Hey guys, I’m new to investing in stocks and I was looking to open up a TFSA with Wealthsimple and invest in individual stocks and some ETFs. Is this halal?
@crystalplant Even though the ETF's I have mentioned above have lots of similar holdings, the percentage per holding varies though. Do look into them and diversify to reduce risk and most importantly, make sure that your investments are halal
@crystalplant i invest in WSHR automatically via the wealthsimple invest.
Unfortunately, they dont have another ETF or option to automatically invest in other ETFs, you'd have to put money in the app, and buy the etf/stock manually.
@carllundin Some people mentioned that WS doesn't have access to the sukuk ETF SPSK. If this is something you want to invest into, consider other brokerages, like NBDB.