We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Investing £5k - sharia compliant - ideas?

Longfacefish
Posts: 2 Newbie

I have £5k available (after keeping some money aside for emergencies) that I'd like to invest. I am specifically looking for halal/sharia compliant investments.
I used to use Wahed Invest but withdrew after some bad experiences with them, and am looking for an alternative.
I see companies like AJ Bell have Sharia compliant ETFs, would this be a good route to go down? I am looking for long term investment (5 yrs or more) and to regularly top up investments with any returns and extra savings.
What things should I keep an eye out before making a decision?
I used to use Wahed Invest but withdrew after some bad experiences with them, and am looking for an alternative.
I see companies like AJ Bell have Sharia compliant ETFs, would this be a good route to go down? I am looking for long term investment (5 yrs or more) and to regularly top up investments with any returns and extra savings.
What things should I keep an eye out before making a decision?
0
Comments
-
I dont see an option for editing, I wanted to also add whether anyone has used InvestEngine, which seems more cost effective than AJ Bell0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.2K Banking & Borrowing
- 252.8K Reduce Debt & Boost Income
- 453.2K Spending & Discounts
- 243.2K Work, Benefits & Business
- 597.6K Mortgages, Homes & Bills
- 176.5K Life & Family
- 256.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards