Is Vanguard’s ESG Developed World All Cap Equity Index Fund Halal ?
It follows the ESG principles but I’m not sure if it’s Sharia-Compliant.
Assalaamu alaykum,
If a Fund does not have a Shariah board and a Shariah certification, it is very likely that the Shariah screening of stocks will not be performed. And thus, no sense of surety on the Shariah compliance can be reached.
You may directly email and ask Vanguard if they are Shariah compliant.
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