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roflulz | on: Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
The S&P Shariah index fund is required to exclude SpaceX and already exists https://www.spglobal.com/spdji/en/indices/equity/sp-500-shar...
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gizajob | parent | next
Seems bizarre to have a Shariah-compliant index fund comprising companies that are all levered with huge amounts of debt financing.
riffraff | parent | next
Why? Was space exploration incompatible with Sharia? Is it the pornography bit of xAI?
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brainwad | root | parent | next
Advertising, presumably. But that also excludes, like, all of big tech?
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deaux | parent | next
Looking at their exclusion criteria, which one do you believe it falls under?
decimalenough | parent
Why would a Shariah index fund have to exclude SpaceX?