iShares MSCI World Islamic UCITS ETF
SRI Style:
Faith Based
SDR Labelling:
Not eligible to use label
Product:
ETF
Fund Region:
Global
Fund Asset Type:
Passive Equity
Launch Date:
07/12/2007
Last Amended:
Dialshifter (
):
Fund Size:
£526.61m
(as at: 31/01/2025)
ISIN:
IE00B27YCN58
Sustainable, Responsible
&/or ESG Overview:
No response when requested update from manager (March 2024)
Primary fund last amended:
Information directly from fund manager.
Sustainable, Responsible &/or ESG Policy:
Objectives and Investment Policy
The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI World Islamic Index, the Fund’s benchmark index (Index).
The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable, and in a manner consistent with Shari’ah principles, in the equity securities (e.g. shares) that make up the Index.
Shari’ah principles are the rules, precepts and parameters of Islamic law as interpreted by Islamic scholars including, in this instance, by the BlackRock Shari’ah Panel (a panel of Islamic scholars appointed to provide guidance relating to the Fund’s compliance with Shari’ah principles).
The Index measures the performance of large and mid capitalisation stocks across developed markets countries that are eligible investments for Islamic investors. The Index applies stringent screens to exclude certain securities based on Sharia principles in agreement with the Sharia board appointed by the index provider. The Index is weighted by market capitalisation. Market capitalisation is the share price of the company multiplied by the number of shares issued.
The Fund intends to replicate the Index by holding all the equity securities which make up the Index, in similar proportions to it. Theis may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets).
To the extent compliant with Shari’ah principles, the Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and other funds to gain exposure to the relevant equity securities that make up the Index. ADRs and GDRs are investments issued by financial institutions which give exposure to underlying equity securities.
This Fund is determined to be compliant with Shari’ah principles and is targeted at Islamic investors. However, subscription is open to any other investor.
(Source: KIID, as at February 2025)
SDR Labelling:
Not eligible to use label
| Fund Name | SRI Style | SDR Labelling | Product | Region | Asset Type | Launch Date | Last Amended |
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|---|---|---|---|---|---|---|---|---|
iShares MSCI World Islamic UCITS ETF |
Faith Based | Not eligible to use label | ETF | Global | Passive Equity | 07/12/2007 | ||
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Fund Size: £526.61m (as at: 31/01/2025) ISIN: IE00B27YCN58 |
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Sustainable, Responsible &/or ESG OverviewNo response when requested update from manager (March 2024) |
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Information received directly from Fund Manager |
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Please select what you would like to read:
Sustainable, Responsible &/or ESG Policy:Objectives and Investment Policy The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI World Islamic Index, the Fund’s benchmark index (Index). The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable, and in a manner consistent with Shari’ah principles, in the equity securities (e.g. shares) that make up the Index. Shari’ah principles are the rules, precepts and parameters of Islamic law as interpreted by Islamic scholars including, in this instance, by the BlackRock Shari’ah Panel (a panel of Islamic scholars appointed to provide guidance relating to the Fund’s compliance with Shari’ah principles). The Index measures the performance of large and mid capitalisation stocks across developed markets countries that are eligible investments for Islamic investors. The Index applies stringent screens to exclude certain securities based on Sharia principles in agreement with the Sharia board appointed by the index provider. The Index is weighted by market capitalisation. Market capitalisation is the share price of the company multiplied by the number of shares issued. The Fund intends to replicate the Index by holding all the equity securities which make up the Index, in similar proportions to it. Theis may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). To the extent compliant with Shari’ah principles, the Fund may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and other funds to gain exposure to the relevant equity securities that make up the Index. ADRs and GDRs are investments issued by financial institutions which give exposure to underlying equity securities. This Fund is determined to be compliant with Shari’ah principles and is targeted at Islamic investors. However, subscription is open to any other investor. (Source: KIID, as at February 2025) SDR Labelling:Not eligible to use label |
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