Why Quarterly Review?
Reviewing your investment portfolio every three months is not a luxury but a necessity to ensure alignment with your financial goals and Islamic finance principles. Market changes, asset prices, and personal circumstances require periodic evaluation. A professional financial advisor does this to balance risk and return while avoiding riba and gharar.
Step 1: Evaluate Performance
Start by comparing your portfolio's actual returns with Sharia-compliant benchmarks. Avoid interest-based or highly speculative instruments. Use metrics like the yield of a leased asset or the profit from installment sales. Record any deviation from initial targets.
Step 2: Rebalance
Due to market movements, asset weights in your portfolio may shift. Sell some overperforming assets and buy underperforming ones to rebalance, while maintaining true ownership of assets. Avoid any transactions involving riba or selling what you don't own.
Step 3: Review Fees and Costs
Ensure all fees (e.g., management or brokerage) contain no prohibited elements. For Qist platform, transparent 2% fee with no hidden costs. Compare this with traditional alternatives that may include indirect interest.
How Qist Implements This
Qist provides a simple dashboard to view your leased or installment-sold assets. Every quarter, you can download a performance report directly from the Base blockchain. Thanks to open verified contracts, you can check the platform's adherence to surplus refunds and a 3-day grace period without any riba.
Discover Qist: qist.info
Informational content, not financial advice.