Halal Finance

ISWD — iShares MSCI World Islamic UCITS ETF

Global equity, developed markets (UCITS) from BlackRock (iShares), 0.30% 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); fee confirmed on the provider’s own page.

Provider
BlackRock (iShares)
Type
Global equity, developed markets (UCITS)
Listing
London Stock Exchange (USD line ISWD; also ISDW GBP line and EUR listings) · USD
MER
0.30%
Inception
2007-12-07
Holdings
390
Distributions
Semi-annual
Dist. yield
0.99% (12-month trailing)

What it tracks & who certifies it

MSCI World Islamic Index. MSCI Islamic Index Series methodology.

Top holdings

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

Sector weights

Technology40.3%
Industrials13.2%
Energy10.5%
Health Care10.2%

How Canadians buy ISWD

UCITS on the LSE, via IBKR or brokers with LSE access; semi-annual distributions.

TER 0.30% (ISIN IE00B27YCN58), roughly EUR 1.27B, the largest Islamic UCITS equity fund. Watch the share classes: the DE-listed legacy class still charges 0.60%.

Official fund page — live price & full holdings →

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

Common questions

Is ISWD Shariah-compliant (halal)?

ISWD is screened as follows: MSCI World Islamic Index. MSCI Islamic Index Series methodology. Screening standards differ between index families — verify the methodology against the standard you follow before investing.

What does ISWD cost per year?

The management expense ratio is 0.30% per year — about $30 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold ISWD 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].