Sharia compliant ETFs

When considering Shariah-compliant ETFs in both Australia and the US, it’s important to look for funds that adhere to Islamic investment principles, which generally exclude companies involved in alcohol, gambling, pork-related products, conventional financial services, and other sectors considered non-compliant.

In Australia, one notable option is the SPDR S&P/ASX 200 Islamic ETF (ASX:ISLM), which tracks the performance of the S&P/ASX 200 Shariah Index. This ETF includes companies from the ASX 200 that are compliant with Shariah investment principles, providing a good mix of sectors that adhere to these guidelines.

In the US, a popular choice is the Wahed FTSE USA Shariah ETF (NASDAQ:HLAL). This ETF tracks the FTSE USA Shariah Index, which includes US companies that are compliant with Shariah law. It’s designed to offer exposure to a broad range of sectors in the US market, excluding those that do not meet Islamic investment criteria.

For Pearler users, these options could be a great addition to a diversified portfolio, especially if you’re looking to balance your investments across different markets and ensure they align with Shariah principles. Pearler’s focus on long-term investing and wealth building aligns well with the typically conservative and ethical investment approach of Shariah-compliant funds.

You can find out more about ETFs with filters here: https://pearler.com/explore/learn/blog/what-i...

Disclaimer

I am not a financial advisor. The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing involves risks, and past performance is not indicative of future results. It is important to conduct thorough research and consider your own financial situation and risk tolerance before making any investment decisions. It is always recommended to consult with a qualified financial advisor or p

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Hi! A great place to start your search here and start to familiarise yourself with how they each screen, their fees and their size. Let us know what you find!

https://pearler.com/explore/invest/shares?so=...