What does it mean for a firm to be Shariah compliant?
▪️ no income from: alcohol, non-halal food production, gambling, adult entertainment, tobacco, weapons and defence
▪️ restrictions on income from interest
▪️ limitations to leverage ratios
#ES20070#IslamicInvestment
With the final presentation looming, we would like to thank everyone who has helped make PISCAMA what it is and interacted with us during our time on this platform #PISCAMA 📈
#ES20070#IslamicFinance#stocks
With the Final Report looming, the team are busy at work, compiling and analysing the data to reflect on what has been an insightful journey for the group… 📈
#ES20070#Islam#IslamicFinance#Investing
All assets here are Sharia compliant and cover a range of industries within the wider economy.
We hope you are as excited as we are to see how they perform…
#IslamicFinance#ES20070
The team have been working hard and we are excited to announce our assets and their weighting within the portfolio… 📈
AstraZeneca (21%)
Unilever (15%)
GlaxoSmithKline (12%)
Royal Dutch Shell (11%)
BP (10%)
RELX (7%)
Reckitt (7%)
BHP (6%)
Rio Tinto (6%)
Glencore (5%)
#ES20070
We are excited to announce the launch of our investment fund. We aim to deliver a return using a passive strategy from the FTSE 250, investing in Shariah compliant firms. #ES20070#finance#FTSE250#IslamicInvestment