SPWI: Wahed S&P 500 Shariah UCITS ETF
US equity (UCITS) from Wahed Invest (Waystone ETF ICAV), 0.49% 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
- Wahed Invest (Waystone ETF ICAV)
- Type
- US equity (UCITS)
- Listing
- London Stock Exchange · USD
- MER
- 0.49%
What it tracks & who certifies it
S&P 500 Shariah Index, plus Wahed's ethical and human-rights exclusions.
How Canadians buy SPWI
UCITS on the LSE, via IBKR or another broker with LSE access; accumulating (no distributions).
Listed on the LSE January 19, 2026 (ISIN IE000QF8TEK7). TER 0.49% per Waystone, the fund's manager. About US$134M in assets (Waystone, undated).
Compare SPWI against every halal ETF (fees on your amount) →
Common questions
Is SPWI Shariah-compliant (halal)?
SPWI is screened as follows: S&P 500 Shariah Index, plus Wahed's ethical and human-rights exclusions. Screening standards differ between index families, so verify the methodology against the standard you follow before investing.
What does SPWI cost per year?
The management expense ratio is 0.49% per year: about $49 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold SPWI 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.