Assalamualaikum

In Islam, wealth is a trust (Amanah) and must be used in a way that is pure (Tayyib), lawful (Halal), and just.

The Prophet ﷺ said:
“The seeking of halal earnings is an obligation after the obligation (of salah). — Bayhaqi, Shu’ab al-Iman

1. Halal Stock Market Investments
While stock markets can be partially halal if screened carefully, many Muslims in India seek non-stock halal investment options due to doubts about Riba (interest), Gharar (uncertainty), and Haram activities in listed companies.

2. Halal Mutual Funds Investments
Mutual Funds also fall into the same category as Stock Markets. In India almost all businesses deal with bank loans and interests. And almost all mutual funds combinedly invest into companies which deal with haram products like tobacco, alcohol or interest based profit earning companies.

3. Real Estate Investment (Ijara Model)
(a) Real estate is allowed in Islam because it involves physical, tangible assets..
(b) Rental income is halal if the property is not used for haram purposes (e.g., bars, interest-based banks).

Read More : Halal Investment Options In India