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What is a Shariah non-compliant business?

Shariah non-compliant businesses refer to activities that do not align with Islamic principles. Here are some examples of such businesses:

  • Conventional Banking and Insurance: These involve interest-based transactions, which are prohibited under Shariah law.
  • Alcohol Production and Sale: Companies engaged in alcohol-related activities are considered non-compliant.
  • Pork and Non-Halal Food: Businesses dealing with pork or non-halal food items fall into this category.
  • Gambling and Gaming: Activities related to gambling are not permissible.
  • Tobacco and Dangerous Drugs: These substances are considered non-halal.
  • Entertainment Contrary to Shariah: Companies involved in adult entertainment or other non-compliant entertainment activities are filtered out.
For more details, please refer to our Shariah Non-Compliant List.

Last Update: 04 October 2024

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