Does anyone know if it’s ok? Has anyone tried it?
From what it looks like they only invest in 1 fund, HSBC. It has gone by various names in the past HSBC Amannah / HSBC Islamic etc…
That fund is a widely accepted shariah compliant fund that is offered by most pension providers and is not exclusive to penfold.
Thank you for the response.
I checked the stocks in which they have invested via a platform called tumelo and some of the stocks such; a tobacco company, American Airlines, Barclays Bank, are surely not shariah compliant?