Just wanted some thoughts on diversifying portfolio. I currently hold a stocks and shares ISA with AJ Bell invested in a HSBC shariah fund. Maxed out ISA for this year. I would like to put some more money away- Is it worth putting it in a Wahed portfolio or am I just paying more to put it in same companies?
Salaams, thats a really good question and something I am interested in finding out as well.
I’m have broadly done following : 60% stocks, 40% ‘bonds’.
60% Stocks: a mixture of Shariah Compliant ETF, and Active Funds - global.
40% ‘bonds’: 20% Property, 10% Gold, 10% Infrastructure
Ideally, the ‘bonds’ needed to have negative correlation to stocks.
My experience so far:
- with recent gold prices sky rocketing, it has been a good negative correlation to stocks.
- both property and infrastructure have followed a similar trend to stocks so I have been disappointed in these.
Walikum as salam,
you may find below videos useful
Building simple portfolio:
if you like the idea then you should be able to mimic a shariah version yourself.
May Allah bless you