Halal investing has become increasingly popular, appealing to Muslim and non-Muslim investors alike. Sharia-compliant funds follow Islamic principles to avoid prohibited activities and screen for ethical companies. In this article, we will explore what makes a stock halal, highlight the top 12 halal stocks for 2023, and explain how to invest in compliant securities on baraka. Table of Contents: What is Halal Investing? Sharia Compliance Guidelines Screening Process for Halal Stocks Top 12 Halal Stocks for 2023 How to Buy Halal Stocks on baraka Benefits and Risks of Halal Investing Halal Investing Outlook FAQs Introduction Halal stocks comply with Islamic law and its prohibitions on earning interest, products like alcohol or pork, gambling, adult entertainment, and oth

The Federal Reserve concludes its two-day November policy meeting on Wednesday, with broad expectations that the central bank will hold interest rates unchanged this time but potentially signal additional hikes ahead as it fights stubborn inflation. The Fed’s policy statement and Chair Jerome Powell’s press conference will offer critical clues on the future path of rates. Markets widely anticipate the Fed maintaining its current target fed funds rate range of 5.25% to 5.50%, following four straight 0.75 percentage point increases. However, the Fed’s commitment to restoring price stability means further tightening can’t yet be ruled out with inflation still running hot. The policy decision will be announced at 2 p.m. ET, followed by Powell’s press conference at 2:30 p.m. While rat

Advanced Micro Devices (NASDAQ: AMD) stock has endured downward pressure in recent weeks, but AI-driven analysis suggests the share price may rebound to $101.70 by October 1. This bullish forecast comes even as the chipmaker trades around $100, down nearly 8% year-to-date. Broader semiconductor stocks have struggled in 2023 amid Federal Reserve tightening and concerns about a potential economic slowdown. But AMD has outperformed peers like Nvidia (NASDAQ: NVDA) and remains a leader in key growth markets including data center chips. AI Projects Near-Term Bounce According to CoinCodex AI-powered technical analysis, AMD shares have strong upside potential in the coming weeks. Specifically, the algorithm predicts the stock will reach $101.70 by October 1 after recently trading around 

The Philadelphia Eagles continued their red-hot start to the 2023 NFL season by defeating the Tampa Bay Buccaneers 25–11 on Monday Night Football. In a battle between two of the league’s three remaining undefeated teams, the Eagles’ dominant rushing attack and stout defense proved too much for Tom Brady’s Buccaneers to overcome. Despite battling an illness, Eagles quarterback Jalen Hurts gutted out a tough performance, throwing for 277 yards and a touchdown while also rushing for another score. Meanwhile, running back D’Andre Swift gashed the Bucs defense for 130 yards on the ground, continually moving the chains and keeping Tampa Bay’s offense on the sidelines. With the win, Philadelphia improves to a perfect 3–0 record for the second straight year under head coach Nick Sirianni. They rem

Table of Contents: What is the Dividend Capture Strategy? Understanding the Dividend Timeline Key Dates and Stock Price Movements Steps to Implement the Dividend Capture Strategy Real World Example Tax Implications Dividend Tax Rates Comparison Potential Risks and Downsides Dividend Capture Strategy Scorecard FAQs Introduction In a world of complex investing strategies, the dividend capture strategy stands out for its simplicity. The core concept involves buying and holding a stock just long enough to receive the dividend payout, then selling it afterwards. While easy to understand in principle, successfully implementing dividend capture on a consistent basis i

American billionaire Warren Buffett’s legendary holding company Berkshire Hathaway is planning another foray into the Japanese bond market, according to a recent announcement by lead underwriter Mizuho Securities. Berkshire looks to sell fresh yen-denominated debt to institutional investors, returning just months after its last issuance. This surprise move comes as market expectations build that the Bank of Japan (BOJ) will finally move away from its unorthodox negative interest rate policy in 2023. The potential end of this stimulus era promises to push up borrowing costs across Japan. Yet yields still remain attractive versus American and European alternatives. Speculation of BOJ Normalization Weights On Bonds Markets are betting that new central bank governor Kazuo Ueda will contin

Is Pfizer’s 5% Dividend Yield a Value Trap or Underpriced Opportunity? Pfizer stock (PFE) has tumbled over 45% from its peak of $59 per share in December 2021, leaving it trading near multi-year lows around $32. The pharmaceutical giant’s COVID-19 vaccine fueled a massive rally during the pandemic, but shares have since crashed back down as vaccine demand dried up. Now sporting a juicy 5.08% dividend yield, Pfizer appears tempting for income investors. However, with sales slowing post-pandemic and a patent cliff looming, the stock may remain in a prolonged slump. Fading COVID Tailwinds Weigh on Earnings Pfizer generated tremendous profits from its COVID-19 vaccine developed with BioNTech (BNTX), booking over $36 billion in vaccine sales in 2021. However, as vaccine demand slowed

Asian stock markets tumbled on Friday following sharp losses on Wall Street overnight, as comments from Federal Reserve Chair Jerome Powell dashed hopes for a dovish pivot on interest rates. The Downfall of the Asia Rally A weeks-long rally across Asian equities was abruptly halted after Powell stated the Fed was strongly committed to bringing inflation down and may need to raise rates higher than expected. His hawkish tone triggered a surge in Treasury yields and sent investors fleeing from risk assets. The MSCI Asia Pacific index dropped 1.2% on Friday, poised to snap a three-week winning streak. Japan’s Nikkei 225 fell 0.8%, while Hong Kong’s Hang Seng index plunged 2.1%. Chinese blue chips lost 0.9% and Australia’s benchmark sank 1.2%. “Powell stomped on the rally b

Stock futures extended losses Wednesday evening after a brutal day of selling that saw the Nasdaq Composite notch its worst single-day drop since February. The tech-heavy Nasdaq 100 futures contracts declined 0.7% in after-hours trading. S&P 500 futures also retreated 0.3%, while Dow futures hovered just below the flatline. The moves follow a volatile regular trading session driven largely by a nearly 10% plunge in shares of Google-parent Alphabet. Alphabet posted disappointing third quarter earnings after the closing bell Tuesday, with revenue from its Google Cloud unit falling short of analyst estimates. The disappointing results from the tech titan exacerbated a market-wide selloff that saw the S&P 500 tumble 1.4% to close below the key 4,200 level for the first time since May.

The stock market rally had a strong week, even as the major indexes paused after Wednesday. Falling Treasury yields fueled gains for much of the week, though yields rebounded on Friday. It’s a confirmed market uptrend, with leading stocks acting well. Investors should be taking part with discipline. The Magnificent Seven stocks — Apple, Microsoft, Google, Nvidia, Amazon, Tesla and Meta Platforms — have lived up to their title in 2023. Nvidia stock, the clear leader of the AI market rally, is in range. Apple, Amazon and Google stocks are also looking attractive. Meta, Microsoft and Tesla are hitting key resistance but could offer entries soon. Let’s analyze the current market conditions and outlook for the Magnificent Seven and other leading stocks. Table of Contents Re

Growth investing is all about finding the stocks poised to rapidly expand sales, earnings, and share price. While past performance is no guarantee of future success, stocks with a proven track record of hypergrowth tend to keep up the pace. We analyzed cutting-edge stocks across sectors primed for further growth. Based on fundamentals and expert forecasts, these 7 stocks have what it takes to deliver market-beating returns through Q4 and into 2023. Table of Contents: Introduction Shopify (SHOP) Salesforce (CRM) United Airlines (UAL) Palantir Technologies (PLTR) McDonald’s (MCD) Uber Technologies (UBER) Nvidia (NVDA) Conclusion FAQ Introduction For investors seeking wealth-building opportunities, growth stocks are where it’s at. Growth investing focuses on companies expandi

U.S. stock futures edged up Thursday morning as investors awaited critical inflation figures due later in the session. AMC shares rallied after completing an equity offering, while automakers faced a potential strike deadline. Futures tied to the S&P 500 gained 0.2%, signaling a modestly positive open. The broad market index is coming off its worst day in nearly two weeks after hotter-than-expected wholesale inflation data stoked worries about more aggressive Fed rate hikes. Investor focus now turns to the August Consumer Price Index reading, due out at 8:30 am ET. Economists expect the headline CPI to show an 8.1% year-over-year increase, marking a slight cooling from 8.5% in July. The core CPI, which excludes food and energy, is seen slowing to 6.1% from 5.9%. Cooling infla