1Année·

I had actually completed the "Tenbagger after Lynch" sub-portfolio with 10 different positions. However, I had previously also communicated that I would like to $UFPI (-0,46 %) would like to sell again. The background for this is not that the Unternhehmen or the share runs worse or has reached the end upwards, but solely the high amounts to be paid due to impure income. The share still meets the

the Sharia criteria for Muslim investors, the combination of relatively high impure shares and high turnover makes the share less attractive (purification of impure shares is based on turnover).


Links to the individual sub-portfolios of Public Depot can be found in my profile pinned above.

More details about the above mentioned problems, for example how to pay attention to such points in the stock selection, I have already explained in detail on Patreon:

https://www.patreon.com/posts/81149755?utm_campaign=postshare_creator


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I make myself then again on the search for a potential Tenbagger according to the definition of Lynch 👀 The 10th company is missing again! 😁

17.07
Ufp Industries logo
a vendu x2 à 90,00 €
180,00 €
22,45 %
3
14 Commentaires

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What are "impure shares" ? Taxes ?
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@KleinviehmachtMist would have to be interest transactions, which are forbidden in Islam
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@Der_Dividenden_Monteur Among other things, yes :) In general, all sales that are not Islamically vertrebtar - interest, sales from distribution and production of: Alcohol, weapons, armaments, pornography, etc. Of course, these must not be the main business model of the Unternhemnes. Incidental income (<5%) is tolerated on the condition that it is "cleaned up". Otherwise, trading in shares would not be possible, since virtually every company somehow receives or pays interest, even if minimal.
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@halal_investieren super informative, learned something again.
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@KleinviehmachtMist Pleased to meet you 😊
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1Année
A question out of interest: Are capital market profits from stock trading in principle Sharia-compliant? In a way, every purchase of a stock or a share in a company is like a loan for which someone else's work is required so that the share is worth more in the end. I don't see the principle difference to interest income. But obviously I haven't understood something yet. ✌️
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@Epi There is a clear difference: Interest rates are criticized for being "fixed". Only capital is lent and the proceeds are virtually fixed. Shares, on the other hand, are a type of partnership. The proceeds are success-dependent, one also participates in losses, at least with the invested capital. It is a standardized form of "we come together as a group and make a deal". 😁
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1Année
@halal_investieren Thank you for the explanation. But I have to follow up again. Find the whole thing very interesting! 😁 Let's compare a HighDiv equity ETF with a HighYield corp ETF. The former would be halal, the latter haram. Right? But what exactly is the theologically based difference now? The risks, price fluctuations and payouts are about the same for both. If the companies are unsuccessful, i.e. if the profits are lost, there is no distribution, and if they file for bankruptcy, the stake is lost in both cases. One step further: Isn't a (fair) loan also a kind of partnership? The creditor gives his capital and is compensated for the risk taken with a share in the company's success. In this way, both sides get something out of it. Why should that be haram?
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@Epi I have not yet had anything to do with corporate bonds, but I assume that interest has to be paid regardless of success. A special situation exists in the case of insolvency, in which case you are probably stuck with it. - Interest was basically banned because it was usury and poor people were oppressed. To explain it with a simpler example: If I simply give a friend the money and say you pay me back in installments with a markup of 5%, I don't care what you do with it, that's already something different than if I say "We do a business together, I provide capital and we share the profits (On the stock market this corresponds to dividends and price gains). If we make losses, then we stand behind them together. - With shares, there is a co-ownership, a partnership. With bonds, one is simply a capital provider.
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1Année
@halal_investieren Again: where is the difference between a capital pool via loan vs. via share? The lender is in the same boat as the share owner because of the probability of default. Basically, interest is nothing more than the probability of default. If interest is haram, how is the lender's risk compensated? And if it can't be compensated because someone somewhere ripped someone off, how do capital-intensive companies finance themselves without destroying their ownership structure? I find the whole thing really interesting, thanks for your answers!
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Never pressed SOS so fast 🆘🆘🆘
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@Danicx13 What tempts you to do this? 😅
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Way too many positions, for my taste.
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@Shiny I can understand. There are two reasons for this: 1. there are only a handful of ETFs that carry out the stock selection according to "our" criteria... And one may not agree with this in detail. That's why one rather relies on individual stocks. For a nevertheless sufficient diversification the number of positions shoots up there somewhat. 2. my portfolio here is a "pilot project" consisting of several sub-portfolios, which are to be considered independently of each other. So we are testing different strategies with the community. Alone 25 positions come from a "quasi ETF". The Nasdaq 100 as a whole does not meet the criteria. Therefore, I have compiled myself an index as Nasdaq-25 Islamic 😁
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