This Shariah-compliant contrarian strategy believes that you should look at the Top 30 Shariah-compliant stocks by market cap, and buy the 10 stocks with the highest dividend yield. These will be stocks that the market has beaten down but that are still paying significant dividends.
You may want to take on a bit more risk and buy only the five (5) Birds that have the lowest stock price. These are called the Small Birds of Bursa 2.
When you consider a Birds of the Bursa 2 strategy, it's a safety strategy, not one that will get you the highest return in a bull market.
Contributor: Azhar Khamaruzaman.
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