A $100 million Sharia-compliant pension fund managed by HSBC has been found to be funding Israel’s military, raising concerns about the misuse of Muslim savings and investments. The investigation has led to debates about the ethical implications of using Sharia-compliant funds for political or military purposes and calls for greater scrutiny and oversight of these funds.
NewsFeed
Could your halal pension be funding Israel’s military?
HSBC’s ‘sharia-compliant’ fund invested over $100 million in companies linked to Israel’s military, raising questions about where the savings and investment of Muslims might end up going. Al Jazeera’s Lina-Serene explains.
Published On 19 Oct 2026
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