Finding stocks that align with both strong financial performance and Shariah compliance can feel limiting. Many of the world’s most valuable companies fail to meet Islamic investment criteria due to their involvement in interest-based finance, impermissible business lines, or controversial activities. But there’s still a sizable universe of companies that not only pass Shariah compliance, but also carry high conviction from analysts.
Disappointing that your own “top” recommendations still include companies with clear ties to Zionism like Nvidia and Oracle. This in 2025, after close to 600 days of genocide in Gaza.
Nvidia’s commitment to the settler colonial state of Israel is growing stronger by the day. Beyond billion dollar investments in operations (the biggest outside the US) and R&D centers (seven, with more coming), NVIDIA’s technology could be used to kill. At the end of 2023, amid Israel’s genocidal campaign in Gaza, Nvidia launched Israel-1, the country’s most powerful generative AI cloud supercomputer. Don’t we now know what the Israeli military does with commercial AI technology?
And Oracle’s wide suite of cloud and solutions have found application across industries in Israel, including defense. In fact, it may have taken it further than any other US company by making strengthening Israel’s trade and political ties globally a corporate objective.
What about P&G that has factories on occupied territories?
Do better research, Zoya. With many scholars now calling for a jihad, by all means (including financial), against Israel, business as usual is no longer possible.