What makes an ETF shariah compliant? Is there a ratio of compliant to non compliant that makes or breaks it?
Also, I’m interested in investing into cybersecurity ETFs (cibr, ihak, hack, bug). I tried to used the app to verify but not sure if they’re shariah compliant.
Assalaamu Alykum Mahamoud, welcome to our community! Great to have you with us. That’s a good question.
Our CEO @saad provided the answer below to a similar question on another thread.
Here’s a thread that includes a list of ETFs that have less than 10% non-compliant holdings, dated back in January.
Regarding the ETF’s you mentioned, was there any information you’d like to see in more detail?