submitted by Mukhasim to UMukhasimAutoNews [link] [comments]
Section 1: Investment Universe
About: Invest your money for a fixed period (1 month up to 5 years). Get profit when period is completed
Pros: Reliable profit , Low financial risk, low Islamic risk : covered by a board of Shariah scholars
Cons: Low profit rates.
About: Collective investment - managed by investment company, protected by SA law, typically invests in equities, sukuks and property
Pros: Plenty of choice, Provided by registered Financial Service Providers, Sharia Boards , diversification
Cons: Typically High fees, .
About: Collective investment
Pros: low fees, Provided by registered Financial Service Providers, Sharia Boards , diversification
Cons: only one option in SA, heavily weighted on Resources
About: Pick your own stocks off the exchange
Pros: High profit potential,
Cons: Very Risky, No Islamic oversight (hence need to do your own screening)
About: Tried and test property
Pros: Stable Asset, Tangible, Straightforward, Zakah benefits,
Cons: High capital outlay, expensive legal costs (transfebond registration) , Not very liquid,
About: Customized Wealth management and investments
Pros: Professional advice, custom solution
Cons: Available exclusively to high net worth individuals, Investment advise appears to be fee based
Section 2: Definitely not halal
Section 3: Grey Areas
Section 4: ConclusionI sincerely hope this helps , and encourages to invest in the Islamic world.
https://preview.redd.it/mbxp2b1b7fx31.png?width=700&format=png&auto=webp&s=b2090c27061fd3f9d20cb8c4bff9105b17e2ff4fsubmitted by smarttradecollege to u/smarttradecollege [link] [comments]
Learn to trade in foreign exchange. Forex trading is based on the exchange rates of different currencies that trade against each other.
JSE (Share) trading
This comprehensive online course offers wits and wisdom on how to shop for opportunities on the South African securities exchange.
Trading commodities offers you the opportunity to diversify your portfolio beyond the traditional securities for both the long and short term.
Understanding your live trading platform
Learn how to configure and setup to effectively apply and interpret through technical analysis.
Personalised mentoring with a Trading Specialist
You deserve only the best. We partner with only the best to help you help yourself make the most of your trading experience.
Get crucial information on the Forex market, such as the conditions and or factors that may influence pricing. Get data with insights to help you make sensible decisions.
|Department of Education||17.75%||$53,250,000,000.00|
|Department of Health||13.34%||$40,000,000,000.00|
|Department of National Defense||8.67%||$26,000,000,000.00|
|Defense Research & Procurement||1.30%||$3,900,000,000.00|
|Department of Public Works and Highways||9.42%||$28,250,000,000.00|
|Department of Social Welfare and Development||8.17%||$24,500,000,000.00|
|Department of Science and Technology||8.17%||$24,500,000,000.00|
|Department of Interior and Local Government||5.00%||$15,000,000,000.00|
|Department of Agriculture||3.83%||$11,500,000,000.00|
|Department of Transportation and Communications||3.33%||$10,000,000,000.00|
|Department of Finance||2.58%||$7,750,000,000.00|
|Department of Environment and Natural Resources||2.58%||$7,750,000,000.00|
|Energy Transition Plan||5.58%||$16,749,000,000.00|
|Sulu, Friendship, and Solomon Tunnels||5.73%||$17,198,571,428.00|
|National Battery Banks||2.50%||$7,500,000,000.00|
|Foreign Exchange Reserve Deposit||2.03%||$6,097,010,285.71|
$1,660,000,000 to South Africa for purchase of goldNew foreign exchange reserves: $57,909,390,255
$1,000,000,000 to Japan for space elevator
Maximum Gold reserves: 2335.0 tonsThese two values exist in an undefined equilibrium due to the gold standard. Some portion of the printed PHP is temporarily out of circulation after being exchanged for gold, and likewise some portion of the gold reserves is currently circulating in the economy. With growing forex reserves and no balance of payments crisis in the foreseeable future, it is unimportant to establish the exact figures.
Maximum M0 : 4,662,722,282,000 PHP
The South African Rand (ZAR) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT. Use links ... This currency rates table lets you compare an amount in South African Rand to all other currencies. Skip to Main Content. Home; Currency Calculator; Graphs; Rates Table; Monthly Average; Historic Lookup; Home > South African Rand Exchange Rates Table South African Rand Exchange Rates Table Converter Top 10 Nov 11, 2020 16:13 UTC. South African Rand ... Exchange Rates South Africa has developed some easy to use forex calculators. These forex calculators are totally free to use and should give you a good idea what the current exchange rate is. These rates are updated daily and can be a handy tool when planning for overseas travel or when one want to buy something in a different currency. South African Rand exchange rates and currency conversion. South Africa currency (ZAR). Track Rand forex rate changes, track Rand historical changes. Directory of best currency transfer providers, compare to exchange rates when sending money from South Africa The South African Rand is the currency of South Africa. Our currency rankings show that the most popular South Africa Rand exchange rate is the USD to ZAR rate. The currency code for Rand is ZAR, and the currency symbol is R. Below, you'll find South African Rand rates and a currency converter. Banks and Centralbank exchange rates for today in South Africa. Visa and MasterCard exchange rates. Currency Converter. Charts This is one of the ways exchange rates affect you. You can search on Google to find the exchange rate of the South African rand to foreign exchange for any given day. As mentioned above, you can use forex rates ABSA, forex rates Nedbank, forex rates FNB or forex rates Standard Bank tools to check the forex rates South Africa.
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