Support Companies that Align with Islamic Religious Beliefs
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)¹ is a global Islamic finance standards-setting body governed by an international panel of highly respected Sharia scholars. Halal investing, also known as Sharia-compliant investing, requires investment decisions to be made in accordance with Islamic principles. While numerous approaches to the integration of these requirements exist, there are three generally agreed-upon principles: investments cannot involve Riba, investments in haram industries are prohibited, and investments based on Gharar are not permissible. This Cause is designed for investors looking to align their portfolios with their Islamic religious beliefs.
Source:
1. AAOIFI
