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Financial institution of England cryptocurrency buyers must be “able to lose all of their cash”.

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Financial institution of England cryptocurrency buyers must be “able to lose all of their cash”.

Bank of England Governor Andrew Bailey has dealt an almighty blow to cryptocurrency investors, warning punters to be ready to lose all their money to the online phenomenon.

Banks have been forced to stand tough against the growing trend, which is a very real threat to traditional economies, as more and more people buy goods and services with decentralized currency.

Bitcoin was introduced in 2008 as an alternative to popular banking services and has generated unprecedented demand for alternative currencies. It has fueled the growth of countless new blockchain-based coins in a market that is now worth trillions.

However, the natural hysteria that is gripping the global cryptocurrency market has made traditional economists reluctant to declare the revolutionary technology a fail-safe investment.

Coins like Dogecoin – now the fourth most popular cryptocurrency with a market capitalization of over $ 84 billion – have appreciated in value due to internet memes.

Tech billionaire Elon Musk also has palpable power in manipulating markets through his Twitter account, as was seen earlier this year when Bitcoin invested $ 1.5 billion in the currency following Tesla’s announcement and accepting it as a means of payment has seen an increase.

For investors deep in the cryptocurrency world, however, the phenomenon is more than a get-rich-quick system.

Pro-Crypto advocates have long been drawn to blockchain transactions for privacy protection, as opposed to a traditional bank where every penny of your spending on an institution can be viewed at will.

According to Bailey, volatility is a serious concern for anyone investing real money in cryptocurrency.

“They have no intrinsic value. That doesn’t mean people don’t value them because they may have extrinsic worth. But they have no intrinsic value, ”he said, according to a CNBC report.

“I’ll be frank about this one more time … only buy them when you’re willing to lose all your money.”

Bitcoin experienced an astronomical boom in late 2017, rising to around $ 25,000 per coin and attracting thousands of new investors before dropping below $ A3,000 a year later.

Those who resisted the urge to cash out when the markets collapsed were rewarded for their beliefs. The value rose back to $ 74,000 in May 2021.

Mr Bailey’s warning to crypto investors came after a similar statement by the UK Financial Conduct Authority.

“Investing in cryptoassets or related investments and loans generally involves very high risk with investors’ money,” the watch dog said in January.

“When consumers invest in these types of products, they should be ready to lose all of their money.”

For some, the unpredictability of cryptocurrency is half the battle. Something as simple as a photo Mr. Musk posted on Twitter can turn markets by absurd amounts almost instantly.

Dogecoin has since soared sky-high after Musk repeatedly endorsed it on social media and nicknamed it “Dogefather” after its support sparked a 26,000 percent increase last year.

But even the emphatic billionaire has warned against diving into the complex trend without a lifeboat.

“Cryptocurrency shows promise, but please invest with caution!” he tweeted on Friday morning.

“First of all, I think people shouldn’t invest their savings in cryptocurrency to be clear. I think that’s unwise. “

He added that “there are good chances” crypto will become the major currency on earth, but no one knows which digital coin will be the most productive.

He added that raising money “should be viewed as speculation at this point”.

You’re Scott Speedman and girlfriend who’re anticipating their first child

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You’re Scott Speedman and girlfriend who’re anticipating their first child

Scott Speedman is about to become a father for the first time.

45 year old Felicity alum and girlfriend Lindsay Rae Hofmann are expecting their first child together when she posted a photo on Instagram on Sunday May 9th showing her pregnant belly.

“In full bloom,” she wrote on Mother’s Day, adding cherry blossom emojis. “Baby Speedman is coming soon.”

Officially Instagram since July 2017, the couple shared a black and white picture of themselves cuddling on Valentine’s Day on Instagram. “Lova”, Lindsay labeled this and added a rose emoji.

Lindsay is co-host of the Real Girl Series podcast with Giana Francesca Califano and Jessica Lucatortoand the project’s official Instagram account posted a black and white photo of the Juillet swimwear co-founder with one hand on her baby bump on May 9.

“We wish our lovely @lindsayraehofmann a great first Mother’s Day,” says the title of the article. “You are a goddess and we melt and watch you become the most loving, gentle and caring mom. We can’t wait to meet your sweet little nugget [heart emojis] your aunts already love you so much! ”

It will stop your weak Pavlovian mind from shopping for impulsively

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It will stop your weak Pavlovian mind from shopping for impulsively

Illustration for article titled How To Prevent Your Weak Pavlovian Brain From Impulsive ShoppingPhoto: Mumemories (Shutterstock)

While most people associate credit cards with temptation and overspending, a new study provides evidence that your brain offers a sense of reward that is much more active when buying with plastic compared to cash. In fact, the results of the study show that regular credit card purchases actually result in spending, and this is all the more reason to review our own credit card habits.

Blame our weak Pavlovian brain

Study participants had their brains scanned while shown dozens of everyday products and were asked if they would buy each product at the advertised price with their own actual money, either in cash or credit cards. The results are in line with other empirical studies that have shown that people are more willing to buy more expensive items with plastic rather than cash.

While this is by no means final (the sample size is small and unchanged, and the amounts were capped at $ 50), the study’s results confirmed the hypothesis that the brain learns to anticipate the joys of credit card shopping after repeated credit card purchases over time ( In the unique formulation of the study, we are “chronically sensitized through previous experience with credit cards”).

These agrees with other studieswho have shown dopamine pleasure comes from the expectation of the reward, not just the actual reward.

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Interestingly, the study also shows that expectation of rewards increased when participants were exposed to purchase indications such as Visa and Mastercard logos the WSJ suggestshas an impact on digital spending:

This suggests that consumers could be conditioned to spend by using various sensory rewards in new payment systems. For example, with digital payments, certain sounds or vibrations on your smartphone can be used when you make certain purchases, but not others, teaching your brain time to anticipate rewards for purchasing certain products while shopping.

How to make credit card purchases less rewarding

Resisting impulse buying isn’t always easy, but being aware of your spending habits will go a long way. Once you have a set pattern for your shopping, try pausing this routine for a while and see if it has any effect. Some suggestions include:

  • Establish a blanket 24-hour rule for potential discretionary purchases (I personally swear by this rule – it works most of the time).
  • Remove automatically saved credit card numbers from your browser. Steps for most browsers can be found here.
  • Keep track of your balance, keep debit cards for discretionary purchases, and leave your credit card at home.
  • Don’t use apps that will improve your spending. The most famous example could be the exploding confetti for any successful trade on the Robinhood (The company recently retired from this role).
  • Stick to a set budget, but include a fixed amount for discretionary spending (as you are more likely to follow a realistic budget).

The US and China may work collectively to finish the Myanmar disaster

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The US and China may work collectively to finish the Myanmar disaster

Protesters demonstrate against the military coup in Yangon and demanded the release of the imprisoned Myanmar State Council, Aung San Suu Kyi.

Theint Mon Soe | SOPA pictures | LightRocket via Getty Images

US-China relations may have got off to a bad start under President Joe Biden, but the two countries could find common ground to work together to end the violence in Myanmar.

Scot Marciel, former US ambassador to Myanmar, said both the US and China would not want to see an escalating crisis in the Southeast Asian country.

A military coup on February 1 sparked mass protests across Myanmar and security forces tried to use violent tactics to suppress the demonstrations. According to the advocacy group of the Assistance Association for Political Prisoners, 780 people have been killed in the act so far, while over 3,800 people are still detained.

“My feeling would be that this coup, and certainly the turmoil and violence in Myanmar, I don’t see how it is in China’s best interests … My feeling is that China wants stability for a number of reasons, so I think that they’re ‘I’m not thrilled about it, but they’re cautious,’ Marciel said Friday during a webinar organized by the Australian think tank Lowy Institute.

“So there could be some common interests between the United States and China to end the violence and instability,” said Marciel, who was US ambassador to Myanmar from 2016-2020.

The US and other Western powers strongly condemned the coup and imposed sanctions to put the military under pressure. Meanwhile, China’s response has been more subdued as Beijing stressed the importance of stability.

China is a major investor in Myanmar and borders the Southeast Asian country. Some analysts have said China’s relatively cautious response may harm its own interests.

The crisis is unlikely to be resolved anytime soon

One way the US and China could come together on the Myanmar issue is to support the Association of Southeast Asian Nations (ASEAN), Rizal Sukma, senior researcher at the Think Tank Center for Strategic and International Studies in Indonesia, said during the webinar .

The regional grouping held an emergency summit last month to address the escalating violence in Myanmar. The ten Member States then issued a statement calling, among other things, for an immediate end to the violence and the appointment of a special envoy to mediate the crisis in Myanmar.

“ASEAN just hopes that whatever plan we have on the ground in Myanmar, the US and China can also help contribute to that plan, such as humanitarian aid,” said Sukma, a former Indonesian diplomat.

Sukma said he was “quite frustrated” that ASEAN had not appointed the special envoy for Myanmar two weeks after the statement. He said the regional grouping should “go ahead” with its plan so that it could enter into dialogue with the various parties in Myanmar.

Singapore’s Foreign Minister Vivian Balakrishnan told CNBC’s Squawk Box Asia on Monday that it was up to the Myanmar military to decide how and when ASEAN could play a role.

Balakrishnan reiterated that the military must stop the violence and release political prisoners – including Aung San Suu Kyi and other democratically elected leaders. He said that only then can “honest direct negotiations” between the army and civilian leaders continue.

“Without this national conversation and this reconciliation, you will see no progress in Myanmar. Indeed, there are signs of a possible civil war,” said the minister.

Marciel said he hoped the group’s initiatives can make “a little bit of headway” in Myanmar. But it is difficult to see an early resolution to the crisis at the moment and that will likely mean more suffering among the people, he added.

“It’s really impossible to predict. I would say that the most likely scenario for the next few months – as far as I can – is unfortunately probably more of the same,” he said. “I don’t see that the (military) give in, I certainly don’t see that the people accept this coup.”

Singapore’s overseas minister says Covid will not go away fully

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Singapore’s overseas minister says Covid will not go away fully

SINGAPORE – Covid-19 is “permanent” and subsequent waves of infection will occur normally in the coming years, Singapore Foreign Minister Vivian Balakrishnan told CNBC.

“Covid-19 is endemic to humanity, which means it will never go away completely,” Balakrishnan told CNBC’s Squawk Box Asia on Monday.

“And the reason it won’t go away completely is because it’s spread around the world, has sufficient critical mass, the rate of mutations and new variants continues, and the level of human immunity increases and decreases as well,” said he said.

The minister, who was a doctor before entering politics, also warned that now could be a “more dangerous time” for vaccinated people who might be complacent, as well as those who are not vaccinated and have no protection against Covid.

Balakrishnan said vaccination is critical and that people who have received Covid shots develop fewer symptoms and have fewer serious illnesses, even when infected. However, vaccination alone is not the panacea for an “exponential explosion” in Covid cases.

That means measures such as social distancing and border restrictions may have to “come and go” in response to waves of Covid infection over the next two years, the minister said.

Singapore tightened social restrictions over the weekend after the number of cases increased in the community. Cumulatively, the country confirmed more than 61,300 cases and 31 deaths on Sunday, data from the Ministry of Health showed.

Balakrishnan said around 20% of Singapore’s population has been vaccinated, but the government has no defined threshold for achieving “herd immunity”. He explained that with the emergence of new variants of Covid, the level of protection required in a community will change so that the disease no longer spreads quickly.

It is likely that immunity to vaccinations will also decrease over time. So the point is, you can’t wait to say that you have reached the magical figure and suddenly you are immune and the mask has taken off and there are no restrictions.

Vivian Balakrishnan

Singapore’s Foreign Minister

“As new variants evolve and these new variants actually appear to be more contagious than the original strain, the level of herd immunity will mathematically change,” Balakrishnan said.

“It’s likely that immunity to vaccinations will also wear off over time. So the point is, you can’t expect to have reached the magical figure and suddenly be immune and mask off and not have any restrictions,” said he added.

Singapore-Hong Kong travel bubble

Singapore is a Southeast Asian city-state with no domestic air travel market. The country has reached an agreement with Hong Kong – a city that also has no domestic flight market – to create a travel bubble that will allow travelers to skip the quarantine.

When CNBC asked if the program should start on May 26th, Balakrishnan said, “As of now, the plan is yes, but we have to see how the situation develops over the next few days.”

The launch of the air travel bubble – originally scheduled for November 2020 – has been postponed several times after a surge in coronavirus cases in Hong Kong.

The two cities announced last month that the program will begin with one flight per day to each city with up to 200 travelers per flight.

Methods to get a free 12 pack of Coors Seltzer

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Methods to get a free 12 pack of Coors Seltzer

Illustration for article titled Get a Free 12 Pack of Coors Hard Seltzer because why not, it's freePhoto: Der Toidi (Shutterstock)

Instead of the usual registration deadline of April 15th, this year we have an extra month to postpone this year to May 17th. Your post-tax day plans may include drinking alcohol so you may be interested in an offer from Coors that gives away free 12-packs of their tough seltzer. Here’s what you need to know.

How do I get Hard Seltzer for free

Coors stepped into the already overcrowded hard seltzer market in October 2020 with something else: a partnership with the Change the Course initiative and a list of projects. According to the company, 500 gallons of clean water are restored for every 12 pack of their hard seltzer purchased (although it’s not entirely clear how this happens).

Either way, Coors is “giving away” free 12-packs of their tough seltzer from now through Tax Day May 17th. Technically, they’ll refund you once you buy the seltzer from your local liquor store. Here is how it works::

  • Buy a pack of 12 Coors Hard Seltzer by May 17th.
  • Take a picture of your receipt.
  • Upload a photo of your receipt here The receipt photo must include the date of purchase, retailer location, and the name or code of the required purchase item.
  • Your discount payment (maximum $ 20) will be sent to you via Venmo or PayPal. If you do not have a PayPal or Venmo account, you will need to create an account and refund the payment within 30 days. That’s the only way to get the money.
  • There is a limit of one discount per phone number.

It goes without saying that you must be at least 21 years old to take advantage of the offer as this all includes purchasing alcohol. And if you are curious, the Hard Seltzer is available in four flavors: black cherry, mango, grapefruit and lemon lime.

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Lori Loughlin’s daughters rejoice their first Mom’s Day after leaving jail

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Lori Loughlin’s daughters rejoice their first Mom’s Day after leaving jail

Lori LoughlinThe daughters share public messages with her on this special day.

The two daughters of the 56 year old full house alum, Olivia Jade and Isabella RoseBoth went to their Instagram accounts on Sunday, May 9, to pay tribute to Lori for her involvement in the college admissions scandal on her first Mother’s Day since she was released from prison.

Olivia posted a black and white throwback picture of Lori who appeared to be ready for an evening. “You’re the best time,” said the 21-year-old YouTuber, adding a series of heart-eye and heart emojis.

Bella, for her part, shared several film stills with Olivia and Lori many years ago. “Mama Bear,” wrote Bella, 22 years old.

The posts seem to suggest that the family are enjoying happier times after Lori and her husband Mossimo Giannulli Both were released from prison after being convicted of their roles in the scheme to get Olivia and Bella into the USC.

Can I study to love to run in a month?

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Can I study to love to run in a month?

Illustration for article titled Can I Learn How To Run In A Month?Photo: Iammotos (Shutterstock)

That year, Lifehacker’s senior health editor Beth Skwarecki opened her regularLifehacker Fitness Challenge”To all of the staff. We could pick a month at a time and achieve a personal fitness goal to take our readers on our path to physical and mental improvement. In the brainstorming meeting we had on the subject, I said something I may regret: “I’ve always wanted to run.”

Running and I have had a close relationship since my junior high and high school days when physical education teachers made us all run a mile every year as if our ability to do so meant they were somehow successful at their jobs. I was always among the last to cross the finish line and I was always miserable and bright red in the face (thank you, fair skin) when I finally crossed the finish line.

As an older teenager, I tried to run regularly and I hated it. As a student, I ran the track at our student recreation center and I still hated it.

The thing is – I like to exercise. Drop me off at the bottom of a mountain and I’ll hike it. Give me a tennis racket and a ball and I’ll serve. I “run” on an elliptical trainer or ride my bike several times a week. But being able to just pull on a pair of sneakers and hit the sidewalk seems like something that could be so liberating, if only I could overcome the mental barrier that seems to lie in front of me.

I’ve heard of people who used to hate running and now they love running and I want to be one of those people. So I picked the month of May – not too cold, not too rainy, not too hot – to give myself the best shot for success and here we are.

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Beth asked me last week what my “plan” was for the month (I didn’t have one) and what obstacles, if any, I had foreseen. I told her that overcoming my fear of people who would see me running was a great fear, as I’m pretty sure I look weird when I run – to which she replied, “You probably do. Everyone looks weird when they run, running is weird, we’re built for it anyway. “

Then she sent me this training plan for “beginners” That had a nice mix of 1.5 mile runs, 3 mile runs, and some walks. “I like that,” I told her. “It seems super feasible.” I intended to write this post about all of my hopes and dreams for transitioning to the great runner lady with a workout plan, but at the last minute I decided to take a short run just to get a base for where I was. So I put on my sneakers and left home around 1:04 pm. When I got back at 1:17 pm, I was in pretty good shape.

Everyone looks weird when they run, running is weird, we’re built for it anyway.

So those 13 minutes went on: I walked a block or so (until I was pretty sure no one was there to see me), and then I started running. Or rather, I tried to run but my ankles weren’t giving me the full range of motion, so my movement can be more accurately described as “clumsy”. I trampled a block and a half before coming down for a slow, panting walk. I did this exactly two more times, achieving slightly better range of motion in my ankles and trampling a little further each time before declaring the situation “absolutely hellish” and coming home.

When I wondered why I hadn’t chosen a “fitness challenge” like Lifehacker’s senior technology editor David Murphy did drink some water Beth talked me off the edge for a month. She told me this was not a failure, it was a win! She told me to put a sticker on my calendar today because I wanted to run and then I ran. And she gave me a plan for the next time: walk a full five minutes, accelerate over time and bend my ankles, and then run – slowly – until I start puffing and puffing. Then go a little. Rinse and repeat for 10-15 minutes. All of my intermittent walking also counts as “running time,” she said, which I was delighted to hear.

The good news is it couldn’t have gotten much worse (without hurting myself, which at first seemed like a definite possibility). And that means, things can only get better from here. I’ll let you know how it goes next week – and if any of you have been as pathetic as me and managed to get over the mountain, please drop your best advice for me in the comments.

A Information to Halal Investing in Singapore, Cash Information

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A Information to Halal Investing in Singapore, Cash Information

Halal investments not only comply with Islamic principles, but can also be just as profitable as conventional investments.

You may have heard that as a Muslim you must follow certain religious principles when investing and only have to adhere to halal investments.

But why do you need to make Islamic investments and how do you know which investments are considered halal?

In order to solve the riddle, it is important to first understand how Islam views finances.

In the Islamic faith, money is viewed as having no intrinsic value; It is considered a medium of exchange only, with one unit corresponding to another unit of the same denomination (i.e. USD 1 = USD 1).

This definition therefore introduces some limitations that are not present in secular financial systems. First and foremost, because $ 1 = $ 1, no one (individuals or organizations like banks) is allowed to make a profit by borrowing money or receiving money from someone.

That is, interest income is not allowed.

How does Islamic financing work when interest is not allowed?

To overcome this requirement, Islamic Finance uses a number of systems and frameworks to ensure a flow of capital that is compatible with the secular financial system that the non-Muslim world follows.

For example, consider a conventional (non-Islamic) mortgage where you borrow an amount of money from a bank to pay for your home.

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Under the terms of the mortgage, you will then make regular payments to repay your loan with interest.

If you are using an Islamic mortgage, the bank will first buy your home and then sell it to you at a higher price agreed in advance by both parties.

In this case, instead of directly charging interest on the loan, the bank will make a profit based on the trade.

There are many more financial models and systems used in Islamic banking, but our focus is on Islamic investing so let’s move on.

Halal Investing Versus Traditional Investing: What’s the Difference?

Islamic investments Traditional investments
Cannot invest in any business or business activity that violates Islamic law (e.g., alcohol, gambling, pornography, tobacco, weapons and armaments, pork and pork products, interest-based financial services such as moneylenders). No restrictions on trading or doing business
Cannot invest based on principles of uncertainty or gambling (therefore instruments such as options and commercial insurance are not allowed). Can invest in options, futures and commercial insurance
Can be seen as a form of ethical investing based on social and moral values May contain unethical sources of income or returns
They must meet strict criteria before being considered a Halal investment Just need to comply with applicable financial laws

In addition to the limitation of the interest income (Riba), Halal systems have two further defining features:

  • Investing in any company or activity that violates Islamic law is not permitted. This stands out the obvious ones like pornography, gambling, alcohol and pork, but also covers some other sectors like tobacco and armaments.
  • Investing based on principles of uncertainty and gambling is not permitted. This prohibits certain types of investments such as options and futures. Interestingly, certain types of insurance are also not allowed, but Muslims can use a takaful to obtain similar benefits.

Due to the rigor of Islamic law, halal investments are also good candidates for those looking for ethical investments as they guarantee zero exposure to sectors or industries that some consider problematic.

(Note, however, that halal investing does not automatically mean investing that is environmentally friendly, environmentally friendly, sustainable, or good for the earth. While the likelihood of an overlap is good, there is a difference between Islamic and ethical investing.)

It is not enough just to adhere to these restrictions and guidelines. In order for an investment to be considered halal, several financial audits would have to be carried out, usually overseen by specially appointed Sharia advisors.

How would lay people proceed to invest in a manner consistent with Islamic or Sharia law?

How to Find Islamic Investments in Singapore

Use a Sharia-compliant robo-advisor or investment platform

One of the easiest ways to invest in Halal instruments is to join an Islamic robo-advisor or an online investment platform.

These platforms are monitored by a regulator to ensure that customers are only offered stocks and companies that comply with Sharia law.

One such popular platform is Wahed, a global Islamic investment robo-advisor with over 150,000 clients. Using the Wahed app, you can choose an investment portfolio based on your risk appetite, fund your account and watch your money grow.

Refer to a Sharia-compliant stock index

Those familiar with investing know that a stock index (like the Straits Times Index) tracks the performance of an underlying selection of stocks chosen to represent a relevant sector or market.

For example, the Straits Times Index (STI) tracks the top 30 companies that are traded on the Singapore Stock Exchange.

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Similarly, there are indices that only track Sharia-compliant stocks and shares. This makes them a handy reference for those looking for Halal facilities that also have a proven history of high performance.

First, try the FTSE SGX Shariah Index Series, which publishes indices on qualifying stocks in the Asia-Pacific region and Singapore.

You can also search for indices that track Sharia-compliant stocks in other markets around the world.

Once you find the index you want, you can invest directly in the companies listed in it by buying their stocks. Alternatively, you can also choose to invest in the indices yourself via an Exchange Traded Fund (ETF) such as the Wahed FTSE USA Shariah ETF.

Just type in “Sharia + ETF” or “Islamic + ETF” into Google and see what’s in store for you.

Look for Waqf investment projects

Inherent to Islam is the practice of waqf, which refers to a religious foundation (or donation) to improve or support the community through various projects such as building a mosque or school.

You can invest in such Waqf projects and get a planned return – you can easily think of that as crowdfunding for Islamic purposes.

To ensure that your investment really qualifies as a Halal investment, you should only invest through certified platforms. One such platform is Ethis.co, based in Indoensia. Warees.sg offers investment opportunities for real estate projects in Singapore.

If you don’t want to limit yourself to real estate projects with a Waqf angle, you can also try investing in Shariah-compliant REITs, some of which are included in Shariah-compliant stock indices (see previous section).

What returns can you expect from halal systems?

While Islamic investing has its unique features and requirements, it is not so far from conventional investing that a notable difference in returns can be observed. Halal investments do not limit the types of investments you can invest in, only the underlying companies.

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In all respects, you can be confident that your returns will be the same as those obtained by secular investors. There is no reason to believe that sticking to halal investing will put an investor at a disadvantage when all things are equal.

Instead, your results will depend on very personal factors, such as: B. your risk appetite, the platform you choose, your ability to make solid investments and much more.

And as with any other form of investing, keep in mind that there is some risk involved in investing. You should always do your own research, never invest more than you can afford to lose, and always seek professional advice before jumping in.

This article was first published on SingSaver.com.sg. All content is displayed for general informational purposes only and does not constitute professional financial advice.

Pleasure-Anna Duggar breaks her silence about Josh Duggar’s youngster porn charges

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Pleasure-Anna Duggar breaks her silence about Josh Duggar’s youngster porn charges

Josh who is married to Anna Duggaris the father of six children. Anna is currently pregnant with the couple’s seventh child.

“We intend to defend this case aggressively and thoroughly,” Josh’s lawyer told E! News shortly after his arrest. “Nobody in this country can stop the prosecution from indicting a crime. But when you are charged, you can fight back in the courtroom – and that’s exactly what Josh intends to do.”

Other members of Josh’s family have also commented on the allegations.

Jim Bob and Michelle Duggar, Josh’s parents, said in a statement to E! Message from the arrest: “We appreciate your continued prayers for our family at this time. The allegations against Joshua today are very serious. It is our prayer that the truth, whatever it is, will come to light and that all will be Resolved in a timely manner. We love Josh and Anna and continue to pray for their families. “

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