Mumbra - Share Market and Investment

Date & Time
Venue Mumbra
Description

Rifah Chamber of Commerce Hosts Informative Session on Share Market and Investment in Mumbra

Mumbra, August 12, 2024: An engaging session focusing on the share market, investment strategies, and Shariah compliance was held at Al Aqsa Community Hall in Tanwar Nagar, Mumbra. The event, organized by the Rifah Chamber of Commerce and industry (RIFAH), aimed to provide valuable insights into market trends and successful trading practices for local traders and investors.

The audience comprised traders and individuals seeking clarity on Sharia-compliant investments. The program covered crucial topics such as investment strategies, market outlook, and the do’s and don’ts for successful trading.

The chief guest of the event, Mufti Akbar Hashmi, a Share Market Portfolio Manager and NSE-certified expert, shared his extensive knowledge of market patterns, the process of identifying Shariah-compliant shares, and strategies for staying clear of non-compliant investments. He also provided practical tips on identifying strong shares based on fundamental and technical analysis, as well as patterns like the sabbal stick pattern that can help investors.

Mufti Hashmi addressed key questions from participants, including how to identify Shariah-compliant shares, the viability of mutual fund investments, and methods for generating monthly income from the share market. His informative answers were well-received, and he encouraged attendees to stay connected with him for further guidance. He also shared details of his YouTube channel, “Mufti Sayyad Akbar Hashmi,” for those seeking more in-depth information.

The event also featured notable speeches from Mr. Mirza Afzal Baig, National General Secretary, and Dr. Mohammad Aslam, President of RIFAH Maharashtra. In his concluding remarks, Mr. Baig emphasized the importance of understanding the share market and making informed investments. He encouraged participants to log on to the official Rifah website for more resources and support.

Dr. Aslam delivered the vote of thanks, expressing his appreciation to all speakers, participants, and organizers for making the event a success. He also announced plans to organize similar programs in other parts of Mumbra to motivate local talent and promote self-employment opportunities.

The event was hailed as a success, providing participants with essential knowledge and actionable strategies for navigating the share market while adhering to ethical and Shariah-compliant practices.

About us

Rifah’s mission is to create a platform where business is generated through effective networking, and to scale up existing businesses by implementing proper systems using the latest management techniques.

Address

Flat No. 4 C & D, 1st Floor, Plot No. 96, 77C, Hamid Building, Hafiz Ali Bahadur Khan Marg, Mominpura, Jacob Circle, Byculla West, Mumbai – 400011