Taking or giving interest is prohibited surrounded by Islam. Then how bank contained by Muslim Countries work?
Question:
Banks purchase money at a lower rate(interest rate on deposits) and sale money at a better rate(rate of interest on loans). If banks surrounded by Muslim Countries do not pay interest on deposits and are not charging interest on loans, what is the source of profit of Banks contained by Islamic countries?
Answer:
The question is somewhat problematic because not adjectives "Muslim countries" go next to Islamic banking (e.g. the Republic of Torkiy whose population is 99%+ Muslim, have the same bank system as in Europe or within the US.)
As for the so called "Islamic products", as far as I know, instead of giving you interest the dune does "profit sharing",. ie. they give a share contained by the profit the bank make. But I have never hear of a bank who asked from their depositors money put a bet on because the bank lost money. They clear their money not by earning interest but by "making apt investments".
Living and regulating life according to a schoolbook that was written lots centuries ago (regardless of how good it be at the time it was written) should be difficult, to voice the leastFor avoidance of doubt, I hold this view something like all kind of orthodoxy, not just this religion/thought or the other.
most invest outside their place of operation-europe etc
Under Islamic Banking, the guard invests in properties and lease them out for rent. Rent collection is permitted activity for bank but not lending of money. Please check beside any Islamic bank contained by your country for details.
how much and where on earth do i buy govt. bonds? and what are the requirements?
Question:
i wish to start investing surrounded by something and i read that this one is ideal, but i a moment ago dont have any view how to go just about it...any good books to read or informative site to dance to?
Answer:
I would somewhat disagree that govt. bonds are "ideal". They pay incredibly little interest. They do have some advantages. One one that the interest is tax free from state and local government.
LiliRose gave you the unblemished answer to your question. That site will report you everything you need to know. If you invest contained by t-bills, they are considered the safest of govt. bond investments because they are little affected by interest rate swings.
If you will area monopoly me, I would however like to present the a history of investment returns for you to consider. After rates after inflation, treasury bond investments yield something like 1% to 2% return. Call it 1.5%. Investments in equities give up over the long term going on for 5% to 7% after tax after inflation. That is more or less 4x better return. Some years the returns on equities are actually refusal however and sometimes very glum. Then other years they are very positive which make up for the negatives. The most important trick to getting the 5% to 7% is to have a diversified portfolio of equity investments. That can be competent with a small investment by purchasing mutual funds or index funds.
http://www.treasurydirect.gov/indiv/rese... This will report to you everything you need to know.
Your closest federal reserve mound.
why are national positive rates so remarkably incredibly poor?
Question:
The rates offered to the elderly pentioners are at least 1.5% lower than other equally safe and sound investment sites
Answer:
The general public hold poor financial education. Without proper financial tuition, you can never make progress near your finances. The key is to changeover your beliefs of money and then use the decree of attraction to create what you want.
Take a look at Robert Kiyosaki's material and www.whatisthesecret.tv
Good luck
because this great country of ours is surrounded by worse shape financially that it ever has be since the great depression of 1929 beside the rich which consists of 1 percent of this great country of ours
Lack of financial education and drought of care. Lack of attention and nonspecific laziness on the section of the average investor. PLUS the economy.
Research different types of investments. Savings accounts are disgraceful for bringing in lower interest rates than other option. You don't have to run on a high risk activity, just look into other option like money marketplace accounts or CDs.
Make sure, with anything type of investment you choose, that you have ample money available should something come up -- ie don't tie up all your money within one area that will hit you next to a high toll for early cancel. Put some money into such an account but release several thousand for another type of investment that does not penalize you with an impulsive withdraw should you obligation to cover medical or other bills.
They think they can seize away with it because the public are simpletons. In frequent cases they are right I`m afraid. (They = Government).
There's nothing wrong beside Savings Accounts if you need solution cash (cash explicitly available anytime.) But if you are looking for a return on your money and don't need access to your money adjectives of the time, then a funds account is the closing place that you should go. You can procure a 5% return on CD's with beyond doubt no risk, or with a slight risk you can earn an even difficult return with Mutual Funds.
I wouldn't "dog" stash accounts too badly. When you comprehend their purpose and the fact that they are much more gooey than CD's or Mutual Funds, then the low return make sense.
Although, I do think that their heading "savings account" is misleading. Someone dispatch a letter to Mr. Webster.
Actually, for some object, NSI are offering 5.5% tax-free ISA accounts at the moment. This is about the extreme ISA rate in the UK!
How do I start a successful trucking business?
Question:
My brother told me that it was assured to start out with one big rig, and that I would rake within lots of income. I'm a little skeptic of the thought, but we found a good truck for other. He said for me to invest some money in making my own business and that I would go and get it in return, plus more. Do you believe it's a good theory to start my own business?Or should I find something else to invest in?I'm trying to coach myself about the trucking business and the in one piece "class A" thing.I appreciate any angelic answers and comments. Thanks.
Answer:
have you done your research.the foundation of any business is innovation,creativity and cleanness.what do your competition(s) do or are doing that u can do better but most of all a suitable business plan would save you seriously of heart pain.DO YOUR RESEARCH FIRST ON THE IDEA
start small and chew over big. Use a flat bed to make small moves, subcontract short haul. Use your head to breed the most of you and your truck. If you do not have a garage that way you are paying someone else to fix your rig. So stay small untill you can get more associates.
Can your investment representative be cheating you out of your profits?
Question:
I invest in mutual funds beside a group I will leave anonymous. I in recent times started. I know that mutual funds are like stocks and any other investment there's a occasion you can lose money. However, is it possible the representatives can be storing away any profits that you did make into their story and making it look like you lost money from the investment? If so, I might in recent times go to abiding money from the bear flea market point of view. Savings bonds, Certificate of Deposits, nest egg account, and any other sure profit investments to some extent than these unpredictable and shady investments strategies. What do you think? Make money the weak fashioned way and a short time ago save it?
Answer:
cause sure your statements are coming directly from your mutual fund company, they should mail those to you on a regular font. make sure when you formulate a depost into your account the check is made out directly to the mutual fund company, not to your broker or his company. sort sure the address on your statements is your address. if you do these things, nearly impossible for him to be stealing money from you. investing inthe stock market and mutual funds is 10 time better than putting your money contained by the bank. you call for to have some money within the bank for emergency and spending money, but that is give or take a few it. invest as much as you can each and every month. if you are a virtuous saver and forgiving, you will be a great investor.
Yes, by selling you funds that charge you a 5.75% upfront fee and also enjoy a 1% or 2% annual sales charge and putting you into funds that own high expense charges. All of these fees run down your rate of return and can cause a loss.
If the sale person feel like they want to earn more they will enjoy you sell one fund ancestral and have you buy into another so that the fees start over again.
where on earth do i find endeavour capitalist for a innovative engineering project within india as okay as world broad?
Question:
say a project that wants a venture next to another company of the same prospectus and its beneficial to the society.. for example something related to tackle cyber crime
Answer:
venturecapital.com
Please suggest the best mutual fund among SBI Magnum Global,Reliance Regular Saving & ICICI Servce Industrs?
Question:
Answer:
Go to MoneyControl and do the research. It will give you the ranking any which means of access you want.
I have done it by extracting the acting out data, giving weighting to respectively of the performance category (3, 6, 12 month etc), and later ranking the total weights.
Then I started putting Rs 10K in respectively mutual fund every month.
Best approach you can take, since one fund might be up surrounded by one category and low in other category.
Take trouble.
KKP
i can help within not choosing Reliance, as in reliance mutual fund, reliance and its subsidaries would be holding trunk pie. If any bad word they would exit soon and we have to exit next to low reates.
i am currently holding one MF of SBI and i have no compaints as of very soon.
as far as my experience is concerned SBI Magnum global is the
best pick among the three you own chosen. this fund has well-mannered
track record (consistent) compared to the other two.
Better stop by http://www.easymf.com powered by Moneycontrol.com
They have the listings.. Very Detailed.. No other sites can impart you such combined exclusive reports..
invest in adjectives equally
compare on sunidhi.com
but
better trade in index commodity adjectives
Among the three which you have specified I would come first for SBI Magnum Global- theres absolutely no double thought abont the test.
icici power,sundaram midcap,birla infra.i suggest but among three icici service and magnum global are best
You please stop by any nearest SBI Life branch where you will find full details of adjectives mutual funds. You can Brose in Yahoo correspondence for mutual funds. If you go through suggestions you can not clutch view of adjectives and decision promptly. Please acquire the required understanding for better investment.Don't purchase the Buffalo sitting at home. Go to the market.
Is it better to put adjectives your eggs into one picnic basket and view that picnic basket, or put your eggs into lots baskets?
Question:
Is the effectiveness of diversification for reducing risk and creating profit contingent upon the amount invested? Is it better to appropriate on more risk with smaller amounts and hold less diversification or is diversification other necessary?
Answer:
Diversification is other better but the question become how much.
look at enron. everyone was putting allllll their money into that 1 company an doing things at the rear everyone. if the company goes down (like it did) every one go down with them. so u loose allll ur money. and "it only happens that the ceo of enron have a heart attack before he go to jail",,,, mutual funds are better. be diverse. unlessyou know of stocks that will rise in vaule at 40%then youll carry richbut if u dont get rich and it go down u go poor.
Many baskets because if you enjoy only one and it fail you have no eggs.
It depends somewhat on how much money you got to invest. If it's a small amount (such as a few months living expenses), later you're better off putting it into one low-risk investment.
Diversification will not "create" profit. If done correctly, it can minister to you avoid certain types of risk.
Practical investments own some "friction": the labor of keeping track of separate investments, minimum amounts, fees and commissions. I suggest that if the friction is more than 2% of the amount invested, then you hold too small an amount in that investment, or the investment is basically too expensive. Personally, I try to keep it below 1%, including my time at only $20/ hour.
Also, having more than 30 investments (stocks, mutual funds, etc.) is for professionals.
In my inference you should diversify enough to cut back risk, but not much so you aren't focused.
keep contained by mind that no mather how much you diversify, you really aren't diversifying that much, as most stocks follow in by hook or by crook the main trends of the open market.
Good question. I get the impression it all depends on how much money you enjoy to invest. People with 1-5k should solitary be on 1 or 2 stocks. So in that situation, it's not with the sole purpose ok to put all your eggs within one basket, but it is also the best strategy.
One the other mitt, if you are investing 100k and up, diversification is the ONLY way to shift since you NEED to spread out risk in command to protect your investment and ensure growth.
Diversification vs. Diworsification??
Just make money any passageway you can!!
What's the hottest small sou`wester stock to buy tomorrow morning?
Question:
Answer:
wjci
Atheros ATHR
Intrested contained by making friends who deal contained by tangible estate and equity investment, NRI's are warmth too.?
Question:
Answer:
Yes...I share your interest in equity investments...and am also getting into valid estate investment in Bangalore.
Try me at Radhakrishnan_mae@yahoo.com
I own developed a property portfolio in Brisbane and work for Multiplex Living (the residential portion of Multiplex) also like commercial property trusts, touch free to get within touch
renee-lea.thackham@multiplex.b... I have a few friends contained by real estate that I could introduce you to if you're ever contained by town :D
Can anyone explain the sudden drop contained by 2 mutual funds. Franklin Small Mid-Cap and Templeton Foreign Equity Fund
Question:
The markets on Friday adjectives seem to be up at he close; but these two
mutual funds the bottom droped out.
Answer:
Most mutual funds recompense out distributions this time of year. You can usually go to their websites to find out how much the distribution be. For example, if you go here:
https://www.franklintempleton.com/retail...
...you'll see that the Franklin Small Mid-Cap fund go ex-dividend with a distribution of $2.84 on 12/15.
Here's the info on Templeton Foreign Equity Fund:
https://www.franklintempleton.com/retail...
Sh*t happen
At Friday bse 30 sensex get upright rise , but mid cap & smallcap is not. Franklin Small Mid-Cap is not represent this index.so its given up the ghost. smilierly Templeton Foreign Equity Fund represent at list 30-40% from foreign equity(not bse 30) so they don't effect of bse 30.Hanse.
Where can I find a site to do article trading free?
Question:
I went to optionsexpress, however, they are asking for my bank information. I do not want to give this but until I have done some dissertation trading, first. Can anyone help me?
Answer:
Investopedia have a free simulator:
http://simulator.investopedia.com/home.a...
i think here:
http://re.awarded.in/re/top-forex-tradin...
There's a virtual trading tool at investopedia.com as Expanding have posted.
For options, there's a virtual trading tool on the cboe website. Chicago Board Options Exchange.
www.cboe.com
How oodles Mutual Fund exist surrounded by USA and identify of the Top10 Mutual funds of USA?
Question:
Answer:
OMG, there are sooo oodles funds. For top 10, it all depends on how your ranking them, etc.
Just so you know, Mutual funds aren't for everyone. Personally, I wouldn't invest contained by them unless I had to. For more detail on that, in recent times do a search for where on earth I've addressed this sound out in other answers.
However to answer your quiz, there are several rankings of mutual funds. Here are some of the sources near appropriate link.
Lots of sources for Mutual fund reports that you're looking for. Here are some.
Money Magazine
http://money.cnn.com/magazines/moneymag/...
Morningstar
http://www.morningstar.com/cover/funds.h...
Kiplingers
http://www.kiplinger.com/personalfinance...
MutualFundRankings
http://mutualfundrankings.org/
If you enjoy any questions, please tolerate me know.
Hope that helps!
Check out www.morningstar.com.
There are atleast 2500 mutual funds.. among them..
Prudent Bear
BEARX
11.19%
Prudent Bear C
PBRCX
10.32%
ProFunds Rising Rates Oppor 10 Investor
RTPIX
2.24%
ProFunds Rising Rates Opp Inv
RRPIX
1.80%
Rydex Inverse Government Long Bond Inv
RYJUX
1.39%
ProFunds Rising Rates Oppor 10 Service
RTPSX
1.23%
Rydex Inverse Government Long Bond A
RYAQX
1.08%
Rydex Inverse Government Long Bond Adv
RYJAX
0.87%
ProFunds Rising Rates Opp Svc
RRPSX
0.80%
Rydex Inverse Government Long Bond C
RYJCX 0.39%
Pleas find Mutual fund given name and symbol according to the yahoo finance and the growth contained by percentage is given..
how much more is u.s. dollar than euro?
Question:
Answer:
Currency converter up to the minute: www.xe.com
Euro is worth more than the Dollar. It changes adjectives the time...I think the dollar is worth nearly 65 cents towards the Euro.
The euro is currently stronger than the $, this is a good article for the US economy due to the certainty that it tends to eat up the trade defecit, leading to better overall GDP. The Media usually reports on a weak US$ as a bleak thing, but everything I studied within college economics seems to articulate to me that increasing GDP is a wonderful thing.
Check out www.wsj.com, www.yahoofinance.com, www.motleyfool.com, or your own brokerage website.
Euro will be stronger than USD contained by long term. I foreseen it will be at lowest possible 1.5 and above for EUR/USD after the mid of 2007.
Does nominee surrounded by RBI 8% excise abiding Bond verbs to receive interest after departure of the unproved investor?
Question:
My father had invested Rs 2 lakh surrounded by RBI 8% tax abiding bonds (obtained through Oriental Bank of Commerce) on individual capacity beside my mother as nominee. He was drawing partly yearly interest from it. Recently he expired.
Now I would approaching to know weather my mother can continue to receive the interest costs with the Bond transferred surrounded by her name . The bond have not yet matured.
Answer:
Yes explicitly why she is the nominee. Plz inform the bank just about the expiry with a demise certificate.
Yes.