🕌 Middle East 1d ago · Bilge Kotan

HSBC ‘sharia‑compliant’ fund spent over $100m on five Israeli military‑linked firms

Middle East Eye
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HSBC ‘sharia‑compliant’ fund spent over $100m on five Israeli military‑linked firms
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HSBC ‘sharia‑compliant’ fund spent over $100m on five Israeli military‑linked firms








The UK’s largest “sharia-compliant” fund has purchased more than $100m worth of shares in companies linked to the Israeli military in the first half of this year, a Middle East Eye analysis can reveal.

This comes after Hyphen reported on Tuesday that the British banking giant HSBC’s Islamic Global Equity Index Fund purchased $38m worth of shares in the controversial Am

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