Srinagar, March 25 -- Shariah-compliant ETFs offer a diversified portfolio of stocks listed on India's major exchanges, such as NSE and BSE. They strictly avoid businesses involving interest (riba), speculation (gharar), and haram products, ensuring investments remain ethical and permissible under Islamic law.
Unlike traditional investments, ETFs can be traded like regular stocks, allowing investors to buy and sell at their convenience. This flexibility helps in managing investments on a weekly or monthly basis, offering greater control over financial decisions.
Investments in these ETFs are securely held in Demat accounts regulated by NSDL and CDSL. This digital system enhances security, simplifies ownership, and ensures ease of access...
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