HSBC 'sharia-compliant' fund to exclude arms companies after spending $100m on Israeli military-linked firms

HSBC 'sharia-compliant' fund to exclude arms companies after spending $100m on Israeli military-linked firms Submitted by Imran Mulla on Wed, 11/11/2026 - 10:11 Move comes after MEE revealed HSBC’s Islamic Global Equity Index Fund purchased shares in world’s second-largest arms company A branch of HSBC bank on a street in central London on 27 October 2026 (AFP) Off The UK ’s largest “sharia-compliant” fund is divesti…