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Question
Hello,
I would like to know if one is allowed to Invest in a Corporate Bond ETF. I know there are many possible issues when it comes to Ribbis. I have had a look at the holdings of the ETF and made sure there were no clear Yidishe Companies. Most of the 50 Holdings were that of Australian Companies such as Airports and Communication Services.
Thank You
Gmar Chasima Toivah
Answer
ב"ה
Shalom
Sorry for the delay.
If the majority of the holdings are under the ownership of non- Jews, there is no issue of "Ribbit", of collecting interest.
גמר טוב וחג שמח
All the best

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