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@Piotr I don't know which third party would benefit from adhering to such rules. Basic things like "no investment in the arms industry, alcohol, tobacco, etc." are also morally justifiable. In addition, there are only restrictions due to the interest ban for Muslims. If someone wants to adhere to it, then he does it. If not then not. A compulsion there is not so. 😊
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@Piotr In all honesty, I think Islamic investing is even more logical than ESG, because the rules are relatively clear and greenwashing doesn't work. If more than X percent is earned in a certain area, it's not compliant. Any media campaigns to improve the image are irrelevant.
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@Piotr It is a way of investing. Others invest according to the way of the logo. I only wrote that I personally find investing according to Islamic principles more comprehensible and in the end partly even more logical when I compare it with ESG, where it is also a lot about bringing morals into play. Is there theoretically also a Christian investing 😉.
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@Staatsmann that's where you pay church tax on your investment income 🤣 ? Moral investing based on ESG criteria - that's like preventing by pulling out.
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@KleinviehmachtMist We don't need to discuss the sense and nonsense or the performance of ESG. But if someone wants to invest this way: Fire away! It's none of my business what others do with their money or what their strategy is. Some put 100% of their capital in Bitcoin or Tesla. 🤷🏼♂️
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