Is the principle of banking in Islam possible?

The following is my answer to a Quora question: “Is the principle of banking in Islam possible?” Islamic banking has two primary principles: the equitable sharing of profit and loss in any venture, and the prohibition of riba’, usury. In principle, these are equitable considerations, and praiseworthy. The contentions of Islamic banking is not theContinue reading “Is the principle of banking in Islam possible?”

The current reality of ILPs, and why you shouldn’t be naive

[This post is written in response to the article Young Millenial POV: Why I Bought (And Cancelled) Two ILPs] For an article that’s written in 2022, the writer is out of touch with the reality of ILPs (investment-linked policy). There are generally 2 types of ILPs: Traditional ILP 101 ILP Traditional ILP is the planContinue reading “The current reality of ILPs, and why you shouldn’t be naive”

Staying invested with a flexible fixed income approach..

Staying invested with a flexible fixed income approach as inflation bites, an article on JP Morgan’s Income Strategy in navigating the current market environment. While it is a sponsored content, it is a good read. A flexible fixed income approach, to me, would also include a multi-asset fund(s) or portfolio. The key is to stayContinue reading “Staying invested with a flexible fixed income approach..”

Why should you have a concentrated portfolio versus a diversified one?

The following is my answer to a Quora question: “Why should you have a concentrated portfolio versus a diversified one?” A concentrated portfolio consists of a few specific equities and derivatives for the sole purpose of surpassing the benchmark. It maximises potential gain at the expense of very high risk. It works when you makeContinue reading “Why should you have a concentrated portfolio versus a diversified one?”

Will Agribusiness Bonds do well amidst pandemic?

Climate change will cause a profound impact on our food security. Agricultural areas are at risk from the effects of temperature changes. Changes in ocean currents and temperatures will affect fishing and fisheries. Desertification is a risk for many areas. This means the price of putting food on the table will rise, even as qualityContinue reading “Will Agribusiness Bonds do well amidst pandemic?”

“Is Islamic banking viable?”

The following is my answer to a Quora question: “Is Islamic banking viable?” If by viable, you mean to ask if there is there a market for it, then it is because enough people believe in it for it to exist. It is a growing field, and it is evolving. If by viable, you meanContinue reading ““Is Islamic banking viable?””

“Which one is better: a monthly contribution to income protection, or investing the same money every month?”

The following is my answer to a Quora question: “Which one is better: a monthly contribution to income protection, or investing the same money every month?” That depends entirely on your intent, and your need. In the beginning, you need some sort of liability protection, and coverage for loss of income. Pure investment does notContinue reading ““Which one is better: a monthly contribution to income protection, or investing the same money every month?””

“What is better: a stock or a mutual fund?”

The following is my answer to a Quora question: “What is better: a stock or mutual fund?” When you buy stock, each stock is the purchase of shares in individual companies. The advantage is that gains are more easily realised. In effect, a gain in share price may give you a potential profit may timesContinue reading ““What is better: a stock or a mutual fund?””

“My mortgage is late. Should I call my bank and explain why?”

The following is my answer to a Quora question: “My mortgage is late. Should I call my bank and explain why?” Yes. When it comes to taking loans from any financial institution, it is always important to be in constant communication and update them. A bank can tolerate late payment if they understand the reasonContinue reading ““My mortgage is late. Should I call my bank and explain why?””

“What are the advantages of investing in a money market mutual fund over a savings account?”

The following is my answer to a Quora question: “What are the advantages of investing in a money market mutual fund over a savings account?” A savings account has a low risk, and that corresponds to a lower return. A money market fund is also low risk, but it is still of a higher riskContinue reading ““What are the advantages of investing in a money market mutual fund over a savings account?””

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