If you know anything that’s halal and I can flip let me know, inshallah the plan is make couple mills and invest heavily in Somalia and short the west wherever I can, just like Abti Xi Ping
personally i will not buy or invest in LAND in Somalia, too many fake documents claiming this land or plot is mine as there was no government for 30 years
inn terms of investing in business, do not invest in Somalia, when it becomes booming, the owner of the shop/factory will say give me back my property, so he can do it himself, unless of course you own the said shop/factory
i dont know your risk tolerance and never give tips on what to invest in, each man to himself, people never take my tips anyways
but i want you to know this, every stock you touch virtually is haram because they borrow money / loans even if they make halal products
take apple for example, they make halal product, but in reality apple is more of a bank with a few hundred billion they lend out or invest in US T Bills interest giving bonds
so in my opinion even the ones who make the halal products either lend money or borrow money with riba
I am not an expert in Islamic finance, but logic tells me if a company borrows money or lends money at riba , then its haram
but one can invest in halal items if they are not using riba based leverage : commodities, sugar, oil, copper, gold, wheat etc
forex is also halal as long as you are not using riba based leverage accounts
options i dont see an issue with personally as long as its not leveraged riba account
but you need extensive knowledge in these fields as well a macro economics to trade options, forex, futures contracts in oil, gold, wheat, copper etc
dont watch a video and think you can do it, long term studies
May Allah forgive me if i have given wrong advice, and Allah knows best
seek advise from a Muslim professional halal investing experts