# How HSBC’s Sharia fund invested millions in firms linked to Israel’s military

https://mins.news/en/item/106640

- Al Jazeera, 2026-10-19 17:14 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/10/19/how-hsbcs-sharia-fund-invested-millions-in-israeli-war-linked-firms?traffic_source=rss

> HSBC’s Sharia-compliant fund bought more than $130 million in shares of at least five companies linked to Israel’s military supply chain in the first half of 2026, including Palantir. The investments appear to conflict with the fund’s stated rules excluding businesses with significant exposure to weapons-related revenue.

## Related coverage

- [HSBC reviews Palantir holding in $9bn Islamic fund](https://mins.news/en/item/107843) — Financial Times, 2026-10-20
- [Could your halal pension be funding Israel’s military?](https://mins.news/en/item/106919) — Al Jazeera, 2026-10-19
