24 Rabi al-Thani 1443

Sheikh…can we invest in Wahed, an online shariah-compliant ethical investing platform backed by ….. ….. In this platform, we invest some money and the people working in Wahed invests our money in different halal stocks and gold ETFs. So, my question is it halal to invest in gold ETFs. Because the exchange is not happening on a hand to hand basis. Please briefly comment.

By Admin
In Islamic Economy
Aug 30th, 2020
0 Comments
724 Views

ANSWER:

I don’t know about this company or their dealings. It is not enough to have celebrities endorsing it without actually knowing their true line of work and monitoring that through a sharia board supervising their day to day activities made of trusted scholars.

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