Is WSHR Halal? WSHR ETF Review
Wealthsimple Shariah World Equity Index ETF
The short answer
WSHR is marketed as a Shariah-compliant ETF by Wealthsimple. It uses dow jones islamic market screens with independent shariah review and provides developed-market shariah equities with quality and low-volatility tilts. It may also appear as WSHR.NE on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
WSHR key facts
- Full name
- Wealthsimple Shariah World Equity Index ETF
- Issuer
- Wealthsimple
- Exchange
- Cboe Canada
- Domicile
- Canada
- Exposure
- Developed-market Shariah equities with quality and low-volatility tilts
- Index / approach
- Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index
- Expense ratio
- 0.50% management fee
- Income treatment
- Quarterly distributions
What WSHR owns
WSHR is a Canadian-listed global equity ETF that combines Shariah compliance with quality and low-volatility factor rules. The factor tilt means it should not be expected to mirror a plain market-cap-weighted world index.
Where it can fit
A one-ticket global equity core for Canadian investors using Canadian brokerages and accounts.
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
Dow Jones Islamic Market screens with independent Shariah review. 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 WSHR
- Canadian listing can fit TFSA, RRSP, and taxable brokerage workflows
- Global developed-market exposure in one fund
- Quality and low-volatility rules provide a deliberate defensive tilt
Risks and trade-offs
- Factor tilts can lag the broad market for long periods
- Foreign withholding tax and account location affect investor outcomes
- It excludes emerging markets and may still have regional concentration
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.
Wealthsimple — WSHR fund pageWSHR frequently asked questions
Is WSHR halal?
WSHR is marketed as a Shariah-compliant ETF by Wealthsimple. It uses dow jones islamic market screens with independent shariah review and provides developed-market shariah equities with quality and low-volatility tilts. It may also appear as WSHR.NE on other exchange lines. Investors should verify the latest issuer documents and seek scholar review for their circumstances.
What does WSHR invest in?
WSHR provides developed-market shariah equities with quality and low-volatility tilts. Its benchmark or approach is Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index.
What is the WSHR expense ratio?
The issuer materials reviewed on July 11, 2026 list 0.50% management fee. Verify the current figure before investing because fees can change.
What role can WSHR play in a halal portfolio?
A one-ticket global equity core for Canadian investors using Canadian brokerages and accounts.