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Global equity · facts verified July 11, 2026

Is HIWS Halal? HIWS ETF Review

HSBC MSCI World Islamic Screened UCITS ETF

The short answer

HIWS 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 developed-market equities. Investors should verify the latest issuer documents and seek scholar review for their circumstances.

HIWS key facts

Full name
HSBC MSCI World Islamic Screened UCITS ETF
Issuer
HSBC Asset Management
Exchange
London Stock Exchange
Domicile
Ireland
Exposure
Islamic-screened developed-market equities
Index / approach
MSCI World Islamic ESG Universal Screened Select Index
Expense ratio
0.25%
Income treatment
Accumulating

What HIWS owns

HIWS is HSBC's accumulating developed-world Islamic equity ETF. Its combination of a low headline fee and ESG-screened benchmark makes it a notable alternative to ISWD and IGDA.

Where it can fit

A low-cost developed-world equity core in a UCITS wrapper.

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 HIWS

  • Low stated fee for a global halal ETF
  • Accumulating income treatment
  • Broad developed-market building block

Risks and trade-offs

  • Emerging markets are excluded
  • The United States may dominate country exposure
  • ESG and Islamic screens together can produce sector and tracking differences

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 range

HIWS frequently asked questions

Is HIWS halal?

HIWS 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 developed-market equities. Investors should verify the latest issuer documents and seek scholar review for their circumstances.

What does HIWS invest in?

HIWS provides islamic-screened developed-market equities. Its benchmark or approach is MSCI World Islamic ESG Universal Screened Select Index.

What is the HIWS expense ratio?

The issuer materials reviewed on July 11, 2026 list 0.25%. Verify the current figure before investing because fees can change.

What role can HIWS play in a halal portfolio?

A low-cost developed-world equity core in a UCITS wrapper.

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Disclaimer: This automates AAOIFI screening but cannot replace scholar review. This profile is educational, not financial, tax, or religious advice. Fund inclusion is not a recommendation; verify current documents with the issuer.