We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
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
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards