Overview
Description
The Nh-Amundi Hcn Shariah Vanguard Kr Aktif ETF is an exchange-traded fund designed to provide investors with exposure to shariah-compliant equities. This ETF focuses on companies that adhere to Islamic finance principles, meaning that the businesses must not engage in practices such as charging interest or dealing in prohibited goods and services according to Islamic law. The primary function of this ETF is to cater to the growing demand for investments that align with religious values, particularly from investors seeking ethical compliance based on shariah law.
Notably, the ETF is actively managed to ensure all underlying investments maintain compliance with these regulations, adding an additional layer of trust for investors prioritizing religious and ethical standards. It encompasses various sectors and industries globally, aiming for a balanced diversification that maximizes compliance and performance. Within the financial markets, the Nh-Amundi Hcn Shariah Vanguard Kr Aktif ETF plays a significant role by broadening access to ethical investment options, thereby appealing to a niche but expanding demographic of investors who are increasingly prioritizing ethical and faith-based investment choices.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
South Korea
MIC code
XKRX