I am in the US. I have about $25,000 to invest but confused about where to start. I am not very savvy about the stock market. I have been reading about the halal ETFs such as HLAL and SPUS.
Platforms like ShariaPortfolio and Wahed charge about 0.75% fee to invest less than $100,000 (from what I have read on their websites).
Because I don’t know how to invest and don’t have enough time to keep track on a regular basis should I stay with one of these platforms?
Or should I try something like M1 Finance?
I guess the question is if I buy SPUS through M1 finance can I “buy it and forget it” or will I need to track it regularly since I won’t have an advisor doing it for me?
Does anyone know if Wahed and ShariaPortfolio have advisors managing the funds if less than $100,000?
Sorry for the long post and Jazakallah for your time!