The conversation between The Finance Ghost and Yusuf Wadee, Head of Exchange Traded Products at Satrix, provided valuable insights into Shariah-compliant investing and its growing relevance in today's market.

Starting with the fundamentals of Islamic finance, Yusuf Wadee explained how approximately 90% of conventional investment products do not meet Shariah requirements, highlighting the need for specialised investment solutions. The discussion centred on Satrix's new MSCI World Islamic Feeder ETF, which offers investors access to Shariah-compliant global equities at competitive fees. Unlike traditional ESG frameworks, Shariah compliance follows strict, well-established principles that exclude companies involved in prohibited activities such as alcohol, tobacco, gambling, and conventional financial services. The screening process also filters out companies with excessive leverage or interest exposure.

Click here to listen.

Disclosure
Satrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision. Satrix Managers (RF) (Pty) Ltd (Satrix) a registered and approved Manager in Collective Investment Schemes in Securities.

While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSPs, their shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaim all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.