Penny research
Halal investing, explained in plain English.
Practical guides on stock screening, doubtful assets, retirement accounts, zakat, and building wealth without riba. Start with the basics, then go deeper where you need it.
Is Investing Haram? A Practical Guide for Muslim Investors
Investing itself is not haram — but some assets and behaviors are. Here is the framework scholars actually use, and how to apply it to your own portfolio.
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Trading9 minIs Day Trading Haram? What Scholars Actually Say
The three specific objections — margin, settlement, maysir — and the one style of active trading most scholars accept.
August 6, 2026Read →- Trading8 min
Is Forex Trading Halal or Haram? An Honest Breakdown
Currency exchange is permissible — but retail forex usually is not structured like currency exchange. Swaps, leverage, and delivery explained.
August 6, 2026Read → - Trading8 min
Is Options Trading Halal? Calls, Puts & Covered Calls
Why standard options fail the screen for most scholars, the covered-call debate, and the compliant income alternatives.
August 6, 2026Read →
- ETFs8 min
SPUS vs HLAL: Which Halal ETF Should You Actually Buy?
The two biggest US halal ETFs compared on methodology, universe, and concentration — and how to actually choose.
August 6, 2026Read → - ETFs10 min
Best Halal ETFs in 2026: The Complete US List
Every sharia-compliant ETF available to US investors — what each one holds, how it screens, and how to pick between SPUS, HLAL, and the rest.
August 5, 2026Read →
Check holdings, review doubtful assets, then fix what matters.
The blog explains the rules. Penny applies them to your actual portfolio, highlights what needs attention, and keeps the methodology visible.