Practical Islamic Finance
@PracticalIF
Followers
3,724
Following
286
Media
275
Statuses
1,730
Your guide to halal investing & Islamic finance | Helping thousands generate halal alpha with | led by Rakaan Kayali, CFA
Columbus, Ohio
Joined June 2021
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
#บางกอกคณิกาep4
• 329240 Tweets
WE MUV ML
• 104117 Tweets
Colin
• 65649 Tweets
Apolinho
• 59180 Tweets
RPWP CONCEPT PHOTO 3
• 52503 Tweets
#세븐틴만_아는_SPELL로_주문거네
• 50741 Tweets
Silvio Luiz
• 40903 Tweets
KING KONG CONCEPT SPOILER
• 37476 Tweets
Ultimate Team
• 33138 Tweets
JUNHUI
• 28088 Tweets
Boebert
• 27889 Tweets
Blake
• 24223 Tweets
D-3 TO CHEESE
• 18029 Tweets
#岩本照誕生祭2024
• 17134 Tweets
2NE1
• 13590 Tweets
#SelahattinDemirtaş
• 11149 Tweets
Pinned Tweet
I've generated over 100% return for PIF Growth Portfolio followers since the start of the year.
Here’s the Quranic verse that is the secret to my success. 🧵
8
9
142
Every Ex-Muslim’s story:
My dad was Sheikh Al-Azhar, and my uncle fought in Badr.
I left Islam because of my superior morality.
I was persecuted but barely escaped.
“Wow, that’s amazing, do you mind reciting Surah al-Fatiha for us?”
Anyway, here’s my book, “Islam is Evil”
115
203
1K
@IsraelinCanada
@Israel
@IsraelMFA
@CanEmbIsrael
Guys chill, if stealing land isn't a problem with these folks you think they're going to find shame in stealing food?
I mean what did you expect?
7
49
1K
1400 years ago the prophet Muhammad Pbuh laid the foundations for a healthy relationship with money.
Here are four insightful Hadiths where he did this:
10
155
684
Sa'd reported: The Prophet, peace and blessings be upon him, visited me while I was ill in Mecca. I said, “I have some wealth. May I donate all of it?” The Prophet said, “No.” I said, “Half of it?” The Prophet said, “No.” I said, “A third of it?”
5
73
553
Afghanistan now has the best balance sheet on Earth.
The Taliban paid the entire $627 million electricity debt of Afghanistan to foreign countries.
415
3K
22K
15
53
537
Riba appears to increase wealth but destroys it.
Zakat appears to reduce wealth but increases it.
#zakat
#islamicfinance
9
104
460
The Prophet said, “Yes a third, but a third is a lot. Leaving your inheritors wealthy is better than leaving them dependent, begging for what people have. Whatever you spend on them is charity for you, even the morsel you feed to your wife.”
Source: Ṣaḥīḥ al-Bukhārī 5039
6
39
408
The IMF will not like that Afghanistan is trying to be self-reliant. Good!
I'm really optimistic about Afghanistan.
#AfghanistanRising
#inshaAllah
A desert in northern Afghanistan is being turned into the largest agricultural region. The Islamic Emirate of Afghanistan is tackling food security issues head on by building the
#Qushtepa
canal.
#AfghanistanRising
44
225
2K
12
44
322
Zakat is underappreciated.
On the surface, it is simply a means to help the poor and needy.
Look deeper and you'll uncover many other profound and overlooked positive impacts of Zakat.
Here are 5 examples:
6
87
284
@mohammed_hijab
I'm very curious to know what possible utility can come from asking the internet this question?
7
0
236
True "Generational Wealth" is the fear of Allah.
Pass it on to your children and they'll lead happy and meaningful lives.
#islamicfinance
5
51
246
"Whoever wakes up in the morning secure in his dwelling, healthy in his body, having his food for the day, then it is as if the world has been gathered for him."
-Prophet Muhammad PBUH
3
36
243
@dkayofficial_
I’m so impressed with the Muslim debater. Articulate, respectful with cogent arguments.
3
4
186
@Criter10n
Feminism is perhaps the most anti-women movement that ever existed.
No movement has contributed more to women's suffering.
8
14
150
The day is either won or lost based on what you do before 10 a.m.
9
15
137
This year, the United States had planned to allocate $349.43 per person to Israel.
Recently, this amount was raised to $1,189.12 per Israeli.
For context, 38 million Americans are currently living in poverty.
Last year, approximately 582,000 people in the U.S. faced
6
57
139
"Allahu Akbar" doesn’t mean "Allah is great”.
It means “Allah is greater”.
The latter is much more profound.
People translate it to “Allah is great” because saying “Allah is greater” sounds wrong. It feels like the sentence is missing an ending. Greater than what??
However,
10
23
136
There are two types of loans in Islam:
1- Charitable loans (Halal)
2- Ribawi loans (Haram)
There is no third kind.
For-profit "Halal debt financing" is an oxymoron.
No different than zabiha pork or halal alcohol.
#halalinvesting
14
26
138
@5Pillarsuk
Supply and demand determine price as the prophet Pbuh taught us.
The problem is with the audience that values kicking a ball skillfully so highly.
9
6
131
Prophet Muhammad (PBUH) said, "If you trust Allah with the right kind of trust, He will provide you sustenance as He provides for the birds—they go out in the morning with empty stomachs and come back in the evening with full stomachs." (Narrated by Tirmidhi)
3
7
131
10 Rules to Keep Your Investing Halal:
1. Purify your intentions.
2. If it’s haram to consume, it’s haram to invest in.
3. Avoid Riba [Interest on debt].
4. Avoid Al-Maysir [Gambling].
5. Avoid Gharar - Never buy something that isn’t clearly defined.
6. Avoid "guaranteed
8
30
124
@CensoredMen
This is why mothers should make their career raising their children.
If they don’t do it, someone else will.
5
8
122
@spectatorindex
further proving that israel prefers the suffering of Palestinians over the safety of their own people. vile.
1
9
112
I've long been critical of today's Islamic mortgages, calling for major reforms.
Despite this, I've seen them become even more entrenched, often using obfuscation to appear riba-free.
@IFguru
has a different view.
They made a video not too long ago defending the current
18
35
107
2. Seek security in Allah swt, not your wealth.
1
5
100
Anas bin Malik narrated that the Messenger of Allah (ﷺ) said:
"Whoever makes the Hereafter his goal, Allah makes his heart rich, and organizes his affairs, and the world comes to him whether it wants to or not...
6
17
101
1. Intention is everything.
Prophet Muhammad (PBUH) said, "Actions are judged by intentions, and every person will be rewarded according to their intention."
1
5
95
@freemonotheist
It's a terrible structure that is insane to put next to the Kaaba as it draws attention away from it.
9
0
98
A Muslim's retirement comes after death.
Planning for it means leading a righteous life.
5
16
94
Striving to become rich is neither inherently good nor bad.
The verdict is very much a function of your intentions.
Why do you want to be rich?
To do good?
Good.
To satisfy your arrogance? greed? addictions?
Bad.
Adjust your intentions or change your goal.
1
1
89
Prophet Muhammad (PBUH) said, "Richness does not lie in the abundance of (worldly) goods but in the richness of the soul (heart, self)."
2
6
89
Without more debt, the current financial system will die.
With more debt, the current financial system will die.
The current financial system will die.
#islamicfinance
8
16
88
I put together a 40-minute guide to get you started in Halal Investing.
Step-by-step and easy to follow, enjoy! 📈🕌
0:00 Intro to Course and Topics Covered
3:34 Planning Your Financial Trip
8:55 Gaining an Edge in Investing
12:30 A Primer on Stocks
20:40 Are Stocks Halal?
4
15
85
@probsnotspam
@IsraelinCanada
@Israel
@IsraelMFA
@CanEmbIsrael
natives weren't dispossessed of their homes and land and replaced with foreigners.
Think before you post.
4
0
74
Prophet Muhammad (PBUH) said, "Beware of greed, for it was greed that destroyed those who came before you. It commanded them to be miserly and they did so. It commanded them to sever their family ties and they did so. It commanded them to behave wickedly and they did so."
1
5
81
Our ultimate dependency should be on God, not on our wealth.
This perspective can help us avoid an unhealthy attachment to wealth and the anxiety that often accompanies it.
1
1
79
Your reminder that:
1- Reading Quran
2- Praying Fajir in Masjid
3- Connecting with loved ones
4- Lifting
5- Hiking/walking
6- Learning
7- Volunteering
Aren’t subject to inflation. Enjoy them.
#muslim
1
9
77
The Palestinian issue is extremely complex.
On par with quantum physics, relativity, and understanding the nature of the human soul.
What is the Palestinian issue you ask?
They want freedom.
No one knows how to solve this.
Don’t even try, too complicated.
#FreePalestine
10
8
73
Greed drives people into selfishness, misery, and evil.
Don’t sacrifice your relationships and your character in pursuit of wealth.
1
1
69
You'll want to listen to my in-depth discussion with the Secret Muslim Banker
@SecMuslimBanker
We discussed the future of investing, the role of Bitcoin, and the current state of Islamic finance.
His voice was altered to preserve his anonymity.
0:00 Teaser
1:55 Secret Muslim
5
20
71
True wealth lies in feeling wealthy.
Feeling wealthy is mostly determined by your perspective and what you choose to focus on as opposed to how many material possessions you've managed to gather.
2
2
67
Few people on Earth understand Bitcoin as well as
@saifedean
does. He was kind enough to explain his enthusiasm for Bitcoin's "Number go up technology" and the positive impact it will have on humanity, enjoy!
3
11
62
Which halal fund is the best?
I compared:
1- Amana (AMAGX)
2- Wahed (HLAL)
3- Iman (Imanx)
4- Sharia Portfolio (SPUS)
5- Azzad (ADJEX)
Based on the following criteria:
1- Returns
2- Volatility
3- Fees
4- Sharia Compliance
The results are in the below video:
#halalinvesting
7
6
64
If you know you know
Saudi Arabia Deserts around the holy cities have been turning green
711
4K
53K
2
7
63
Without more debt, the current financial system will die.
With more debt, the current financial system will die.
The current financial system will die.
10
13
61
@ShahidkBolsen
“Being clothed and covering your nakedness is only for the dignified”
Alhamdulillah for Islam which has insisted on dignifying women.
4
4
55
A mother
3
6
60
@jordanbpeterson
@RashidaTlaib
You also don’t want to be a rational actor so your acceptance or rejection of anything is meaningless.
0
0
57
4. Everyone can be wealthy if they choose to be
1
2
55
In a world obsessed with money either out of fear, greed, or arrogance, the financial teachings of Prophet Muhammad (peace be upon him) offer an essential source of comfort for the anxious.
Here are 10 hadiths that lay the foundations for a healthy relationship with money...
9
17
54
@anwaar_kakar
What about Imran Khan? Are you only deeply sorrowed when something happens to someone who has authority over you?
4
1
48
If Allah and His Prophet (pbuh) have clearly addressed an issue, there is no need to cite scholars' opinions, which is often used to obfuscate what revelation has already made clear.
Interest on debt is haram.
1
5
50
This might be the dumbest famous quote of all time.
An eye or an eye doesn't make the whole world blind.
Rather, it leaves two individuals—one the victim, the other the aggressor—each missing one eye, and it instills a profound lesson in would-be criminals, encouraging them to
"An eye for an eye makes the whole world blind." - Gandhi
3K
2K
20K
0
4
50
@elonmusk
A rather dumb attempt to curry favor with the Israeli lobby.
Coming from one of the most powerful people on earth you can start to understand the lobby's control over basically everyone with any amount of influence.
1
2
48
For years I've debated people online.
Never once has anyone admitted they were wrong.
Stop wasting your time arguing with randos who aren't bound by facts or logic.
Instead, focus your energy on becoming someone whose opinion matters.
Let Allah take care of the rest.
6
4
46
$1 invested in bitcoin in 2009 is now worth $91 million
$1 invested in gold in 2009 is now worth $2
#Bitcoin
4
7
48
The level of barakah in your wealth directly correlates with how honest you were when you acquired it.
#halalinvesting
1
6
45
They say your network is your net worth.
Therefore, don't forget to make a connection with your creator.
It's the most valuable connection you can hope to make.
#networking
1
9
42
Here's why Bitcoin will NEVER be a currency
#Bitcoin
#currency
#btc
#bitcoiner
#halalmoney
#islamicfinance
#halalstocks
#halalfinance
#halalinvestment
#halalinvestor
#halalincome
#halalinvesting
#halal
130
5
38
Use 3-factor authentication to protect your funds
The third factor is giving to charity
If you know you know
1
1
42
Ramadan Mubarak to everyone.
Thank you so much for your love and support over the years.
Let's remember that we only have a limited number of Ramadan's left in our lives and let's make the most of this one.
#RamadanKareem
2
5
42
Bitcoin seems to have checkmated the fiat system.
If you accept the premise that the banking system is generally insolvent, Bitcoin stands to benefit regardless of what happens:
If more banks fail, this would underscore the shortcomings of banks as reliable custodians.
If
3
13
40
Islam: "Avoid leverage, shorting, and derivatives."
Every successful investor: "Avoid leverage, shorting, and derivatives."
#halalinvesting
#islamicfinance
0
5
38
1400 years ago a challenge was issued.
If the Quran is man-made then write something just as good or better.
To this day noone has come even close.
This can be objectively verified by the fact that the Quran is still the most read book on Earth.
2
5
39
The truth is … all crypto coins are meme coins
10
2
39
The true answer is: If you don't already have enough, you never will.
"If the son of Adam had a valley full of gold, he would want to have two valleys." -prophet Muhammad pbuh
What is your "enough" number?
How much money do you need in your bank account to feel like you're done?
453
12
272
0
2
38
Alhamdulillah I’ve reached 50k on YouTube.
Thank you for your support!
It took me 5 years to get my first 50k.
How can I reach 100k in the next 5 months?
Any thoughts on topics, approaches I should try?
#buildinginpublic
10
2
38