Dividends are voluntary profit distributions companies make to their shareholders.
They are a great way for Muslims to earn passive income.
Practical Islamic Finance assembled a portfolio of 10 dividend-paying stocks that we are comfortable investing in from a halal perspective.
Characteristics of the PIF Halal Dividends Portfolio are:
The dividend yield, expressed as a percentage, is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
Dividend Yield = Annual dividends per share / Current share price
The current dividend yield of the PIF Halal Dividend Portfolio (as of the last update date of this article) is 3.34%.
The below historical 1-year return (as of the last update date of this article) does not include dividend payouts or reinvestment, it only accounts for capital appreciation.
How to Invest
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Before Investing, Important Disclaimers
Past performance is no guarantee of future results, which may vary.
Investing involves risk, including possible loss of principal.
The aforementioned returns do not reflect trading costs, transaction fees, or taxes.
The information on this page comes from a variety of sources we consider reliable, but we do not represent that the information is accurate or complete.
Nothing on this page is meant to constitute investment advice or recommendation, it is solely presented for informational purposes, and is not an offer to buy or sell any securities.