DubaiA Sharia fund’s third-largest holding works with Israel’s military.
UK Sharia-compliant workplace pension schemes have invested in the fund.
HSBC’s half-year report shows $38,338,000 in Palantir shares, behind Taiwan Semiconductor’s $107.5 million and Intel’s $82.2 million.
HSBC’s next semi-annual report will show whether the holding grows.
How each outlet framed it
- Salaam Gateway leans critical
- frames HSBC's $38M Palantir stake as a Sharia-compliance question, since Palantir deepens ties with the Israeli military
Sources: Salaam Gateway