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KingC@RaphGM
6Mes
Perhaps because potential investors for such products would not invest their money in Israeli companies.
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PowerWordChill@PowerWordChill
6Mes
@RaphGM the funny thing is 5% Haram per company is allowed... even 38% if you include the debt.
But 0.15% Israel in the index is absolutely not allowed! 🤣
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Rmann@Epi
6Mes
@PowerWordChill Sorry, but that's so stupid. You can't make something like that up!

5% Haram = heaven, 5.01% Haram = hell. And another joke: Allah does what he wants anyway. 😂
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KingC@RaphGM
6Mes
@PowerWordChill 🤷 Some aspects are more important than others it seems
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PowerWordChill@PowerWordChill
6Mes
@Epi I just realized that BlackRock has rules on how they name their ETFs. According to these rules, it should be called:
"iShares MSCI World Islamic ex Israel UCITS ETF"
Then there would be no misunderstandings 😂
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