HSBC 'sharia-compliant' fund to exclude arms companies after Israeli-linked firms exposed

HSBC 'sharia-compliant' fund to exclude arms companies after Israeli-linked firms exposed 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 divesting from companies which take more than 5 percent of their revenue from weaponry, after Middle East Eye revealed last mo