2 articles tagged “Satrix”

South Africa gives halal investors two tax wrappers: a tax-free savings account at R46 000 a year and a retirement annuity deductible up to 27.5% of income. Which to fill first depends on your marginal rate and horizon.
One Shariah ETF survives on the JSE: STXSHA, at a 0.40% TER with 17 years of listed history. What the Yasaar screens include, what the fund does not do (no scholar board, no purification reporting), and who should own it.