1Yr·

1x Sale & 1 Advance Notice: Financial Screening Fails


$MMM (+1.06%) unfortunately did not become Sharia-compliant again, which is why the share has now been sold after the waiting period.


In addition, the $NUE (+0.42%) share has also developed too non-compliant. There is now still the waiting period of one quarter to wait, although I do not expect a change. Limit sell order has been created.

25.10
3M logo
Sold x2 at €85.00
€170.00
33.85%
24
64 Comments

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Halal invest..luckily you can block here....
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Why is everyone so negative here? Basically, it's the same as excluding certain topics (tobacco / armaments). How many decide for any socially responsible ETFs or sustainability ETFs. For some other or more comprehensive criteria are important and fall back on Halal shares/ETFs. That doesn't make any difference. Help each other and be a bit more thankful that everyone can get information about their investments here. Thank you @halal_investieren @
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Brother, I also invest halal. you can see from the comments again how islamophobic many people are. investing shariah compliant is nothing more than following ESG criteria. you exclude certain companies based on personal beliefs. in Islam a company may not have a harames/forbidden business model. Forbidden in the Islamic sense are, for example, gambling, armaments, alcohol, non-halal food, interest. The implicit consequence of this kind of investing is that you look more deeply into the business model and the numbers, which in turn results in making more qualified decisions and developing a good understanding of what you own. So chill out everyone.
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What's not Sharia-compliant about 3M?
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Rick don't be ridiculous and invest your two pennies. Don't annoy the people who have their fun here. How hateful do you have to be to defend your point of view so stupidly. Thank goodness you don't represent society.
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Is halal actually an out- or underperformance factor? Are there any quantitative studies on this?
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It is certainly difficult to invest Halal in the stock market - but I would probably prefer the MSCI World Islamic.
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What may satire
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Buy high sell low 🔥
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Good for them.
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