Halal Finance

IGDA — Invesco Dow Jones Islamic Global Developed Markets UCITS ETF

Global equity, developed markets (UCITS) from Invesco, ~0.40% MER. What it tracks, who certifies it, what it holds, and how a Canadian actually buys it.

Fund facts

Figures as of July 18, 2026 (fee data July 6, 2026); ~ marks a fee from fund databases, not confirmed on the provider’s page.

Provider
Invesco
Type
Global equity, developed markets (UCITS)
Listing
London Stock Exchange · USD
MER
~0.40%
Inception
2022-01-07
Holdings
1500
Distributions
None (accumulating)

What it tracks & who certifies it

Dow Jones Islamic Market Developed Markets Index (AAOIFI-aligned DJIM screens).

Top holdings

A dated snapshot (as of July 18, 2026); the official fund page always carries the live, complete list.

Sector weights

Information Technology45.5%
Health Care11.4%
Consumer Discretionary10.4%
Industrials9.6%
Communication Services8.1%

How Canadians buy IGDA

UCITS on the LSE, via IBKR; a broad DJIM alternative to ISWD.

0.40% per fund databases, approximate, not confirmed on Invesco's page in this pass. Roughly $1.13B in assets, one of the largest Islamic UCITS funds.

Official fund page — live price & full holdings →

Compare IGDA against every halal ETF (fees on your amount) →

Common questions

Is IGDA Shariah-compliant (halal)?

IGDA is screened as follows: Dow Jones Islamic Market Developed Markets Index (AAOIFI-aligned DJIM screens). Screening standards differ between index families — verify the methodology against the standard you follow before investing.

What does IGDA cost per year?

The management expense ratio is approximately 0.40% per year — about $40 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold IGDA in a TFSA or RRSP?

Yes, where your broker offers London Stock Exchange access (for example Interactive Brokers Canada). UCITS funds lose 15% US withholding inside the Irish fund in every account type, but avoid US estate-tax exposure for large holdings.

Educational information, not investment advice and not a fatwa. Holdings, yields and fees are dated snapshots that change; always confirm on the official fund page and verify the Shariah screening against the standard you follow. Questions or stale numbers? [email protected].