427
5.2K
41.8%
A total stock market index funds invests in all the sectors and all industries in the stock stock market, including industries that are not Shariah-Compliant. So please avoid it. Sone index funds you can choose are: US: ETFs -Wahed FTSE USA Shariah ETF (Ticker Symbol: HLAL) -The SP Funds S&P 500 Sharia Industry Exclusions ETF (Ticker Symbol: SPUS) -Wahed Dow Jones Islamic World ETF (Ticker Symbol: UMMA) Mutual Funds to Consider: -Amana Mutual Funds - Azzad Mutual Funds UK: -iShares MSCI USA Islamic UCITS ETF (ticker: ISUS) (US Markets ETF) -iShares MSCI World Islamic UCITS ETF (ticker: ISWD) (Developed Markets ETF) -ISDE (Emerging Markets Stocks ETF) -AMAP AMAL (Mainly Developed Markets ETF) Mutual Funds -HSBC Islamic Global Equity Index (Mainly Developed Markets Stocks Mutual Fund) - Schroders Islamic Global Equity Fund (Mainly Developed Markets Stocks Mutual Fund) Canada - Wealthsimple’s World Equity Index ETF (WSHR) Australia - None on the Australian Stock Exchange - You will likely have to invest in options on the halal options US or UK stock market
427
5.2K
41.8%
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