Wealth creation through the Idafa Investments franchise

The Idafa Investments franchise means multiplying or doubling and the name itself suggests its main concern to create wealth for its clients. The business services franchise has a dedicated team of consultants, who monitor the stock markets on a continuous basis, in order to generate profits for the customers. The business consultant franchise does not compromise on Shariah and eliminates dealings with companies involved in the production and sales of tobacco, alcohol, vulgar entertainment and borrowing or lending on interest (finance companies and banks).

There are financial parameters for Shariah compliance such as debt to assets, which excludes companies wherein total debt is divided by trailing one year average market capitalisation that is greater than or equal to 33 per cent. The other financial parameters are liquid assets to total assets, which excludes companies wherein the sum of cash and interest-bearing securities is divided by TTMAMC is more than or equal to 33 per cent. Finally, receivables to assets is a financial parameter, which excludes companies, wherein accounts receivable is divided by TTMAMC is more than or equal to 33 per cent.

People often think of stock exchanges to be gambling dens and therefore an unethical avenue for making investment. However, this is flawed, if one considers the criteria of the above-mentioned investments and the fact that forms of speculative trading swing trading, day trading, margin trading, trading in derivatives or short selling is prohibited. Every investment needs to done based on a fundamental analysis of a company and its activities.