Is ISWD Halal? ISWD ETF Review
iShares MSCI World Islamic UCITS ETF
The short answer
ISWD is marketed as a Shariah-compliant ETF by BlackRock iShares. It uses msci islamic business-activity and financial-ratio screens and provides shariah-compliant large- and mid-cap companies across developed markets. It may also appear as ISDW on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
ISWD key facts
- Full name
- iShares MSCI World Islamic UCITS ETF
- Issuer
- BlackRock iShares
- Exchange
- London Stock Exchange
- Domicile
- Ireland
- Exposure
- Shariah-compliant large- and mid-cap companies across developed markets
- Index / approach
- MSCI World Islamic Index
- Expense ratio
- 0.30%
- Income treatment
- Distributing
What ISWD owns
ISWD is a developed-world UCITS equity fund with the United States usually representing the largest country weight. It offers geographic breadth, but 'world' here excludes emerging markets.
Where it can fit
A developed-market global core for investors who want one established UCITS fund.
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 business-activity and financial-ratio screens. 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 ISWD
- Broad developed-market coverage
- Established Irish UCITS structure
- Multiple LSE trading lines support different dealing currencies
Risks and trade-offs
- The US can dominate despite the global label
- Emerging markets are absent
- Currency exposure persists even when a trading line is quoted in pounds
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.
iShares — MSCI World Islamic UCITS ETFISWD frequently asked questions
Is ISWD halal?
ISWD is marketed as a Shariah-compliant ETF by BlackRock iShares. It uses msci islamic business-activity and financial-ratio screens and provides shariah-compliant large- and mid-cap companies across developed markets. It may also appear as ISDW on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
What does ISWD invest in?
ISWD provides shariah-compliant large- and mid-cap companies across developed markets. Its benchmark or approach is MSCI World Islamic Index.
What is the ISWD expense ratio?
The issuer materials reviewed on July 11, 2026 list 0.30%. Verify the current figure before investing because fees can change.
What role can ISWD play in a halal portfolio?
A developed-market global core for investors who want one established UCITS fund.