ETF: Understanding the Shari’ah 40 ETF
Aligning profitability with ethics is a sticky problem. Since businesses don’t seem to get it right, it’s not that surprising that ethical ETF choices are limited. Over the years the local industry has seen some attempts at ethics-driven ETFs. However, Absa’s Shari’ah-compliant Top 40 (share code: NFSH40) product has been the only one that has ...