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Anonymous

11 May 2021

General Investing

Shariah Compliant Investing

I have been searching on how to determine if the stock is shariah compliant but im still pretty confused as how the calculation goes . Does anyone know where in the financial report, balance sheet etc that i could get the sums to do the calculations? I know of Zoya and Islamically app but Zoya's status is not really updated and Islamically is pretty restricted or I would have to pay for their subscription which sucks hahah pls help

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Hi Anon!

To your query - answer, goto idealratings.com they help in details wrt to shariah compliant stocks, globally. Check it out!

Musyaffaq

11 May 2021

Business Studies Graduate at Ngee Ann Poly

Hello, honestly I’ve never tried the calculations part of considering if a company is shariah-compliant or not. And I think for small time investors (which I think you are if not you won’t be here), you can look into shariah-compliant ETFs.

Here are some of it:
SPUS
HLAL
ISWD
ISDW

Kylie Ng Kai Li

11 May 2021

Senior Premier Consultant at AIA Insurance Pte Ltd

Hi Annon,

Interesting topic. I was just talking to a Muslim friend recently on this topic, and aske...

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