Invest in companies that align with your ethical values.

The OneVest Halal Equity Fund goes beyond traditional Shariah compliance by offering an additional layer of ethical screening. As of February 2024, the OneVest Halal Equity Fund refrains from investing in companies involved in occupation or border surveillance, aligning more closely with your values and ethical standards.

Our Commitment:

1. Promoting Peace: We exclude companies involved in the exploitation of occupied territories and the production of weapons used in civilian attacks.

2. Supporting Sustainability: We avoid businesses that contribute to the unjust treatment of indigenous populations.

3. Upholding Human Rights: We prioritize companies that respect the free movement of people and do not participate in discriminatory practices.

Our Process:

We partnered with the American Friends Service Committee (AFSC) to utilize their comprehensive database on ethical business practices. This allows us to screen potential investments against a stricter set of criteria beyond the standard AAOIFI guidelines.

What We Screen For:

We focus on two areas identified by the AFSC that raise ethical concerns:

• Occupation: This includes companies involved in:
  • Settlement industry: Supporting or maintaining illegal settlements in occupied territories.
  • Exploitation of natural resources: Extracting resources from occupied lands in a harmful or unsustainable manner.
  • Wall and checkpoints: Contributing to systems that severely restrict movement within occupied territories.
  • Weapons and military equipment: Providing weapons or equipment used for war crimes or attacks on civilians.
  • Discrimination: Discriminating against indigenous people in occupied territories.

• Borders: This includes companies involved in:
  • Fortification and militarization: Building or maintaining physical barriers, armed presence, or surveillance systems designed to restrict the movement of people from the global South.
  • Exploiting unequal situations: Taking advantage of discriminatory legal situations for commercial gain.

Screening Process

To ensure ongoing adherence to our ethical standards, we follow a strict screening process:

• Universe Selection: Establish The list of companies that comply with the AAOIFI standards. 
• AFSC List Update: Retrieve the latest list of companies flagged by the AFSC for activities related to occupations and borders.
• Merging the Lists: Merge the AFSC list with the initial universe, removing any companies on the AFSC list.

• Investment Selection: Use this combined list to select appropriate investments, ensuring your investments align with our ethical guidelines.

Invest with Confidence:

By choosing the OneVest Halal Equity Fund, you can be confident that your investment aligns with your ethical values and contributes to a more just and peaceful world.

Please contact us today to discuss your investment goals and how the OneVest Halal Equity Fund can help you achieve them.