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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•@Staatsmann The main reason for the decision for such ETFs is the religious background. In addition, there may be general ethical reasons, such as the desire to avoid the arms industry, drugs (including tobacco and alcohol), conventional financial sector, etc. If you have no restrictions at all, then the decision is rather against. These ETFs are less diversified and have a slightly lower performance than their non-halal counterparts.
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