#ShariaEarn Shariah‑compliant earning strategies—sometimes tagged as #ShariaEarn—especially relevant to investors in Pakistan or globally:
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🕌 1. Islamic Banking & Government‑Backed Instruments
Islamic Naya Pakistan Certificates (INPCs): Profit‑sharing, sovereign‑backed instruments offered via JS Bank for both resident and overseas Pakistanis. Available in PKR, USD, GBP, EUR, with flexible tenures (3 months to 5 years) and full repatriability. Returns are stable and considered fully halal.
Islamic banking deposits: Major Islamic banks like Meezan offer profit‑earning accounts that comply with Sharia (no interest, using profit‑loss sharing). Pakistan aims to fully transition its banking system by 2028.
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2. Sukuk (Islamic Bonds)
Sukuk are Sharia‑compliant alternatives to bonds, structured around asset‑backed returns (like rent under Ijarah). Pakistan issues sovereign and corporate sukuk (e.g., Government Ijarah Sukuk, Pakistan Global Sukuk 2029) with typical yields around 7–8%.
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3. Shariah‑Compliant Mutual & Exchange‑Traded Funds
Leading Pakistani funds include:
Meezan Sovereign Fund (~8.7 % YTD), UBL Islamic Cash Fund (~13.9 %), Atlas Islamic Stock Fund (~61.7 %). These reflect income, cash market and equity strategies, respectively.
Meezan Pakistan ETF (MZNPETF) tracks the KMI‑30 Index—a screened basket of 30 compliant companies listed on PSX. The index rebalances semi‑annually.
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4. Equity Investing in Halal Stocks
You can invest in stocks screened for Sharia compliance (avoiding industries like alcohol, gambling, tobacco, and interest-based finance). PSX lists over 250 compliant companies, forming around 65% of the market cap.
Shariah criteria include limited debt (<37% of assets), minimal non-compliant income (<5%), and liquidity thresholds.
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5. Profit‑and‑Loss Sharing Partnerships (Mudarabah & Musharakah)
Structures where return is tied to actual business performance—not interest.
Mudarabah: Passive investor (Rab-ul-Maal) funds an entrepreneur (Mudarib), sharing profits per agreed ratios. Losses borne by fund provider.
Musharakah: Equity-based joint venture where partners share profits and losses proportionate to contributions. Common in real estate or SME financing.
Some fintech platforms (like Zeed) facilitate SME and project-based investments via mudarabah structures, with claimed ROI around 20–30 % over 12 months.
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6. Halal Crowdfunding & P2P (Shariah‑compliant)
Platforms like Ethis, Cur8 (by Islamic Finance Guru), and Qardus enable investments in ethical SMEs or real estate using Shariah‑approved models. Qardus offers fixed‑return (via commodity murabaha), typically ~8–12 % over 1–2 years but requires portfolio diversification.
Funding Souq (UAE-listed) offers Shariah-compliant private credit with targeted returns up to ~15–23 % p.a., managed under supervision of Islamic boards.
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7. Real Estate & REIT-like Investments
Direct ownership of rental property aligns with Islamic guidelines. Shariah‑compliant REITs and equity‑based real estate structures offer asset-backed income without interest. These are considered low‑uncertainty (low gharar) investments.
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8. Halal Digital Advisors and Platforms
Wahed Invest: Global robo-advisor offering Shariah-screened investments in sukuk, equity ETFs, gold, and more. Minimum investment about $100, managed portfolios with rebalancing and Shariah board oversight. Also offers HLAL ETF.
Cur8: Enables qualified investors to access private market opportunities (real estate, early-stage ventures) under halal governance standards.
Zeed: Pakistan-based platform connecting accredited investors to Shariah‑compliant SME and project opportunities with 20–30% projected ROI.
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✅ Quick Comparison
Strategy Risk Level Typical Return Liquidity
INPCs & Islamic deposits Low ~6–8 % Moderate (premature encashment possible)
Sukuk Low–Medium ~7–9 % Bond-like maturity
Asset allocation funds Medium ~10–15 % Liquid via funds
Equity (halal stocks/ETFs) High ~12–15 %+ Liquid via market
P2P / Crowdfunding Medium–High ~8–20 % Often lower liquidity
Real estate projects Medium–High ~8–11 %+ Illiquid
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🧭 Choosing the Right Path?
Define your risk tolerance, liquidity needs, and investment horizon.
Diversify across asset classes: income (sukuk/deposits), equity, real estate, and P2P.
Invest only through platforms governed by Shariah Advisory Boards.
Verify structures: profit-share (mudarabah/musharakah) or halal fixed returns (e.g., murabaha or Ijarah).
Be wary of overly high returns with low transparency—ensure documentation from credible platforms.
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Would you like help exploring a specific platform (like JS Bank INPC, Wahed, Zeed, or Cur8) or tailored monthly income vs. capital appreciation plans?