Values-based Investing: 3 ESG, Sharia-compliant ETFs To Know
By Syfe  •  May 25, 2022
Many people want to make sure they aren’t investing in companies that go against their beliefs and values. That’s where values-based investing comes in. This growing sector includes Sharia-compliant investments as well as funds screened through environmental, social, and governance (ESG) factors. Want to align your money with your principles? Here are three ETFs to consider. SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) SPUS invests in companies within the S&P 500 index, excluding those that don’t comply with Islamic law i.e. firms involved in alcohol, tobacco, gambling, weapons, pork products, adult entertainment, credit cards, and charging interest. In compliance with Islamic principles, the ETF also screens out companies with a lot of debt. As such, the companies that are included in SPUS may be  more resilient to economic downturns. The top holdings within SPUS include Apple, Microsoft, Alphabet and Tesla. Overall, the ETF has 215 holdings, less than half of a S&P 500 ETF like SPY....
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...

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