Just Sold Property and Sat on Cash: What Should I Do?

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  • Опубликовано: 10 июл 2024
  • 🙆🏻‍♂️ Our investment arm, Cur8 Capital - cur8.capital
    Selling a property is often a ticket to a lot of money very fast, which can be overwhelming. Some think on their feet and even almost triple their money like our man Hafeez, but most make massive blunders like Rafat. Watch this video and save yourself from the heartache Rafat went through.
    ______
    About us
    We're Ibrahim & Mohsin - ex-city lawyers and authors of "Halal Investing for Beginners". We've been studying investments and the traditional Islamic sciences for 13+ years. Over the year we've been published by the Financial Times, the World Economic Forum, Foreign Policy etc.
    Today we run a sharia-compliant wealth management platform that manages over $35m in assets. We make videos about investment, personal finance, careers, and entrepreneurship.
    We do this to make downtrodden communities better-off. To take people of colour, Muslims, and minorities from being among the poorest in society to the richest.
    For more about the team visit: www.islamicfinanceguru.com/ab...
    To find out what we invest in, and invest alongside us visit: cur8.capital/
    Remember, with investing, your capital is at risk. This is not financial advice. If in doubt, always talk to a financial advisor.
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    🙆🏻‍♂️ Our investment arm, Cur8 Capital - cur8.capital
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    TIMESTAMPS
    00:00 - Some background
    01:02 - The 3 Cardinal Rules
    01:49 - Hafeez's case
    03:47 - Rafat's blunder
    05:55 - What Hafeez invested in
    08:29 - Allocating your money
    --------
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Комментарии • 32

  • @mace9t9
    @mace9t9 Месяц назад +21

    @IFG - been following you for around 5 years when the channel was just starting off. I must say, I was drawn in because as a Muslim there is very little for us in-terms of investment with the goal of helping Muslims be better off.
    Respectfully, as IFG has grown it appears your primary or main focus is on high net worth individuals. Referring to the video of Raffat and Hafeez, I noticed the main focus is how investing with IFG one individual made c£2m and the other lost £500k; thus the message of encouraging to invest.
    This is all very well, however you will find there's a large population who are not high net worth individuals and may not be able to afford £5k (min investment) with risk. If an average Muslim had £15-20k surplus I don't think there would be a need for services IFG offer.
    You brothers have taken the step in the right direction, remember not all your audience can afford to risk £5k.

    • @TheTemporary1ne
      @TheTemporary1ne Месяц назад +1

      100 percent agree. On another point, I contacted them twice about workplace pension but no reply. I bet if I was Rafat with 750k I would have got a call the next day lol

    • @salsabila786
      @salsabila786 Месяц назад

      ​@@TheTemporary1ne IFG have done reviews on halal pensions, Google their review on pensionbee halal pension. There's also Nest Sharia, smart pension (alongside Wahed) etc

    • @salsabila786
      @salsabila786 Месяц назад

      For smaller amounts it might be best to build up your emergency funds and for entry after that I'd suggest Trading212 in an ISA stock and share account. There are halal index funds that are low risk and in the long term will perform like the bigger funds and may even be better with the fact they exclude high debt stocks in their funds.

    • @mali-hz4cb
      @mali-hz4cb Месяц назад

      This is why I use Wahed Invest. Suitable for everyone regardless of how much they have. Also an option to invest in real estate and start ups from £500 if you want. They have a great stocks and shares ISA

  • @abdullahk8691
    @abdullahk8691 Месяц назад

    Great videos Ibrahim!

  • @osmundo23
    @osmundo23 Месяц назад +1

    Great vid

  • @mubeendhori6081
    @mubeendhori6081 28 дней назад

    Great content. Keep it coming. Its important for people to understand money, equity and wealth.

  • @mahmed7b
    @mahmed7b Месяц назад

    Great Video something people can relate to. Please make similar videos like this

  • @adnana.9473
    @adnana.9473 Месяц назад

    What a smart way of explaining the difference btwn good and bad approach to capital

  • @Md-6210
    @Md-6210 Месяц назад +8

    Salams, always useful videos. However you forgot to offset his returns with inflation like you did for rafat. It is still a positive return but not as high as you estimated.

  • @aqm2748
    @aqm2748 Месяц назад +2

    When did you do Community Healthcare Fund? never saw it on the platform

  • @AbdusSamad-op8vi
    @AbdusSamad-op8vi Месяц назад +1

    Salam brother,
    Kindly make more videos like this. Also if you you could make more videos on your investment platform.

  • @Asad-dg1ew
    @Asad-dg1ew Месяц назад

    This is something i have been thinking of for a while, while wanting to do what the first guy did vs avoiding what the second guy did however while also trying to avoid all the haram investments like a haram interest earning checking/savings account while also trying to outearn inflation and zakat that i would be less the %gained over the years.

  • @abydx
    @abydx Месяц назад +1

    No mention of tax! I would have considered Pension and ISA allowances and if the aim is to pay university fees for his children I would have considered a discretionary trust at this stage as your approach has the potential to create a huge IHT liability should the proposed investments and returns form part of his estate.
    Might have been beyond the scope of the video but I hope these points were at least considered when advising the client.

  • @iqratbismirabika
    @iqratbismirabika Месяц назад

    Would you be able to highlight the potential tax benefits that exist with investing in some of the accounts at IFG for US investors?

  • @Alienz-fb9qx
    @Alienz-fb9qx Месяц назад

    Salam brother

  • @abjohnson7259
    @abjohnson7259 4 дня назад

    🎉

  • @raisklose6785
    @raisklose6785 Месяц назад +1

    Great video, but aren't interest rates haram for us? Or did I miss something?

    • @user-vm7xx3wi8cbz
      @user-vm7xx3wi8cbz Месяц назад

      I think he is just using interest rate as a substitution for "investment growth rate".

  • @wiseman235
    @wiseman235 Месяц назад

    Allah bless you

  • @LarryCohen188
    @LarryCohen188 Месяц назад

    What about starting Sharia leverage ETF something similar to TQQQ. This could be a good option for people who want to DCA into ETF and have a long-term time horizon.

  • @JonathonJason
    @JonathonJason Месяц назад +2

    I want to invest 50k in your fund. No one replied.

    • @cukur2727
      @cukur2727 Месяц назад

      want that. Please explain to me what the investment returns and guarantees are for that

  • @jezusinislam6468
    @jezusinislam6468 Месяц назад +1

    how is Rafat portfolio shrinking with 8%?

    • @zenastronomy
      @zenastronomy 22 дня назад +1

      he's manipulative. something i dislike about this group.

  • @HR-ii6ue
    @HR-ii6ue Месяц назад

    7.5% income fund? Is this guaranteeed

  • @luf222
    @luf222 Месяц назад +2

    Amazon is top ranking on the boycott list dear Ibrahim

  • @mehdikhiel1832
    @mehdikhiel1832 Месяц назад

    Sadaqa jariya: invest in paradise

  • @CryptoAdz
    @CryptoAdz Месяц назад +2

    Allocating a small percentage into Safe Cryptos is smart, considering the peak Bull run is still to occur.

  • @felixatlas2236
    @felixatlas2236 Месяц назад

    So much happiness and joy $47k weekly returns has been life changing. AWESOME GOD I now have a house and can now afford anything for my family even with my Retirement..