Halal Finance

MWIM: Invesco MSCI ACWI Islamic M-Series UCITS ETF

Global equity, developed and emerging markets (UCITS) from Invesco, 0.35% MER, bought in USD on the London Stock Exchange.

Fund facts

Figures as of November 1, 2026; fee confirmed on the provider’s own page.

Provider
Invesco
Type
Global equity, developed and emerging markets (UCITS)
Listing
London Stock Exchange · USD
MER
0.35%

What it tracks & who certifies it

MSCI ACWI Islamic M-Series Index (MSCI Islamic ratios plus an independent Shariah committee).

How Canadians buy MWIM

UCITS on the LSE, via IBKR or another broker with LSE access; accumulating (no distributions); no US estate-tax exposure.

Listed February 10, 2026 (ISIN IE000LFC57H7). TER 0.35% per Invesco's factsheet. About US$124M in assets (Invesco factsheet, undated). The only one-fund all-world (developed plus emerging) Islamic UCITS ETF found.

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

Common questions

Is MWIM Shariah-compliant (halal)?

MWIM is screened as follows: MSCI ACWI Islamic M-Series Index (MSCI Islamic ratios plus an independent Shariah committee). Screening standards differ between index families, so verify the methodology against the standard you follow before investing.

What does MWIM cost per year?

The management expense ratio is 0.35% per year: about $35 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold MWIM 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].