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Wealthsimple labels some GameStop, BlackBerry and AMC stocks as risky by The Canadian Press Last Updated Jan 29, 2021 at 12:14 pm EDT TORONTO Canadian investing app Wealthsimple is labelling some stocks as “risky” after this week’s volatility in shares of GameStop, BlackBerry and other social media darlings. GameStop’s stock page on the app advises users that the ticker, GME, is considered risky and that traders should expect high volatility. The Toronto-based robo-adviser suggests that investors who want to trade the stock place a limit order with a set price. AMC Entertainment and BlackBerry stocks also carry a warning on the app after prices whipsawed this week, posting steep gains or losses from day to day. ....
Najar says the main driver for his investment decisions is religious. I cannot do the other way, it s just impossible. Even if there is money to be made I cannot make it that way, he said from Vancouver. The money he invests must do no harm and be beneficial for society. Usaries are forbidden because the Qur an says Muslims aren t allowed to profit from lending money, so earning interest from an individual or bank is prohibited. Socially responsible investing, including those based on religious beliefs, is a growing trend in Canada with assets under management surging to $3.2 trillion last year, up from $2.1 trillion in 2017, according to the Canadian Responsible Investment Trends Report. ....
Ross MarowitsCanadian PressIE Staff Ahmed Najar only started investing two years ago after discovering a way to do so that aligns with his Muslim values. The 36-year-old lab researcher turned to Halal investing that screens out forbidden investments such as pork, alcohol, tobacco, weapons, adult entertainment and the biggest no-no of all: debt, bonds or interest. Najar says the main driver for his investment decisions is religious. “I cannot do the other way, it’s just impossible. Even if there is money to be made I cannot make it that way,” he said from Vancouver. The money he invests must do no harm and be beneficial for society. Usaries are forbidden because the Qur’an says Muslims aren’t allowed to profit from lending money, so earning interest from an individual or bank is prohibited. ....
TORONTO - Ahmed Najar only started investing two years ago after discovering a way to do so that aligns with his Muslim values. Jesse Reitberger, left, and Sheraz Ali pose for an undated handout photo. Reitberger and Ali founded Canadian Islamic Wealth, in Winnipeg, to help Muslims invest their money according to their religious values. Faith-based and socially responsible investing are growing trends in Canada. THE CANADIAN PRESS/HO, MANDATORY CREDIT TORONTO - Ahmed Najar only started investing two years ago after discovering a way to do so that aligns with his Muslim values. The 36-year-old lab researcher turned to Halal investing that screens out forbidden investments such as pork, alcohol, tobacco, weapons, adult entertainment and the biggest no-no of all: debt, bonds or interest. ....