So happy to be part of this community!
I’ve been thinking a lot about whether I’m comfortable investing in Apple. It’s obviously a large part of the Islamic mutual funds like Amana (I believe from memory it’s about 8.3% of their portfolio). And it’s grown like crazy over the last 12 months obviously (+50% or so YoY).
On the other hand, I have two concerns:
Zoya marks them as questionable because of the fraction of their income that comes from potentially questionable media sales.
According to multiple sources, they use Uighur forced labor in their factories (Apple suppliers linked to Uyghur forced labor in new report - The Verge).
There’s both the direct investment question, but then also the Amana mutual funds question as well.
Thoughts? Been struggling with this over the last few months.