SKUK — iShares $ Sukuk UCITS ETF
Sukuk fixed income, USD (UCITS) from BlackRock (iShares), ~0.50% 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
- BlackRock (iShares)
- Type
- Sukuk fixed income, USD (UCITS)
- Listing
- London Stock Exchange · USD
- MER
- ~0.50%
- Inception
- 2024-01-17
- Holdings
- 219
- Distributions
- Quarterly
- Dist. yield
- 4.72% (distribution yield)
What it tracks & who certifies it
USD investment-grade sukuk index; fund-level Shariah certification.
Top holdings
A dated snapshot (as of July 18, 2026); the official fund page always carries the live, complete list.
- Global Sukuk Ventures QPJSC 4.25%1.39%
- Hazine Mustesarligi Varlik Kiralama AS 8.5091%1.38%
- SA Global Sukuk Ltd 2.694%1.33%
- Hazine Mustesarligi Varlik Kiralama AS 6.5%1.31%
- Hazine Mustesarligi Varlik Kiralama AS 7.25%1.25%
- Hazine Mustesarligi Varlik Kiralama AS 6.75%1.19%
- IsDB Trust Services No. 2 SARL 4.754%1.06%
- IsDB Trust Services No. 2 SARL 4.598%1.03%
How Canadians buy SKUK
UCITS on the LSE, via IBKR; the alternative to SPSK for sukuk exposure.
0.50% per fund databases, not confirmed on a BlackRock page in this pass, treat as approximate. Roughly $720M in assets.
Official fund page — live price & full holdings →
Compare SKUK against every halal ETF (fees on your amount) →
Common questions
Is SKUK Shariah-compliant (halal)?
SKUK is screened as follows: USD investment-grade sukuk index; fund-level Shariah certification. Screening standards differ between index families — verify the methodology against the standard you follow before investing.
What does SKUK cost per year?
The management expense ratio is approximately 0.50% per year — about $50 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold SKUK 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.