The halal investment itself is a broad topic. Islam has greatly emphasized business transactions and financial laws. Halal translates as permissible/lawful, and Haram translates as impermissible/unlawful. 

Halal and haram is a comprehensive theory, and a Muslim must abide by it. It teaches Muslims the way of life and conduct, food permitted for consumption, and rules out the laws of income and earning. You might plan on investing at some point in life, but as a Muslim, there are specific prospects they need to consider before investing. In simple terms, you have to ensure that your investments are halal. 

One of the main principles of Islamic finance is the social and ethical benefit to society beyond pure return.  

Islam has certain conditions related to halal investment. For your investment to be halal, it should correlate with the Shariah laws. 

Most of the time, Muslims tend to invest their assets in a haram investment without their knowledge. In Australia, Islamic Finance has risen and provided Muslim Australians with Islamic products for their home loans, investments and retirement accounts. An example is Afiyah Financial Services, which provides advice and Islamic products, including Low Doc Islamic Home Loans. 

Research And Perceive On Where You Are Investing. 

Sohail from Afiyah says, "You need to ensure that the stock exchange or business dealings you are investing in does not involve activities the shariah considers unlawful or undesirable. This includes pornography, gambling, hoarding goods, deceiving customers, selling alcohol, and riba (interest). Therefore before you invest, you must do a background check so that you don't act contrary to the teachings of Islam."

Say No To Riba (Interest). 

Riba is a major sin in Islam. Riba/Interest makes the rich richer and the poor poorer, increasing the gap between the rich and the poor in society. Islamic finance experts believe that Riba (interest) goes against social justice and equality. So they're impermissible. 

Gharar Isn't Permissible. 

It was narrated that Ibn Abbas said: "The Messenger of Allah (ﷺ) forbade Gharar transactions. "

The Arabic term "Gharar" can be defined as risk, uncertainty, or hazardous. Gharar can be described as "the sale of what is not yet present." 

Examples of Gharar to make it easier for you to understand the underlying meaning;

• Purchase of crops before harvest 
• Buying fish before it's been netted 
• Paying for an unborn animal that is still in its mother's womb. 

The Islamic Shariah has forbidden investing or part-taking in uncertain contracts, short selling in stock markets or commodity markets, speculating on the futures of options markets.

Avoid Gambling (Maisir)

"Maisir" is an Arabic terminology that translates as Gambling. Gambling is rigidly prohibited in Islamic finance as it produces wealth without any honest labour and thoughtful effort or knowledge; instead, it is earned by luck or chance.

The Quran condemns gambling as a social disease that is addictive and destroys personal and family lives. 

'Abdallah b. 'Amr said that the Prophet forbade wine, Maisir, the Kuba, and Ghubaira, saying, "Every intoxicant is prohibited."

The Prominence Of Earning A Halal Income.

The Prophet (PBUH) said: "A time will come upon the people when they will not care as to how he gets his money whether legally or illegally." (Bukhari)

We have plenty of investment and employment opportunities available, many of which can help you earn money easily. However, as Muslims, we need to be cautious when selecting from this wide range of opportunities and differentiate the halal from the haram. 

"O you who believe! Eat the good things we have provided for you and be grateful to Allah if it is Him ye worship" (Al Baqarah,2: 173). 

"O you apostles! Enjoy good things and pure, and work righteousness, for I am aware of what you do" (Almumin, 23: 51) 

 Contrarily earning using haram means may affect you and your family adversely.

The Prophet Muhammad (PBUH) mentioned a man who travelled far, becoming dishevelled and dusty, and he raises his hands to the sky, saying, "O Lord! O Lord!" while his food is unlawful, his drink is unlawful, his clothing is unlawful, and he is nourished by the unlawful, so how can he be answered? (Kathir, 1999)

Earning halal income is challenging. However, what comes easy may not last long. Also, as a Muslim, you should be considerate of Islamic finances as the world is challenging you against it.