Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Shariah-compliant investing definition

Shariah-compliant investments must meet all the requirements of Shariah law, as well as other principles that have been set down to govern Islamic finance.

For example, Shariah-compliant investment funds can only invest in Shariah-compliant shares, need to appoint a Shariah board, and need to donate prohibited types of income, like interest, to charity. There’s also a big emphasis on contract validity and transparency, to try and ensure there can be no future disputes.

Stocks of companies whose business relates to alcohol, tobacco, and gambling would not be Shariah-compliant. But nor would banks, as they derive income from interest.

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms

Help and support

Get answers about your account or our services.

Get answers

Interested in opening an account with us? Call 0800 195 3100 or send an email to newaccountenquiries.uk@ig.com.

We’re available from 8am to 6pm (UK time), Monday to Friday

Want to check on your application’s progress? Email us at newaccounts.uk@ig.com.