Your reasons for saving money are as unique as you are. Whether itâ€™s saving for retirement, improving the home you are in, thinking of your childrenâ€™s college or weddings, or simply or securing your futureâ€”thereâ€™s no single answer to how you should save and invest your money. For Muslims across the globe however, the way to invest is unanimousâ€”that isâ€”investing Halal. Halal investing refers to investments made in securities that conform to Islamic principles. When these investments adhere to the guidelines of a trustworthy Sharia advisory board, they are considered to be Sharia-compliant. ShariaPortfolio is the leader in offering Sharia-compliant investment solutions within the United States. With our services, you now have the option to carefully maintain social responsibility and emphasize ethics in your investments.
Our Investment Philosophy
â€œI never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five yearsâ€ â€“ Warren Buffet. ShariaPortfolio offers a disciplined approach to long-term investing with a focus on value that comes from years of managing our clientsâ€™ assets through a variety of up and down market cycles. Like Mr. Buffet, we are value investors and seek out securities that the market has undervalued. The stock market overreacts to breaking news headlines, resulting in stock price movements that do not correspond with companiesâ€™ true value. We avoid this volatile approach to buying and selling stocks and instead, focus on investing in the preservation and growth of our clientsâ€™ portfolios. We apply our years of experience and diligent research processes to deliver a time tested strategy to help our clients achieve their financial goals.
Spend five minutes with any investment advisor at a firm like Edward Jones, Morgan Stanley, or Merrill Lynch, and ask them how they personally get paid. They will likely tell you that they make commissions from the mutual fund companies whose funds they sell. These advisors have incentives for buying and selling the financial products that make up a clientâ€™s portfolio. At ShariaPortfolio, we embrace our role as a fiduciary, a responsibility that means we always act with your best interest in mind, setting us apart from traditional firms. As fee-only advisors, our independence ensures that our clients receive unbiased expertise with no conflicts of interest. We charge a flat management fee, which ranges from 1.00% to 2.00% per year, and is dependent on the amount of assets being managed. The better our clients do mirrors how well we are doing, proving that our goals and financial horizons are aligned.
Sharia-compliance is no longer a subjective topic. There are solid criteria as to what is considered to be Sharia-compliant. We rely on IdealRatings which is the global market leader in screening equities based on a hybrid research-based screening approach, employing state-of-the-art technologies as well as manual research to identify Sharia-compliant equities in an accurate and timely manner. IdealRatings research-based data is audited, approved and used by Sharia scholars in more than 10 countries globally. Global equities are screened by IdealRatings based on the Sharia rules defined by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), a global Islamic finance standards setting body, governed by an international panel of highly respected Sharia scholars. The Sharia guidelines are based on the rules determined by the Sharia board of AAOIFI.
Less than ten percent of stocks on the United States market are permissible to invest in. That may sound like a small percentage, but that leaves us with around 1,000 stocks we can invest in. To take advantage of them, you can select from a variety of Sharia-compliant mutual funds or work with a financial advisor that specializes in Sharia-compliant investing. ShariaPortfolio is a Sharia-compliant investment management service offered by Virji Investments, Inc. Based in Central Florida, Virji Investments is a Muslim owned and operated registered investment advisory firm that was formed in 2003. Receive unbiased investment guidance from a trusted advisor todayâ€” call 888-HALAL-STOCKS and learn about the Halal way to invest.