Assalamualikum, just wondering, if anyone can give some name of halal stocks to buy in US market!!!
Also is it ok to buy iShares MSCI World Islamic UCITS ETF? How can I check who are in their Sharia committee?
What about if I buy a particular company’s share by myself which is on the “iShares MSCI World Islamic UCITS ETF “ holdings. As they are monitoring the holdings regularly.Zazak allah
Wa alaykum salaam,
We can’t offer financial advice as to which particular shares you should invest in. That is something you need to do research on and seek professional financial advice.
You can see Shariah compliant stocks on the app called Zoya which is available on Android and Apple.
Allah knows best
Thank you for your response!!!
It’s better for me to abstain from the stock market as its very difficult to know which companies are shariah compliant.
On the FTSE 100 stock list of IFG, I can see royal Dutch shell marked as “Y” But in Zoya app it marked as Non compliant.
I’m confused whom should I trust?
They all use valid different metrics and have valid reasons underpinning their choices.
You may follow whichever screening you wish.