq arrangement).<\/p>\n<p>Why invest in GN-i? Because of the unique benefits that you get to enjoy when you invest in the new Funding Societies product:<\/p>\n<ul>\n<li>100% Shariah-compliant investment notes<\/li>\n<li>Guaranteed principal and returns up to 8%* p.a.<\/li>\n<li>Investment tenor of up to 24 months<\/li>\n<li>Low entry of investment starting from RM100<\/li>\n<li>Stable and low-risk returns<\/li>\n<\/ul>\n<p><em>*Before service fees and taxes<\/em><\/p>\n<p>What\u2019s more, Funding Societies makes it easy for you to get started with an easy online registration process and a seamless investing experience through its mobile application.<\/p>\n<p>The movement towards Halal Investments will continue to grow as Malaysia expands its halal industry. With Funding Societies\u2019 GN-i, you can be part of the movement and diversify your portfolio with investments that are aligned with Shariah principles.<\/p>\n<div class=\"block\"><div><\/p>\n<p><strong>Start your Halal Investment journey today by checking out Funding Societies&#8217; offers <a href=\"https:\/\/www.imoney.my\/online-investment?src=menu_dropdown\" target=\"_blank\" rel=\"noopener\">here<\/a>. Or learn more about their <a href=\"https:\/\/fundingsocieties.com.my\/guaranteed-islamic-investment-notes?utm_source=imoney&amp;utm_medium=blog&amp;utm_campaign=my_inv_brand_gni_imoney\" target=\"_blank\" rel=\"noopener\">Islamic investments<\/a> and their <a href=\"https:\/\/fundingsocieties.com.my\/\" target=\"_blank\" rel=\"noopener\">Islamic financing solutions<\/a>.<\/strong><\/p>\n<p><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Halal investing can be a great way to diversify your portfolio.<\/p>\n","protected":false},"author":47,"featured_media":56799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,347,236],"tags":[208,1075,1076,997,1064,557,1074],"class_list":["post-56790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-islamic-finance","category-sponsored","tag-featured","tag-halal-industry","tag-halal-investments","tag-islamic-financing","tag-islamic-investments","tag-shariah","tag-shariah-investing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Understanding Halal Investing In Malaysia<\/title>\n<meta name=\"description\" content=\"Can your investments be Shariah-compliant? 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