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Is Investing In ETF Permissible?
Etf (exchange trade fund) is a commodity that anyone can buy shares of (similar to stocks of a company) and 1 share of an ETF contains portions of high performing stocks, therefore making it a safe long term investment.
My question is, if I own 1 share of an ETF and it is predominantly comprised of shares from tech companies but also contains some portion of shares from (for sake of example) bank of America, considering the fact that Bank of America partakes in usury and I now own an ETF that contains shares of bank of america stock, is this islamically forbidden or am i thinking too deep about something that islam does not particularly care about?
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Is Investing In ETF Permissible?
updated 1 month, 2 weeks ago
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Please see the following response:
Discussion 80330 • Reply 80556
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