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The Iman Fund (symbol: IMANX) is an American faith based mutual fund that invests in Shariah compliant companies. The fund's 2000 inception catered to the needs of Muslim investors, who not only want to have a financially rewarding investment, but a Shariah compatible one as well. [1]
The DJIM measure the performance of a global universe of investable equities that have been screened for Shari’ah compliance consistent with Dow Jones Indexes’ methodology. The selection universe for the DJIM family of indexes is the same as the universe for the Dow Jones World Index, a broad-market index that seeks to provide approximately ...
Wahed is an American financial technology and services company based in New York City, New York. [4] [5] In July 2019, the company launched the first exchange-traded fund in the United States that was compliant with Sharia law. [6] [7] [8] Wahed operates in 130 countries and has offices in Washington D.C, New York, London and Dubai. According ...
The fund tracks the performance of the S&P® Emerging Markets Dividend Opportunities index. The fund gives exposure to 100 emerging market stocks that pass stability screens and offer the highest ...
Mutual funds help you build a diverse portfolio and eliminate the need to research stocks and other assets individually. Although they're generally a safer investment than individual assets ...
Money market funds come with very low risk, but there have been instances where funds “broke the buck,” meaning their NAV dropped below $1.00, such as during the 2008 financial crisis.
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