Salam Alejkum, I wanted to diversify my portfolio and specifically target cyber security stocks. I found this ETF “IE00BG0J4C88” from iShares but I saw there are some non-halal companies in there. How do you handle this situation? Are there any halal cyber security focused ETFs or do you directly invest in halal stocks? shukran.
I’m not aware of any cybersecurity ETFs that are certified as shariah compliant. One way to work around this is to invest directly in the top 10-20 shariah compliant holdings of the ETF. This allows you to gain similar exposure while avoiding non-compliant companies.
shukran, will do that!