Crist (@savvy_investor_60) on getquin

1Yr·

Hey, what do you guys actually think about Islamic ETFs?

I often read here that some ETFs are highly recommended, but never to the Islamic ETFs.

If I would invest in ETFs, then one of those: $ISUS (+0.1%)
$ISWD (+0.02%) and $ISDE (+0.35%) , simply for religious reasons.

I think very few, even none at all is invested there, because there are simply also better ETFs, or growth starchers.

What is your opinion about these Islamic ETFs?

38 Comments

DerDanner@Therapeut

1Yr

Other than for religious reasons, I see no reason to buy these ETF's....

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Paketknecht@Paketknecht

1Yr

What strikes me is that the financial sector is completely absent and the ETFs are even more IT-heavy than the conventional indices, Microsoft in $ISWD with 15% weighting, in $ISUS almost 23%, which is extreme for such ETfs.

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Ecoinvestment@Ecoinvestment

1Yr

It is a good thing for devout Muslims to be introduced to investing.

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HorseWithNoName 🐴@Plossi

1Yr

I don't think anything of it. 🐴

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Staatsmann@Staatsmann

1Yr

I find the concept behind it interesting and more intelligent than ESG stuff. Still, I tend to invest more in normal ETFs as they have better performance. Info on the topic probably has @halal_investieren

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Sandy the Squirrel@Esperanza

1Yr

Are not the interest forbidden in Islam that one may not get there even daily money account interest or am I wrong?

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Eugene H.@RealMrKrabs

1Yr

Is there actually anything where Allah and Mohammed have nothing to say? 🙄 Did not even know that there is such a thing.

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InvestmentIgel@DerIgel

1Yr

As an avowed atheist and capitalist, a no go for me.

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Okulaja@Okulaja

1Yr

I am invested in msci World islamic etf and as some claim here it has nothing to do with religion but there is not invested in gambling porn tobacco industry. I find great and am satisfied.

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Pat1996@Pat1996

1Yr

Actually, one should not invest in almost any company, because probably all of them pay interest for loans or hold bonds. Thus, with 100% consistency, the only thing left to do would be to invest in real assets and real estate with equity.

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