RITA ETF: A Shariah Screened REIT For Investors

Summary

  • The ETFB Green SRI REITs ETF (RITA) invests in stocks of companies that follow the values and teachings of Shariah law. While new, the index provides longer history.
  • I will compare RITA to the unrestricted iShares Global REIT ETF (REET) to see how RITA's screening affected return and risk for investors.
  • Research showed there is a second Shariah REIT ETF (SPRE) and I included some comparisons there for interested investors. Both have shown the ability to beat the unrestricted REIT index.
  • Looking for more investing ideas like this one? Get them exclusively at Hoya Capital Income Builder. Learn More »

The holy Quran

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(This article was co-produced with Hoya Capital Real Estate)

Introduction

I was aware there were Shariah screened bond or generic equity funds but not sector specific ones like the ETFB Green SRI REITs ETF (

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This article was written by

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Retired Investor has been investing since the 1980s and has a background in data analysis and pension fund management. He writes articles to help others prepare for retirement by investing in CEFs, ETFs, BDCs, and REITs. He is a long only investor and shares strategies for trading options with a focus on cash-secured-puts.

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