This video is a bit deceptive and "clickbait-y." To invest with Cur8 you require us to be either high net worth individuals or sophisticated investors. In other words, 21 year old Ibrahim making 2K/month would never have qualified to invest with Cur8 to begin with. Please consider putting this disclaimer at the beginning of your videos.
That's a fair observation. But also to be fair I did mention the stocks and shares option which is open to all. And 21 year old Ibrahim would most likely still have qualified as a sophisticated investor 😀.
@@jezusinislam6468 These are the criteria that Cur8 has listed on their website to be considered a sophisticated investor: "Sophisticated investor means at least one of the following applies: In the last two years, you have worked in a professional capacity in the private equity sector or in the provision of finance for small and medium enterprises. In the last two years, you have been the director of a company with an annual turnover of at least £1 million. You have been a member of a network or syndicate of business angels for more than six months, and you are still a member. In the last two years, you have made two or more investments in an unlisted company." I'm not saying it's impossible to be a sophisticated investor without being a high net worth investor, but this video/channel is aimed at an audience that has a very low percentage of people who fall under these categories, hence why I originally claimed that this video is a bit deceptive. Ibrahim's response of saying that one can become a millionaire via the stocks and shares options is valid, but it would have been more helpful if he spent more time in this video discussing that option, as unfortunately, this seems to be the primary option out of the list of options he recommended that would yield the results he discussed. It would be nice to learn about his personal trading strategies that have netted him success in the past/present. May Allah grant us success in this dunya and akhirah, Ameen! 😃
@@sfteaches4920 sophisticated is just a blown out term, I traded a few pounds on Trading 212 and hold an isa account and that qualified me as a sophisticated investor. Just say yes yes yes to all the assessment questions and you'll qualify. Nothing extraordinary on the otherside just to add.
@medico3326 In the UK, there's 2 relevant things here: 1. Marriage allowance. The non working partner (or even a low-earning partner under 12k) can transfer a portion of their unused tax-free allowance to the working partner which can save them tax 2. You can share assets tax-free between spouses so you benefit from 2 sets of capital gains tax allowances etc
1:53 But you are not allowing normal people with average 2K salary to invest in your Cur8 platform, you have a condition to be a sophisticated investor. I hope you change this soon to attract beginner investors .
Sophisticated investor is just a loose term. I only traded one stock on Trading 212, hold an ISA account with Wahed, and use binance occassionally, and I qualified as a Sophisticated investor.
@ibrahim. 😂 I am laughing at your last tip of advice. Getting married. I wish I had that piece of advice. However, I did get married to a rich and humble wife and family. But she sacrificed ALOT for me and our now children who are well mannered and getting their education, knowledge. May Allah SWT help us attain the means of getting to closer to Allah SWT which ever means.
This works if your living at home and don’t have major expenses. Don’t forget about inflation, and big purchases in life (house, car, holidays, family,emergencies) which will erode the final figure big time. So in summary it’s more like 500k realistic on 2k monthly salary. Don’t forget to live your life guys, as future not guaranteed, so do treat yourself once in a while ! Balance is key.
The problem for me is that I live in the US, I tried signing up for your service but the system told me I needed to be an accredited investor. That means I need to have at least a million dollars or making 200k a year. So, I am not sure what kind of options I have.
My question is, if you consider that in 30 years you will have 1 million. What will the cost of living be at that time? How much will inflation decrease the value of the million. Surely 1 million will not have the same purchasing power in 30 years as it does now!
So you became a millionaire at 34, so you were 21 minimum 13 years ago, hence in 2011. Maybe more - back in a day it was possible to pay £1k for rent, utilities & food. Let's just look at the numbers now. Average salary in London is £44k, assuming you don't have to pay for student loan or contribute to your pension that should leave you at just under £3k per month. Average rent in London is 2k, that would be 75% of your income, say you decide to share a flat, minimum rent will be around £1k per month, add utilities, food, transport another 1k per month - you get 750k spare for investing, but you say to invest more you should work weekends, so technically you don't have a life anyway , hence you would have more. The numbers could potentially work, but in todays society, if you earn 2k a month, which is a reality for a lot of England - there is no chance of achieving £750 savings a month unless you live with your parents and don't pay for rent.
Totally agree. We live in a messed up world right now and for folks especially in London this isn’t possible. But the moment you can eke out £750 savings a month, this gameplan can be impmented.
£1000 monthly cap is doable if you're living at home. But if you're not then the minimum budget (privately renting) has to go up to £2000, so your income has to be £3000 pcm
I’m 21 and tbh it feels like you’re describing me in this video! I used to have my money in the GBP income fund but I decided to move it across to a stocks and shares ISA where I can invest it into something higher risk whilst shielding it from the tax man. Cur8’s VC, PE and other funds are interesting but I don’t think I would even consider that unless I’m maxing out my ISA allowance each year and have money to spare - which probably won’t be for a long time or maybe never
I make about 2% per day in investments so inshallah I’ll reach the 1million mark in the next 3-4 years without having to do the salary sacrifice (or even sooner with it)
I don't want to take anything away from Cur8. But I've put my daughters money in a shariah compliant ISA and it's doing 12% average over the 4 years. Why is it doing so well?
It’s impossible to save yourself to a millionaire. Opening a business is the only solution to being a millionaire. We need to learn how to generate money not save.
I am from India i want to help my muslim brother of Indian they live in poverty i wanna became billionaire so charity and uplift indian muslim education how became billionaire halal way
So how can we invest in your funds that you created if we’re not high net-worth individuals? You gave an example of $2k/mo but even that person cannot invest in your funds. So what about the rest of us who aren’t “accredited investors”? What do we do if we’re trying to grow our wealth in a halal way? Why is it so hard for us trying to make it halal?
£1 million is still going to be a lot of money in 45 years time. In fact, most people are not going to earn £1million throughout their working life after taxes etc.
@@IFGuruWhy dont you address the fact that a man has to provide for the wife and children according to islam? You are instead encouraging me to demand 50-50 sharing of the expenses.
Is it possible for a UK based person like me to invest in these REITs in the Middle East (I understand if 50% is a bit much as property investment is moderate risk, so do you recommend I lower the allocation percentage): • Axis REIT: 20% • Al-Aqar Healthcare REIT: 15% • Jadwa REIT Al Haramain: 10% • Alinma REIT: 5%
@ is there any specific REITs (even though I view stocks as permissible I follow the stricter view no usage of interest loans or interest based saving accounts) or other alternative investments in the Middle East (such as Saudi Arabia, UAE, Kuwait, Malaysia, etc) you’d recommend.
Bull run for BTC will be over by next year max 6 months left. Start investing in BTC in 2026 ready for the next bull run and you should make 2 to 3 times on your investment by 2029/30
Yes, you can sign up as normal. We have investors from all over the world that are part of the platform. On the platform you'll be able to see all the deals we have available as well as be notified for future deals.
But unless you are already a millionaire, you can't get in it. Too funny, isn't it? He tells you how to become a millionaire using the company, but you will have to be one first, before getting in.🤣🤣🤣 People have zero integrity these days!
@@AminHoque not fixed. As a user for over a year, it's the projected annualised return which has been true and reflected in my account. Its actually been higher, but anything above 7.5% they take. They are transparent in mentioning also that 7.5% may not be achieved depending on market conditions. However, like I said they've met 7.5% each time as it's not an unrealistic projection. From my own side investments in addition to Cur8, I've compounded to well over 17%, and I consider myself a novice compared to their experience, so a safe 7.5% annualised return is a very safe projection.
Realistic = the calculation you have assumed i.e. 7% pa is okay for those not paying Zakat and thus being a millionaire by 34 etc is feasible Unrealistic = A Muslim must pay 2.5% zakat + a further 3% inflation therefore NET return is 1.5% pa thus being a millionaire after the age of 50 Lets keep the videos based on your primary audience brothers
That's a good point. Zakat depends on what you are investing in though and so it won't apply in almost all cases at a 2.5% rate. In some cases it'll be 0. In terms of inflation, in the medium to long term, growth assets will typically adjust for this in the price anyway.
Why you are making fun of Accents in recent videos? You always use it when you are making a negative statement or something you dont agree with. Very Disappointed
This guy lives in la la land. I hate it when these so called financial adviser/investors recommend that we save 30-50% of salary. People live on overdraft facilities they have. I don’t know anyone who saves 50% of their salary. Secondly uprooting and leaving London for example it’s not as easy. Leaving family, kids in school, job etc I never find this guys’ content good, it’s full of rubbish. Everything he says is so unrealistic if not impossible.
It's subjective advice by nature. Honestly, everything mentioned here 100% applies to me. I live rent free with my family of 5 in my mum's house on a decent 49k salary in London with savings in excess of 1k monthly. But I prefer to splash money on food, gaming, rgb lighting for my rig, and pushing the rig to the max fps it can deliver. I can hit the 1m bank in 14 yrs but genuinely have no interest in that.
When you get married, don't spend £50K on the wedding, instead, invest it. 😅
This video is a bit deceptive and "clickbait-y." To invest with Cur8 you require us to be either high net worth individuals or sophisticated investors. In other words, 21 year old Ibrahim making 2K/month would never have qualified to invest with Cur8 to begin with. Please consider putting this disclaimer at the beginning of your videos.
That's a fair observation.
But also to be fair I did mention the stocks and shares option which is open to all.
And 21 year old Ibrahim would most likely still have qualified as a sophisticated investor 😀.
You can become sophisticated investor without being a high net worth investor
@@jezusinislam6468 These are the criteria that Cur8 has listed on their website to be considered a sophisticated investor:
"Sophisticated investor means at least one of the following applies:
In the last two years, you have worked in a professional capacity in the private equity sector or in the provision of finance for small and medium enterprises.
In the last two years, you have been the director of a company with an annual turnover of at least £1 million.
You have been a member of a network or syndicate of business angels for more than six months, and you are still a member.
In the last two years, you have made two or more investments in an unlisted company."
I'm not saying it's impossible to be a sophisticated investor without being a high net worth investor, but this video/channel is aimed at an audience that has a very low percentage of people who fall under these categories, hence why I originally claimed that this video is a bit deceptive. Ibrahim's response of saying that one can become a millionaire via the stocks and shares options is valid, but it would have been more helpful if he spent more time in this video discussing that option, as unfortunately, this seems to be the primary option out of the list of options he recommended that would yield the results he discussed. It would be nice to learn about his personal trading strategies that have netted him success in the past/present.
May Allah grant us success in this dunya and akhirah, Ameen! 😃
Who wants to just have be a millionaire after 20 years through denying some of life’s pleasures. It’s Just a number
@@sfteaches4920 sophisticated is just a blown out term, I traded a few pounds on Trading 212 and hold an isa account and that qualified me as a sophisticated investor. Just say yes yes yes to all the assessment questions and you'll qualify. Nothing extraordinary on the otherside just to add.
Being married has financial perks even without a second salary:
1. You get tax benefits
2. More importantly it can increase your rizq
How do you get tax benefits?
@medico3326 In the UK, there's 2 relevant things here:
1. Marriage allowance. The non working partner (or even a low-earning partner under 12k) can transfer a portion of their unused tax-free allowance to the working partner which can save them tax
2. You can share assets tax-free between spouses so you benefit from 2 sets of capital gains tax allowances etc
1:53 But you are not allowing normal people with average 2K salary to invest in your Cur8 platform, you have a condition to be a sophisticated investor. I hope you change this soon to attract beginner investors .
Something is in the works 💪🏽
Not to mention the extortionate monthly fees
@@IFGuru This is promising to hear! I am highly interested in seeing something targeted towards beginner investors إن شاء الله
Sophisticated investor is just a loose term. I only traded one stock on Trading 212, hold an ISA account with Wahed, and use binance occassionally, and I qualified as a Sophisticated investor.
Not a financial advice but I can 4x that by marrying 4 wifes 🎉🎉🎉
@ibrahim. 😂 I am laughing at your last tip of advice. Getting married. I wish I had that piece of advice. However, I did get married to a rich and humble wife and family. But she sacrificed ALOT for me and our now children who are well mannered and getting their education, knowledge.
May Allah SWT help us attain the means of getting to closer to Allah SWT which ever means.
Ameen!
This works if your living at home and don’t have major expenses. Don’t forget about inflation, and big purchases in life (house, car, holidays, family,emergencies) which will erode the final figure big time. So in summary it’s more like 500k realistic on 2k monthly salary. Don’t forget to live your life guys, as future not guaranteed, so do treat yourself once in a while ! Balance is key.
The problem for me is that I live in the US, I tried signing up for your service but the system told me I needed to be an accredited investor. That means I need to have at least a million dollars or making 200k a year. So, I am not sure what kind of options I have.
That's fair. Inshallah we are building some products out that will serve a non-accredited audience in the next year, and then we'll come abroad too.
@@IFGuru Thank you very much! I will look forward to it!
Jazaka Allah Khair
Where are you in USA?
@@native5647 Minnesota but what difference does it make?
Come to Australia. We really need some Islamic finance options here.
My question is, if you consider that in 30 years you will have 1 million. What will the cost of living be at that time? How much will inflation decrease the value of the million. Surely 1 million will not have the same purchasing power in 30 years as it does now!
I loved this on so many different levels!
So you became a millionaire at 34, so you were 21 minimum 13 years ago, hence in 2011. Maybe more - back in a day it was possible to pay £1k for rent, utilities & food. Let's just look at the numbers now. Average salary in London is £44k, assuming you don't have to pay for student loan or contribute to your pension that should leave you at just under £3k per month. Average rent in London is 2k, that would be 75% of your income, say you decide to share a flat, minimum rent will be around £1k per month, add utilities, food, transport another 1k per month - you get 750k spare for investing, but you say to invest more you should work weekends, so technically you don't have a life anyway , hence you would have more. The numbers could potentially work, but in todays society, if you earn 2k a month, which is a reality for a lot of England - there is no chance of achieving £750 savings a month unless you live with your parents and don't pay for rent.
Totally agree. We live in a messed up world right now and for folks especially in London this isn’t possible.
But the moment you can eke out £750 savings a month, this gameplan can be impmented.
I live in my mum's basement on a salary of 49k as a teacher. Where there's a will, there's a way! Rent free if I may add.
1:48 rent cost is around £1000 - let alone the bills etc
Go for a smaller house or a cheaper location..
@SweetiePie-cb9fkWhere can you live that rent + energy + water + council tax + groceries doesn't add up to more than 1000
That's so good and almost so accurate as well 👏
I agree with the principles. A lot of friends I know are not investing at all at age 21-27 while living at home with
💯
£1000 monthly cap is doable if you're living at home. But if you're not then the minimum budget (privately renting) has to go up to £2000, so your income has to be £3000 pcm
I’m 21 and tbh it feels like you’re describing me in this video! I used to have my money in the GBP income fund but I decided to move it across to a stocks and shares ISA where I can invest it into something higher risk whilst shielding it from the tax man. Cur8’s VC, PE and other funds are interesting but I don’t think I would even consider that unless I’m maxing out my ISA allowance each year and have money to spare - which probably won’t be for a long time or maybe never
I make about 2% per day in investments so inshallah I’ll reach the 1million mark in the next 3-4 years without having to do the salary sacrifice (or even sooner with it)
You should have mentioned some traditional methods… such as working as 1 unit with your 4 brothers & 4 sisters
I got earning 380 -£430 when I was 21
Click bait
I don't want to take anything away from Cur8.
But I've put my daughters money in a shariah compliant ISA and it's doing 12% average over the 4 years. Why is it doing so well?
The fastest way to become a millionaire is to buy an existing business, you can do it in less time, it works than spending years investing
The Manutd’s joke got to me
Ibrahim bhai is a cool guy Mshallah....I wanna be your friend bro 😅 IA and want to benefit from your Ilm and Hikmah
brilliant!
As-salamu alaykum becareful on adding music
is there music?
It’s impossible to save yourself to a millionaire. Opening a business is the only solution to being a millionaire. We need to learn how to generate money not save.
I am from India i want to help my muslim brother of Indian they live in poverty i wanna became billionaire so charity and uplift indian muslim education how became billionaire halal way
How does someone invest in the Cur8 Income Fund if they are not high net-worth or a sophisticated investor? Jzk
Great video. Love it
I thought that investing in private equity was haram
Investing is Sunnah!
Rasullallah (SAW) was a businessman and used to fund caravans.
So how can we invest in your funds that you created if we’re not high net-worth individuals? You gave an example of $2k/mo but even that person cannot invest in your funds. So what about the rest of us who aren’t “accredited investors”? What do we do if we’re trying to grow our wealth in a halal way? Why is it so hard for us trying to make it halal?
Sad thing is, what's £1 million even worth 20/30 years from now?
£1 million is still going to be a lot of money in 45 years time. In fact, most people are not going to earn £1million throughout their working life after taxes etc.
12% return per year doesn't seem to be realistic, considering tax, management fee and so on. This plan doesn't seem to be 100% accurate.
Last tip is to get married? Is it realistic for a wife to add to your financial capability rather than be a liability?
Depends on the wife 🫠
@@IFGuruWhy dont you address the fact that a man has to provide for the wife and children according to islam? You are instead encouraging me to demand 50-50 sharing of the expenses.
@@MissLoca901Do you account for the role a wife plays as well?
What’s the return rate of the income fund after the fees?
Is it possible for a UK based person like me to invest in these REITs in the Middle East (I understand if 50% is a bit much as property investment is moderate risk, so do you recommend I lower the allocation percentage):
• Axis REIT: 20%
• Al-Aqar Healthcare REIT: 15%
• Jadwa REIT Al Haramain: 10%
• Alinma REIT: 5%
Hard to opine on specific reits in mena region. I'd tread carefully though as there's regularly funky stuff that happens with them.
@ is there any specific REITs (even though I view stocks as permissible I follow the stricter view no usage of interest loans or interest based saving accounts) or other alternative investments in the Middle East (such as Saudi Arabia, UAE, Kuwait, Malaysia, etc) you’d recommend.
What about investing in Gold?
Is that a good option as we would have to also pay Zakah on it
dominos is on the boycott list
Your good ipoht
Or we can DCA $500 each month into BTC and let it do its magic
Sounds cool but the value can reduce in the coming months
BTC 🤣🤣🤣
It's way too high to make any impact on small contributions
Bull run for BTC will be over by next year max 6 months left. Start investing in BTC in 2026 ready for the next bull run and you should make 2 to 3 times on your investment by 2029/30
@@azym13With Trump's administration full of cryptocurrency billionaires, the stars are aligning for the industry.
1k a month? Rent in London 1.5k. How does this work exactly?
Mashallah brother
Assalam o Alikum
Is there interest involved in your advice ??
Is there any risk of losing money on your investment or only profit
I am in USA, how to invest in Cur8? Are there such shariah compliant private equity companies in USA to invest?
Yes, you can sign up as normal. We have investors from all over the world that are part of the platform. On the platform you'll be able to see all the deals we have available as well as be notified for future deals.
But unless you are already a millionaire, you can't get in it. Too funny, isn't it? He tells you how to become a millionaire using the company, but you will have to be one first, before getting in.🤣🤣🤣 People have zero integrity these days!
Invest in mutual funds or ETFs in USA
wait, the return you get is that not from ribaa??
What is minimum criteria for cur8 capital ?
Did he open with a Glasgow accent or a Pakistani accent ?
Both!
Live in a van? You serious? Wait until you’re 50 to have a family? This is BS
Lolz
Brother don't diss the van life.
How can I get in contact with you?
Ibrahim your gbp income fund is only open every so often? So how can we deposit monthly into this?
Next time it is open set up a monthly payment plan.
OR just buy a few tech/ai stocks :)
When you said 50% in income fund and 50% in other (property/ pe), that means 750GBP in income and 750GBP in other, monthly?
Compound interest?
compound profit
@maniac3173 profit varies depending on sales/business. He seems to be offering a fixed percentage return
@@AminHoque not fixed. As a user for over a year, it's the projected annualised return which has been true and reflected in my account. Its actually been higher, but anything above 7.5% they take. They are transparent in mentioning also that 7.5% may not be achieved depending on market conditions. However, like I said they've met 7.5% each time as it's not an unrealistic projection. From my own side investments in addition to Cur8, I've compounded to well over 17%, and I consider myself a novice compared to their experience, so a safe 7.5% annualised return is a very safe projection.
Can you do this from a US perspective where we don't gace ISA etc.
We have mutual funds
How to invest in your capital?
Go to: cur8.capital/
Cur8 Capital
Realistic = the calculation you have assumed i.e. 7% pa is okay for those not paying Zakat and thus being a millionaire by 34 etc is feasible
Unrealistic = A Muslim must pay 2.5% zakat + a further 3% inflation therefore NET return is 1.5% pa thus being a millionaire after the age of 50
Lets keep the videos based on your primary audience brothers
That's a good point.
Zakat depends on what you are investing in though and so it won't apply in almost all cases at a 2.5% rate. In some cases it'll be 0.
In terms of inflation, in the medium to long term, growth assets will typically adjust for this in the price anyway.
❤
is it better to withdraw profits to spend on holidays or leave it in and use from liquid, ie banks?
Unless you have children, you shouldn't be spending anything on the holidays.
I'm in the UAE can ai invest with Cur8?
Yes! We have investors from all over the world that are part of the platform.
Looool
Why you are making fun of Accents in recent videos? You always use it when you are making a negative statement or something you dont agree with. Very Disappointed
Ibrahim is Pakistani and is mimicking an old Pakistani uncle. Its a bit of light heart yo his video.
This guy lives in la la land. I hate it when these so called financial adviser/investors recommend that we save 30-50% of salary. People live on overdraft facilities they have. I don’t know anyone who saves 50% of their salary.
Secondly uprooting and leaving London for example it’s not as easy. Leaving family, kids in school, job etc
I never find this guys’ content good, it’s full of rubbish. Everything he says is so unrealistic if not impossible.
Always happy to hear feedback.
What kind of content or questions would you love to have answered?
It's subjective advice by nature. Honestly, everything mentioned here 100% applies to me. I live rent free with my family of 5 in my mum's house on a decent 49k salary in London with savings in excess of 1k monthly. But I prefer to splash money on food, gaming, rgb lighting for my rig, and pushing the rig to the max fps it can deliver. I can hit the 1m bank in 14 yrs but genuinely have no interest in that.