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4 Steps to Getting Your First Investment in a Shariah Compliant ETF with Less than S$100

Exchange Traded Funds (ETFs) are basically a basket of stocks that are passively managed to track an index and listed on the exchange (such as the Singapore stock Exchange). Some of the advantages include low management fee (0.5% and above) and broad diversification, allowing you to invest in many stocks without burning a hole in your wallet.

Having said that, there are a couple of ETFs that are shariah compliant for Muslims to invest in for as low as S$50 per unit and that is what this guides hope to help you get.

But before that, do join our telegram group for the latest update!

First and foremost, we will be using the Tiger Broker App due to the quickness and simplicity. If you are ready to invest, then let's start:

Use tiger Broker Link
Use tiger Broker Link

1. Download the app on your device with the link in the button:

Step 2: Account Opening, Country info