ABSTRACT

Chapter 8 : Islamic ETFs are the best available investment options as they follow the Shari’ah rules and can be an efficient way of gaining profits for the ethical investors without having to disobey their religious rules while trading. The Islamic index is shared in sectors across construction, real estate, oil, gas and telecommunication and the screening process through indexes. Islamic ETFs are a product of the Islamic capital market. Thus, the need to consistently promote capital markets in terms of an alternative for economic growth continues to be a major challenge.