How can I find out more about the fees associated with specific investment products on the baraka platform?
Are there any penalties for closing my baraka account or transferring my funds to another investment platform?
baraka provides access to traditional securities and does not intend to engage a Sharia advisor or obtain a fatwa regarding Sharia screened securities listed on the app. baraka does not have an Islamic Window endorsement from the DFSA.
Kindly be aware that Sharia screened stocks may involve additional risks and costs. There can be no assurance as to the Sharia Compliance of the securities listed by baraka Financial Limited. Please also note that views on Sharia Compliance may also differ.
If you do not understand such risks or costs or are unsure whether the securities offered by baraka Financial Limited are in compliance with the principles of Sharia, you should consult a Sharia advisor.