64 ms·

opinions vary, but this was the opinion adopted when formulating this index it probably makes it easier to ship in europe where some private banks and pensions

opinions vary, but this was the opinion adopted when formulating this index it probably makes it easier to ship in europe where some private banks and pensions (eg denmark gov) ban defence investment

throwaway2037 4mo ago
> the opinion adopted when formulating this index You raise an excellent point. I did a little bit of Googling and discovered: > S&P Shariah indices ... are overseen by an independent Shariah Supervisory Board consisting of a panel of internationally renowned Islamic scholars. This board is facilitated by Ratings Intelligence Partners, a London and Kuwait-based Islamic finance advisory firm. Ref: https://www.ratingsintelligence.com/ https://www.ratingsintelligence.com/
- KPGv2 4mo ago
  I wonder if these Islamic scholars are scholars or "scholars" Like how major churches in the US are overseen by "Bible college" graduates whose qualifications are basically "charismatic enough to get VC funding and attract loads of the most superficial of Christians searching for Biblical justification for their bad behavior" (Not to suggest that there's a religion that is perfect, but when I sit in on a megachurch service that is transparently justifying child rape by Trump, and advocating that the Bible requires us to support Palestinian genocide, and the pastor went to a two-year Bible school but looks fucking cool like right out of a rock n roll photo spread, it's hard to equate that morally with, say, dorky-ass 70yo episcopalians and the occasional sins of leadership)
  - throwaway2037 4mo ago
    I found the board members here: https://www.ratingsintelligence.com/shariah-supervisory-board.html https://www.ratingsintelligence.com/shariah-supervisory-boar... It looks legit to me.
throwaway2037 4mo ago
> and pensions (eg denmark gov) ban defence investment I Googled about this. Here is what I found: > June 26 (Reuters) - Danish pension fund AkademikerPension has lifted a self-imposed ban on investment in six of Europe's largest arms makers and some smaller groups, it said on Thursday, citing a worsening security situation and the need to boost European defences. In short: Not any more. Ref: https://www.reuters.com/sustainability/society-equity/danish-pension-fund-lifts-ban-investments-european-defence-stocks-2025-06-26/ https://www.reuters.com/sustainability/society-equity/danish...

opinions vary, but this was the opinion adopted when formulating this index it probably makes it easier to ship in europe where some private banks and pensions (eg denmark gov) ban defence investment

throwaway2037 4mo ago

> the opinion adopted when formulating this index You raise an excellent point. I did a little bit of Googling and discovered: > S&P Shariah indices ... are overseen by an independent Shariah Supervisory Board consisting of a panel of internationally renowned Islamic scholars. This board is facilitated by Ratings Intelligence Partners, a London and Kuwait-based Islamic finance advisory firm. Ref: https://www.ratingsintelligence.com/ https://www.ratingsintelligence.com/

KPGv2 4mo ago
I wonder if these Islamic scholars are scholars or "scholars" Like how major churches in the US are overseen by "Bible college" graduates whose qualifications are basically "charismatic enough to get VC funding and attract loads of the most superficial of Christians searching for Biblical justification for their bad behavior" (Not to suggest that there's a religion that is perfect, but when I sit in on a megachurch service that is transparently justifying child rape by Trump, and advocating that the Bible requires us to support Palestinian genocide, and the pastor went to a two-year Bible school but looks fucking cool like right out of a rock n roll photo spread, it's hard to equate that morally with, say, dorky-ass 70yo episcopalians and the occasional sins of leadership)
- throwaway2037 4mo ago
  I found the board members here: https://www.ratingsintelligence.com/shariah-supervisory-board.html https://www.ratingsintelligence.com/shariah-supervisory-boar... It looks legit to me.

throwaway2037 4mo ago

> and pensions (eg denmark gov) ban defence investment I Googled about this. Here is what I found: > June 26 (Reuters) - Danish pension fund AkademikerPension has lifted a self-imposed ban on investment in six of Europe's largest arms makers and some smaller groups, it said on Thursday, citing a worsening security situation and the need to boost European defences. In short: Not any more. Ref: https://www.reuters.com/sustainability/society-equity/danish-pension-fund-lifts-ban-investments-european-defence-stocks-2025-06-26/ https://www.reuters.com/sustainability/society-equity/danish...