Good-Guy
VIP Contributor
There are many kinds of invest opportunities in the world. You can invest in the stock market and you can even invest money in the cryptocurrency market. Investment is pretty wide filed and there could be different kinds of investment strategies that are usually made by the investors in order to get benefited the most. Many people consider stock market and cryptocurrencies market a better place to invest money, but there are many risk factors associated with investing in such kind of markets . Right now the cryptocurrency market is bleeding really badly due to the problems between Russia and Ukraine.
I am not sure when this situation will improve, but it will eventually get better. Apart from that, the stock market is also not in a better condition either as the stocks are losing value due to Covid-19 pandemic. I consider Islamic investment programs as the best investment program because they do not involve interest at all. According to the Islamic investment system, the rich person should give 2.5 percent of their total assets value as charity (Zakat) to the poor. Avoiding interest relieves borrowers from paying heavy interest rates and the profits are based on trading and business only. I am planning to invest money in an Islamic bank after I save enough money.
I am not sure when this situation will improve, but it will eventually get better. Apart from that, the stock market is also not in a better condition either as the stocks are losing value due to Covid-19 pandemic. I consider Islamic investment programs as the best investment program because they do not involve interest at all. According to the Islamic investment system, the rich person should give 2.5 percent of their total assets value as charity (Zakat) to the poor. Avoiding interest relieves borrowers from paying heavy interest rates and the profits are based on trading and business only. I am planning to invest money in an Islamic bank after I save enough money.