Zoya Team - Zoya Blog

Are Kalshi and Polymarket Halal or Haram? Prediction Markets in Islam

Are Kalshi and Polymarket halal? No. The scholars who have examined modern prediction markets classify their event contracts as maysir (gambling): two sides stake money on an uncertain outcome, and the winner takes the loser’s stake. Nothing is owned and nothing is produced. That does not change because Kalshi

Saving

Halal Money Market Fund: Best US Alternatives in 2026

If you have cash sitting on the sidelines, the conventional advice is simple: put it in a high-yield savings account or money market fund and earn a return while keeping it relatively safe and accessible. For Muslim investors, that creates a problem. High-yield savings accounts pay interest, and

Investing

SpaceX IPO: Shariah Compliance Breakdown

SpaceX (SPCX) is one of the most talked-about companies in the world and has a lot of investors paying attention. The company reported $18.7B of revenue in FY2025 across three operating segments — Space, Connectivity, and AI — and counts the U.S. government among its largest customers, with approximately