Hello brothers,
I invest in the US stock market, and since the beginning of the war on Gaza, I’ve been paying a close attention to all corporations that could be connected to Israel in anyway, so I can consider if I should invest in it or boycott it … I went through over 1150 stock symbol that were marked as (Shariah Compliant) by Zoya, and studied each one of them closely to see if they’re related to Israel and categorized them in this manner:
1- Green: (Okay), no issue found.
2- Yellow: (Okay, But), still but with some warning signs (i.e. a Healthcare company that operates in Israel but not involved in anything outside the medical field…etc).
3- Orange: (Concern), something is not okay or of concern (i.e. Substantial existence in Israel, too many investments over there, or a company involved in some Haram or controversy activities even if marked as Shariah Compliant).
4- RED: (WARNING), (This’s when a company is DIRECTLY involved in something wrong, even if tagged as Shariah-compliant (i.e. A company works in Defense industry and/or is active in Israel, as I presume that any Defense industry in the US is currently being used against our brothers in Gaza, the middle east and the rest of the world).
I would like to share this work with everyone here in our community, please keep this file with you and share it with other communities. I added a (Reference) column beside each company stock symbol that contains URL links of all evidence I found online while searching this company so you can check and investigate for yourselves.
Also note that I started this effort over 2 years ago, some of the stock symbols here were marked as (Shariah Compliant) back then but some of them might have been changed to (Non-Shariah Compliant)… So, always check Zoya app before investing, this list is a study for the sake of the Boycott campaign, and is not a Shariah-Compliance reference, we use Zoya and similar apps for this.
The list’s file you can download from this link:
work.pdf (1.4 MB)