If you’re building a halal investment portfolio and looking for passive income, you’ve likely run into a common problem: most halal ETFs don't offer high dividend yields. This is by design. Shariah screening removes many traditional high-yield sectors that rely on interest or carry excessive debt.
Inshallah the AAOIFI will discard their simplistic debt screener for something better that balances the reality of our world (like the compromise allowing a little bit of riba income) and isn’t as simplistic as market cap which isn’t a value anchored to reality.
One day every standard that is x dividend by market cap will be replaced with something better.