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@pattyharden Invest it in a Sharia complaint stock fund and forget about it, until you want to buy a house.

@annache What is your reasoning regarding the banks that would be part of these ETFs?

@annache How do these compare to S&P 500 or other global indexes? And why do you choose them over the others?

@annache Interesting. What sort of companies do those two ETFs invest in mainly? Are they more diverse compared to Sharia compliant ETFs which are tech heavy.

@annache Which etf's would you consider investing in instead?

@snowballsfriend Bro grow a pair and invest in stocks and shares. Otherwise it's a waste having the money in the LISA.

@snowballsfriend There's nothing you can do. If your scared of stocks and shares, it'll have to stay as cash. Any interest, you'll have to give away to charity. Don't put anymore money in.

@iamjezreel Depends if your platform has them. I've got my pension with HSBC as well. If you really wanted the other ETFs check AJBell and open a SIPP.

@iamjezreel Yes.

@ivlyn Stocks and Shares ISA is just a tax wrapper, allowing you to make gains without having to pay tax. Cash ISA's which grow money via interest and not gains in the stock market, are haraam.

@00sweetpea00 From what I read Wahed is quite expensive with fees right? I'm not sure how it compare to AJ Bell and Hargreaves Landsdown.

@princesst1 Brother, I've seen a number of posts where some are wary or ask if the Sharia compliant funds are a safe investment, with many citing the heavy tech % quite worrying, and would like better diversity of stocks. I am happy to show you examples if you wish. When did I say I did not...

@00sweetpea00 Why a LISA account? He won't be able to access the money again until he's 60 or buys a house via a mortgage with the money in the LISA. He should stick with ISA imo.

@hoang25mai Do you also not actively use or buy from these companies in day to day life. And if so, how do you do so?

A video released yesterday by Damian Talks Money. We all know Sharia compliant funds and ETFs are tech heavy, and many of us are worried due to diversification. This video covers that most index funds/ETFs are now tech heavy, and this shouldn't be too worrisome. As in the past most index's...

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