{"id":1225,"date":"2021-09-06T05:36:00","date_gmt":"2021-09-06T05:36:00","guid":{"rendered":"https:\/\/blog.ethis.co\/?p=1225"},"modified":"2024-12-04T06:03:06","modified_gmt":"2024-12-04T06:03:06","slug":"halal-investments-singapore","status":"publish","type":"post","link":"https:\/\/ethis.co\/blog\/halal-investments-singapore\/","title":{"rendered":"Halal Investments for Singapore Muslims? It\u2019s time for a shake-up in the Islamic Investments scene."},"content":{"rendered":"<p><em><strong>By: Umar Munshi<\/strong><\/em><\/p>\n<p><em>Editor\u2019s Note: This post was originally published in December 2017 and has been edited and updated for relevancy and comprehensiveness.<\/em><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_51_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69ddd55120d9c\" ><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-69ddd55120d9c\"  type=\"checkbox\" id=\"item-69ddd55120d9c\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Muslims_in_Singapore\" title=\"Muslims in Singapore\">Muslims in Singapore<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Islam_in_Singapore\" title=\"Islam in Singapore\">Islam in Singapore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Where_it_all_began\" title=\"Where it all began\">Where it all began<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Investment_Crowdfunding_suddenly_arrived_in_the_West_and_China\" title=\"Investment Crowdfunding suddenly arrived in the West and China\">Investment Crowdfunding suddenly arrived in the West and China<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Moving_forward_providing_Halal_Investments\" title=\"Moving forward providing Halal Investments\">Moving forward providing Halal Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/#Empowering_Ethical_Investments_and_Innovation\" title=\"Empowering Ethical Investments and Innovation\">Empowering Ethical Investments and Innovation<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Muslims_in_Singapore\"><\/span>Muslims in Singapore<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Muslims make up <a href=\"https:\/\/www.singstat.gov.sg\/-\/media\/files\/visualising_data\/infographics\/c2020\/c2020-religion.pdf\" target=\"_blank\" rel=\"noopener\">16% of Singapore\u2019s<\/a> 6 million population (<a href=\"https:\/\/www.indexmundi.com\/singapore\/demographics_profile.html\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a>). Islam\u2019s presence is clearly felt in this bustling city-state, and Muslims are generally free to practice their religion, as are other \u2018major religions\u2019.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <a href=\"https:\/\/www.globalsadaqah.com\/blog\/ramadan-month-mercy\/\" target=\"_blank\" rel=\"noopener\">Ramadhan<\/a> (the famous fasting month) when I feel like having iftar (the meal to break the day-long fast) at the mosque, I can head over to any of the 4 mosques close to my family home. There is a mosque in almost every neighbourhood, and these mosques serve many roles as the centre of activity and education for the Muslim community.<\/span><\/p>\n<p>In 2017, Singapore\u2019s first woman president, HE Madam Halimah Yacob, came to office. I love it that we have a Hijabi President! Here\u2019s Her Excellency looking cool and dignified in professional-style Muslim headgear:<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" class=\"wp-image-1230 size-full\" style=\"font-size: 1rem;\" src=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/halimah-yacob.jpg\" alt=\"halal investments halimah\" width=\"1024\" height=\"683\" srcset=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/halimah-yacob.jpg 1024w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/halimah-yacob-300x200.jpg 300w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/halimah-yacob-768x512.jpg 768w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/halimah-yacob-780x520.jpg 780w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>Credit: TODAY newspaper<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Islam_in_Singapore\"><\/span>Islam in Singapore<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Islam is overseen and some aspects regulated by the Islamic Religious Council of Singapore, or MUIS (Majlis Ugama Islam Singapura), <\/span>such as for formal Halal certification of food and other items.\u00a0<\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s a little known fact about Singapore \u2013 it has one of the most productive Waqf assets (religious endowment) in the world, valued at S$769million! This is huge for our small Muslim population. Our Waqf assets are managed by Warees Investment Holdings, a subsidiary of MUIS, with both asset value and income growing healthily since Warees was incorporated in 2002. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its founding CEO was Zahid Yacob, a property project management expert. He worked closely with Dr Shamsiah, the head of Waqf and Zakat at MUIS to lead Warees on a highly successful Waqf asset rejuvenation program (we are thrilled that both have played an incremental role in Ethis&#8217; journey). <\/span><\/p>\n<p>The very first project in 2004, Wakaf Bencoolen was a commercial success \u2013 increasing in value by 87 times in under 10 years. Warees, together with leading Shariah experts from abroad developed a pioneering approach that utilised <a href=\"https:\/\/ethis.co\/blog\/sukuk-market-innovations-sri-crowdfunding\/\">Sukuk<\/a> (akin to a bond), ijarah (rental) and various innovative corporate and financing structures to develop the majority of the available Waqf assets in Singapore. Singapore\u2019s new and redeveloped Waqf buildings won numerous architectural awards and we even had the first Green mark certified Mosque back in 2010. Such breakthrough work by Singapore in Islamic finance and waqf is something that all of us should be aware of and proud of.<\/p>\n<p>Related: <a href=\"https:\/\/ethis.co\/blog\/waqf-islamic-finance-dr-shamsiah\/\">Waqf &amp; Islamic Finance: A candid talk with Dr Shamsiah<\/a><\/p>\n<p>While Waqf tends to be historically in the form of land assets, and typically only done by the wealthy, today anyone can easily give Waqf in the form of cash. Many Singaporeans today contribute cash to create Waqf in other countries. Indeed, there are many interesting and impactful campaigns available online that make this a smooth and easy process.<\/p>\n<p><span style=\"font-weight: 400;\">Islamic principles are even enshrined in Singapore\u2019s legal system, with the Administration of Muslim Law Act of 1968 (AMLA 1968) providing clarity on specific matters related to Muslim Law such as estate management (Faraidh) and marriage (Nikah) within the Singapore Legal System.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sadly, Muslims in Singapore have struggled for a long time when it comes to<\/span> <span style=\"font-weight: 400;\">Halal Investments<\/span><span style=\"font-weight: 400;\">. There has been a distinct lack of<\/span> <span style=\"font-weight: 400;\">Shariah-compliant investments or \u2018Islamic investments\u2019<\/span><span style=\"font-weight: 400;\">, especially for the retail investor or ordinary Muslim Singaporean. Wealthy Muslims may have more options, and the ordinary Muslim could always invest in Shariah-compliant stocks if you have the appetite for it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In today\u2019s world, savvy working professionals and or small entrepreneurs are just as aware and keen to engage in investment activity, albeit in smaller denominations.<\/span><\/p>\n<p>Related: <a href=\"https:\/\/ethis.co\/blog\/smart-investments-making-halal-money\/\">Smart investment for making Halal money<\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_it_all_began\"><\/span>Where it all began<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Back in 2012, together with a few friends, we developed an interest in<\/span><a href=\"https:\/\/ethis.co\/blog\/islamic-finance-explained\/\"> <span style=\"font-weight: 400;\">Islamic finance<\/span><\/a><span style=\"font-weight: 400;\">. Frustrated by the lack of options, we took matters into our own hands. Amanah Asset Management was born, with two objectives:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Increase the demand for<a href=\"https:\/\/ethis.co\/blog\/islamic-crowdfunding-shariah-compliant-investment-alternative\/\"> Islamic investment<\/a> among Muslims and ethical investors in Singapore, and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bring Islamic investment products and providers into Singapore.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">We worked on this for 2 years. We did gain some traction in terms of creating awareness about Islamic finance. We held small events and workshops on the fundamentals of Islamic finance and Shariah-compliant investment together with local religious scholars. These sessions were well attended and well received and we also managed to provide many Singaporeans with Islamic estate management services. Unfortunately, we failed to bring in any Islamic finance or investment products or services into Singapore.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Numerous opportunity were chased but ended in rejection &#8211; we were told that Singapore\u2019s Muslim population, our \u2018natural\u2019 market was just too small.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We kept pushing and started to build a community of Islamic finance enthusiasts in Singapore. Little did I know at that time that we were setting the foundation of something special<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Investment_Crowdfunding_suddenly_arrived_in_the_West_and_China\"><\/span><strong style=\"color: #000000; font-family: 'Playfair Display', Palatino, Garamond, Georgia, serif; font-size: 1.25rem; text-align: justify;\">Investment Crowdfunding suddenly arrived in the West and China<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We had discovered an incredible and unprecedented opportunity to create an investment platform, enabled by technology. The new world of crowdfunding had arrived in the West and China. In 2014, we set up \u2018Club Ethis\u2019 as a private investments club for Islamic investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By 2016 we went full-online and the<\/span><a href=\"https:\/\/ethis.co\/id\/\"> <span style=\"font-weight: 400;\">Ethis.co\/id<\/span><\/a><span style=\"font-weight: 400;\"> P2P crowdfunding platform was born!<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1231 size-full\" style=\"font-size: 1rem;\" src=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2-Feb-2014.jpg\" alt=\"Ethis halal investments Umar Ronald\" width=\"960\" height=\"852\" srcset=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2-Feb-2014.jpg 960w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2-Feb-2014-300x266.jpg 300w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2-Feb-2014-768x682.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p style=\"text-align: center;\">Feb 2014: New Club to help source for Investment Opportunities<\/p>\n<p>\u00a0<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1232 size-full\" src=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2014.jpg\" alt=\"Ethis halal investments berita\" width=\"960\" height=\"495\" srcset=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2014.jpg 960w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2014-300x155.jpg 300w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/BH-article-2014-768x396.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p style=\"text-align: center;\">Feb 2015: Crowdfunding service based on Shariah launched<\/p>\n<p><span style=\"font-weight: 400;\">Since then we have evolved, expanded, revamped and inshaAllah (god-willing) improved tremendously. From an idea among friends on a mission to help Singapore Muslims invest, we gained rapid traction in the region to become the early leader in Islamic Investment Crowdfunding.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today,<a href=\"https:\/\/ethis.co\/\"> Ethis<\/a> is an<\/span><a href=\"https:\/\/www.linkedin.com\/pulse\/singapores-ethiscrowdcom-wins-best-islamic-platform-its-umar-munshi\/\"> <span style=\"font-weight: 400;\">award-winning Islamic Crowdfunding platform<\/span><\/a><span style=\"font-weight: 400;\">\u00a0 that has now spread globally, with investors of all faiths joining in our ethical and Islamic crowdfunding community. We are based in Malaysia with a growing global community of funders from more than 80 countries.\u00a0\u00a0<\/span><\/p>\n<p>A pioneer of Fintech for Islamic finance, we are one of few firms licensed to operate investment platforms in multiple countries, most notably for P2P financing by the Financial Services Authority Indonesia and Equity Crowdfunding by Securities Commission Malaysia. We are concurrently exploring acquiring approvals to launch new platforms in the region and the Middle East.<\/p>\n<p>Related: <a href=\"https:\/\/ethis.co\/blog\/malaysia-islamic-fintech-hub\/\">Malaysia: a hub for Islamic fintech?<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Our early start helped us win a few awards along the way. These were really exciting moments that helped give us the confidence and encouragement to continue providing smart investment options for Muslims in Singapore (and everywhere else!)<\/span><\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" class=\"alignnone wp-image-1234 size-full\" style=\"font-size: 1rem;\" src=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Umar-Munshi-Hamdan-Maktoum-Islamic-Economy-Award-Dubai-Custom-1-1024x682.jpg\" alt=\"Ethis halal investments award\" width=\"1024\" height=\"682\" srcset=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Umar-Munshi-Hamdan-Maktoum-Islamic-Economy-Award-Dubai-Custom-1-1024x682.jpg 1024w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Umar-Munshi-Hamdan-Maktoum-Islamic-Economy-Award-Dubai-Custom-1-1024x682-300x200.jpg 300w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Umar-Munshi-Hamdan-Maktoum-Islamic-Economy-Award-Dubai-Custom-1-1024x682-768x512.jpg 768w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Umar-Munshi-Hamdan-Maktoum-Islamic-Economy-Award-Dubai-Custom-1-1024x682-780x520.jpg 780w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>Islamic Economy Award 2016<\/p>\n<p><span style=\"font-weight: 400;\">These awards validate our firm belief in what we do.<\/span><a href=\"https:\/\/ethis.co\/\"> <span style=\"font-weight: 400;\">Ethis.co<\/span><\/a><span style=\"font-weight: 400;\"> has attracted significant attention early on, as one of the few Islamic Crowdfunding platforms in the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This led to the recognition of our efforts, especially for the strong social impact of our campaigns. In the past, building homes gave healthy profits while providing affordable homes to families striving for a better life. <\/span><\/p>\n<p>Our past projects funded by our community provided houses to low-income families for as low as $10,000, with a government subsidy program providing easy purchases with a downpayment of only 1%. That\u2019s also how we built our initial track record from 2016 to 2020 in social housing in Indonesia, where our global community of investors from more than 50 countries funded development projects to build close to 100,000 homes.<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" class=\"alignnone wp-image-1233 size-full\" style=\"text-align: justify;\" src=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Ethis-Crowdfunding-GIFA-Ronald-on-stage-Custom-1-1024x682.jpg\" alt=\"GIFA Award for Best Islamic Crowdfunding Platform 2016\" width=\"1024\" height=\"682\" srcset=\"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Ethis-Crowdfunding-GIFA-Ronald-on-stage-Custom-1-1024x682.jpg 1024w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Ethis-Crowdfunding-GIFA-Ronald-on-stage-Custom-1-1024x682-300x200.jpg 300w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Ethis-Crowdfunding-GIFA-Ronald-on-stage-Custom-1-1024x682-768x512.jpg 768w, https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/12\/Ethis-Crowdfunding-GIFA-Ronald-on-stage-Custom-1-1024x682-780x520.jpg 780w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>GIFA Award for Best Islamic Crowdfunding Platform 2016<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Moving_forward_providing_Halal_Investments\"><\/span>Moving forward providing Halal Investments<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">I seek all your sincere prayers and support as we continue to push and grow our Islamic Crowdfunding platform and our services.<\/span> <span style=\"font-weight: 400;\">Ethis<\/span><span style=\"font-weight: 400;\"> is growing from strength to strength bringing the world to invest in Indonesia, and especially provide Muslims with halal investments.<\/span><\/p>\n<p>In late 2019, we obtained approval from the Financial Services Authority Indonesia as a registered P2P crowdfunding platform. This allows us to raise funds from any source, to provide financing to any company or business operating in any sector in Indonesia, and has opened up new short-term, high-yield SME project investment opportunities with healthy profit margins. However, such investments don\u2019t come without its risks and may not be suitable for everyone. As always, the most important thing before diving into any investment is to always conduct due diligence.<\/p>\n<p>Ethis is on a mission to circulate funds from large and small investors to ethical and Islamic real-world projects with a social impact. We will keep striving to provide the best investments for Muslims and impact investors. We believe that should we succeed together, we will fulfil the Ethis vision of uplifting humanity with financial technology\u2026 InshaAllah (God-willing)!<\/p>\n<p style=\"text-align: center;\"><em><a style=\"font-size: inherit;\" href=\"https:\/\/ethis.co\/id\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>\u00a0Reach out to us if you want to discuss more\u00a0<\/strong><\/a><\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Empowering_Ethical_Investments_and_Innovation\"><\/span><b>Empowering Ethical Investments and Innovation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In 2023, HASAN.VC was established as part of the Ethis Global Group, emerging as a people-powered venture capital fund committed to shaping a better future by investing in ethically driven and purpose-led companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether you\u2019re seeking to invest in a diversified portfolio of ethical startups or to engage in continuous learning through mentorship and events, HASAN.VC provides the tools, resources, and support to help you achieve your financial and entrepreneurial goals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Discover the power of connecting with like-minded investors through the HASAN.VC Angel Community. We offer invaluable opportunities to network with halal-focused investors, startup founders, and industry professionals dedicated to creating a positive impact.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take the first step towards impactful investing. <a href=\"https:\/\/hasan.vc\/angels\/?utm_source=web&amp;utm_medium=singapore_blog_post&amp;utm_campaign=ethis\">Join the HASAN.VC<\/a> Angel Community and start your journey today!<\/span><\/p>\n<p>\u00a0<\/p>\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><script>hbspt.forms.create({ portalId: '2627399', formId: 'bba04de7-5725-459c-a309-dc8abc86ab1a',  })<\/script>\n<div class=\"rns\" data-title=\"Halal Investments for Singapore Muslims? It\u2019s time for a shake-up in the Islamic Investments scene.\" data-tags=\"\" data-categories=\"Halal Investment,Islamic Finance,Top Posts\" data-comments=\"0\" data-date=\"1630906560000\" data-author=\"Umar Munshi\" data-single=\"\" data-url=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/\"><\/div> <!-- Check out https:\/\/reactandshare.com -->","protected":false},"excerpt":{"rendered":"<p>By: Umar Munshi Editor\u2019s Note: This post was originally published in December 2017 and has been edited and updated for relevancy and comprehensiveness. Muslims in &hellip; <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/ethis.co\/blog\/halal-investments-singapore\/\">Read More &rsaquo;<\/a><\/span><\/p>\n","protected":false},"author":6,"featured_media":1173,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":""},"categories":[1753,119,1985],"tags":[],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/ethis.co\/blog\/wp-content\/uploads\/2017\/08\/sg-mosque-blog-01.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbDwgm-jL","_links":{"self":[{"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/posts\/1225"}],"collection":[{"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/comments?post=1225"}],"version-history":[{"count":5,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/posts\/1225\/revisions"}],"predecessor-version":[{"id":7198,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/posts\/1225\/revisions\/7198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/media\/1173"}],"wp:attachment":[{"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/media?parent=1225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/categories?post=1225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethis.co\/blog\/wp-json\/wp\/v2\/tags?post=1225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}