Friday, September 2, 2011

Sharia Investments

For ordinary people, investing means the process to save or invest or funds we currently have to then take the result after spending a certain time frame. While investment in the view of Islam is essentially the active form of Islamic economics.



In Islam every property there is zakat. If the property is ignored, then it will gradually consumed by the zakat. One of the lessons of this charity is to encourage every Muslim to invest his wealth in order to grow.



Investment product that has followed the provisions of the Indonesian Ulema Council or national sharia council can be classified to this type of Islamic investment. As for including Islamic investment products should follow several provisions, among them free from the practice of usury and interest, free from gharar (transaction does not clear the goods, prices, and profit sharing), to avoid the smell of gambling or speculation, protected from unlawful elements, and protected from false or unfair acts.

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