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@limegreen Problem with it not being actively managed, is that since it doesn’t use any of the 5 methodologies for shariah compliancy, at any time the ETF could be made haram, and you wouldn’t know unless you check yourself.

@drummergirl337 https://www.etf.com/etfanalytics/etf-comparison/SPUS-vs-HLAL HLAL performs better, has a lower expense ratio, but lower number of holdings. Can’t really go wrong with any, but HLAL does have higher returns. I’m not sure if profits and dividends are automatically purified, if...

@simplymeandhe I agree, the Islamic market for ETFs is still growing, but I feel like we’ve reached a barrier in creating an ETF that mimics returns of the S&P 500. Whilst picking individual stocks is never recommended, if you can, I’d personally create a portfolio of around 25-40 stocks and...

@moppu It definitely is worth putting money in it especially if it’s sitting doing nothing. And whilst it hasn’t outperformed or performed as well as the S&P 500, it’s not far off. The S&P 500 since today a year ago, has increased 31.19%. Compare that to HLAL, which has increased 27.45%. Not...