For Muslim investors, selecting the right ETFs requires a delicate balance between financial performance and Shariah compliance. This process can be complex, as ETFs are collections of various securities, each of which needs to be evaluated for adherence to Islamic principles.
Reading through these ETFs they contain companies that are openly in support of the israeli campaign. How can these be shariah compliant?
I’m very new to investing and this the what has held me back from investing in any ETFs. I far as I know the only way to get around this is th e screen the sharia ones against the Israeli companies and invest individually. Please advise if there is another etf that reflects our ethical views
Exorbitant prices!
True, but the hope is they come down as these ETFs get bigger. Companies like Vanguard can offer expense ratios as low as 0.03% but that’s because they have trillions of dollars in AUM.