Frequently Asked Questions
Q&A pairs covering Islamic investing, Shariah methodology, regulation, and our process.
Showing 8 of 8 questions.
How is a Sukuk different from a bond?
A Sukuk represents partial ownership in an underlying asset or project, generating returns from real economic activity. A conventional bond is a loan that pays interest, which is prohibited under Shariah.
nonpog → Copy link to this answer What is halal investing?
Halal investing means choosing investments that comply with Islamic law (Shariah). It avoids companies primarily engaged in alcohol, gambling, conventional interest-bearing finance, tobacco, pork, weapons, and adult entertainment.
Copy link to this answer What is AAOIFI?
AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) sets accounting and Shariah screening standards. AAOIFI screens companies by financial ratios — interest-bearing debt, cash holdings, non-permissible income — to determine Shariah compliance.
Copy link to this answer Does InvestHAQ certify funds as halal?
No. InvestHAQ displays the Shariah classification status as represented by each fund manager and their appointed Shariah adviser. We do not independently certify any product. Users should conduct their own due diligence.
Copy link to this answer How often is fund data refreshed on InvestHAQ?
Listed ETF data is refreshed daily. Unlisted retail and wholesale funds are refreshed quarterly. Superannuation funds are refreshed quarterly. Each data block on a fund profile shows a "Last verified" date.
Copy link to this answer How is GST handled in fee comparisons?
All fees on InvestHAQ are presented on a GST-inclusive basis. Where a fund discloses fees ex-GST, we apply a 10% GST adjustment and footnote the conversion. Where no single Total Cost Ratio is disclosed, we show components individually with "Not disclosed" for the headline.
Copy link to this answer What is the difference between retail and wholesale investors?
Under section 761G of the Corporations Act, retail investors receive full consumer protections including PDS requirements. Wholesale (or "sophisticated") investors qualify under s708 — net assets over $2.5M, income over $250k for 2 years, or investing more than $500k in a single offer.
Copy link to this answer Is InvestHAQ regulated by ASIC?
InvestHAQ provides factual information only under ASIC Regulatory Guide 244 — we are not required to hold an AFSL for this. We do not give financial advice, do not transact, and do not republish licensed index values. This is our Stage 1 position.
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