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VNQ

Vanguard Real Estate ETF

HARAM
Score: 25/100
etf

Is VNQ Halal?

REIT ETF — most REITs fail Sharia screens due to conventional debt/interest.

What You Should Know

VNQ holds US REITs. Most REITs use significant leverage and interest-based financing. The REIT structure itself involves interest-based borrowing. Most Islamic scholars advise avoidance.

⚠️ Concerns

  • •REIT leverage involves interest (riba)
  • •Conventional debt financing
  • •Some haram property types

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