Sharia-compliant funds

Sharia-compliant funds are investment funds that adhere to Islamic law (Sharia). They avoid investing in businesses involved in prohibited activities like alcohol, gambling, or interest (usury). Instead, they focus on companies that comply with ethical standards outlined in Islam, such as sharing profits fairly and avoiding excessive risk. These funds often invest in sectors like technology, healthcare, or infrastructure, ensuring the investments are ethical while aiming for financial growth. They also prohibit earning income from interest, aligning with Islamic principles of social justice and moral responsibility.