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Fa'izah's avatar

Assalaamu'alaikum, is Singtel still shariah compliant as of 31 Jan 2025? Cos according to CIMB securities, it is no longer shariah compliant according to AAOFII standards.

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Gulzhan Musaeva's avatar

Waalaikumussalaam. As of end-Dec, Singtel was still part of the FTSE ST Singapore Shariah Index which I talked about in this post: https://www.halaldividends.com/p/sustainable-halal-dividend-stocks The link to the factsheet right before the table is their latest update. And yes, the Shariah rules applied to this index are different to AAOIFI's.

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