Investment halal
Hello 👋
It's been two years since I moved to Paris, and I'm now thinking about starting to invest. I've been considering Shariah-compliant ETFs.
However, I'm wondering whether they are truly halal. I see that these ETFs include companies whose main businesses are generally considered halal, such as Microsoft and Google.
My concern is that these companies also take interest-based loans from banks and may invest in interest-bearing financial products. If I invest in an ETF that holds these companies, would my investment still be considered halal, or would I be supporting activities that are not permissible in Islam?
On top of that, some of these companies are also on the boycott list related to Palestine, which makes the decision even more difficult for me.
I'm genuinely confused. Is it possible to invest in an ETF and be completely confident that it is halal, or is there always some level of compromise?
Thank you in advance for your advice.