Shariah-compliant Funds

Shariah-compliant funds are investment funds that adhere to Islamic principles outlined in Shariah law. They avoid investing in industries considered Haram (forbidden), such as alcohol, gambling, pork, and interest-based financial services. Instead, they focus on ethical sectors like manufacturing, technology, and healthcare, and promote social responsibility. These funds are managed according to Shariah guidelines, often overseen by a board of Islamic scholars to ensure compliance. Investors choose Shariah-compliant funds to grow their wealth while aligning with their religious beliefs and ethical values.