HSBC to review Islamic fund’s $38m investment in Palantir

HSBC to review Islamic fund’s $38m investment in Palantir Submitted by MEE staff on Wed, 10/21/2026 - 10:36 The British banking giant HSBC’s Islamic Global Equity Index Fund purchased $38m worth of shares in Palantir in the first half of 2026 An HSBC bank branch in central London on 26 April 2022 (AFP) Off HSBC is to review the investment held by its sharia-compliant Islamic equity fund with the controversial American technology firm Palantir. The Financial Times reports that the move came after UK’s state-backed workplace pension scheme Nest - whose sharia fund is invested in HSBC’s Islamic…