Is HIES Halal? HIES ETF Review
HSBC MSCI Emerging Markets Islamic Screened UCITS ETF
The short answer
HIES is marketed as a Shariah-compliant ETF by HSBC Asset Management. It uses msci islamic screens with hsbc independent shariah committee oversight and provides islamic-screened emerging-market equities. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
HIES key facts
- Full name
- HSBC MSCI Emerging Markets Islamic Screened UCITS ETF
- Issuer
- HSBC Asset Management
- Exchange
- London Stock Exchange
- Domicile
- Ireland
- Exposure
- Islamic-screened emerging-market equities
- Index / approach
- MSCI Emerging Markets Islamic ESG Universal Screened Select Index
- Expense ratio
- 0.35%
- Income treatment
- Accumulating
What HIES owns
HIES combines emerging-market exposure with Islamic and ESG screens. It can diversify a developed-market core, but its country composition and volatility can be very different from a world fund.
Where it can fit
An accumulating emerging-market satellite for UCITS portfolios.
A fund's role is more important than its ticker: compare geographic coverage, asset class, concentration, income treatment, tax domicile, and trading access before combining ETFs.
Shariah screening
MSCI Islamic screens with HSBC independent Shariah committee oversight. The fund issuer is responsible for its stated methodology and governance. Compliance can change as holdings, company finances, index rules, and scholarly judgments change.
Why investors consider HIES
- Dedicated emerging-market building block
- Accumulating structure
- Can pair directly with HIWS for broader global coverage
Risks and trade-offs
- Political, currency, governance, and liquidity risks are higher
- Country weights can be concentrated
- Multiple screening layers may increase benchmark tracking difference
Verify the primary source
Fund details can change after our July 11, 2026 review. Confirm the latest prospectus, fee, holdings, distribution policy, Shariah certificate, and exchange line with the issuer.
HSBC Asset Management — Islamic investment rangeHIES frequently asked questions
Is HIES halal?
HIES is marketed as a Shariah-compliant ETF by HSBC Asset Management. It uses msci islamic screens with hsbc independent shariah committee oversight and provides islamic-screened emerging-market equities. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
What does HIES invest in?
HIES provides islamic-screened emerging-market equities. Its benchmark or approach is MSCI Emerging Markets Islamic ESG Universal Screened Select Index.
What is the HIES expense ratio?
The issuer materials reviewed on July 11, 2026 list 0.35%. Verify the current figure before investing because fees can change.
What role can HIES play in a halal portfolio?
An accumulating emerging-market satellite for UCITS portfolios.