Halal ETFs
Halal ETFs provide Muslim investors with a diversified investment approach while applying a defined Sharia screening methodology to the securities held by the fund. They can be useful for investors who want exposure to a broader portfolio rather than selecting individual stocks one at a time.
Fair Meridian's halal ETF resources examine funds such as SPUS and HLAL and discuss the factors investors should consider when comparing Sharia-compliant ETFs. These factors can include screening methodology, holdings, fees, diversification, performance, risk, and purification.
Investors should remember that different Islamic funds can use different methodologies and may not produce identical portfolios. A fund's halal status should therefore be evaluated according to its current methodology and the investor's own Sharia standards.
Fair Meridian provides educational comparisons to help readers conduct better research before selecting an investment product.