Are you looking for halal dividend stocks and ETFs?
Do you want to invest in companies that pay dividends while being Muslim friendly?
In this article, I’ll show you what makes dividends halal and list the best halal dividend stocks and ETFs for investors who want to diversify their portfolios while investing in halal companies.
If you’re interested in learning more about halal dividend stocks and investment opportunities, then read on.
Are Dividend-Paying Stocks Halal?
Dividend-paying stocks can lie in both halal and haram categories. Specific criteria need to be considered when labelling a stock as a halal dividend stock or halal dividend ETF.
This mainly depends on the company’s business practices, the products they sell, their nature, and how much debt it is under.
If a company has all these criteria meeting the Shariah rulings, it is considered Shariah-compliant. It can therefore be considered a halal option.
Hence, dividend-paying...