Is HSBC fund halal?

Everyday Islamic Finance Islamic Finance Companies/Products
1

As-salamu alaykum.

@Mufti_Faraz_Adam I have seen that HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund BD is listed under your comparison guide for halal investments.
The thing is that it composes of companies such as Microsoft (1.84% non-compliant; 7.9% questionable), Apple (music industry) or Facebook (the entire portal is just full of haram) (HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund BD GBP, LU2092166128:GBP summary - FT.com). Is it halal to invest in such companies?

Screenshot 2021-03-06 142431
Screenshot 2021-03-06 1424311584×1504 171 KB

Jazakallah
Kordian

2

Wa alaykum salaam,

Which comparison guide are you referring to?

3

Jazakallah for your quick response. The one on Islamic Finance Guru website: Halal Investments - IslamicFinanceGuru . Yes, sorry by ‘your’ I was referring to IFG as a company - I am sorry it could have been misleading.

image
image628×782 51.8 KB

Jazakallah
Kordian

4

sorry to bump this after so long but there was no adequate response to this ? how can we accept this fund to be halal looking at the investments most notably facebook etc

5

It is very intriguing.