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SP Funds Launches First Sharia REIT ETF

…as Family of Sharia-Compliant ETFs grows. SP Funds S&P Global REIT Sharia ETF (SPRE) provides exposure to the Sharia-compliant Real Estate asset class through REITs which meets Sharia screening requirements, including compliant business activities, lower debt levels, and permissible income within acceptable levels.  SP Funds’ approach is geared towards advisors with clients focused on faith-based investing, and others who are seeking unique, socially responsible and ethical investing solutions.  Lake Mary, FL (December 30, 2020) – SP Funds, home of North America’s largest …

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Shariah compliant asset management in North America

(ISLAMIC FINANCE NEWS: October 7, 2020) As Muslims have become more  affluent, the need for more Islamic products and  services  became apparent. First-generation Muslims in North America were usually not that concerned about retirement accounts or company 401(k) plans. Many of them sacrificed dearly to give their families a better life. They took big risks and …

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