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ISWD.L: Is iShares MSCI World Islamic UCITS ETF Halal?

iShares MSCI World Islamic UCITS ETF

LSEFinancial ServicesIE

-

Compliance Status

Halal

Screened on Aug 24, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is iShares MSCI World Islamic UCITS ETF (ISWD.L) halal? Halal. Based on AAOIFI screening, iShares MSCI World Islamic UCITS ETF passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

Basket rule

Close to the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

4.7% of 5.0% limit

83% of the basket's holdings were screened individually.

About iShares MSCI World Islamic UCITS ETF

iShares MSCI World Islamic UCITS ETF (ISWD.L) is a UCITS exchange-traded fund listed on LSE, ISIN IE00B27YCN58. Its Shariah verdict is computed by looking through the fund's published holdings as of 21/Aug/2026.

Sector: Financial Services · Industry: Exchange Traded Fund

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 24, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
0.2%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Basket look-through: 75.5% halal, 2.5% doubtful, 4.7% haram, 17.3% unknown

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Basket Composition

83% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

75%
17%
Halal75%
Doubtful3%
Not Halal5%
Unknown17%

Compliance History

  1. Halalnow

    since Aug 2026

  2. Not Halal

    until the change above

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: iShares published basket as of 21/Aug/2026Data source: ISHARES-UCITS

Purify Your ISWD.L Dividends

0.9% non-compliant income

ISWD.L has 0.9% prohibited income. Calculate exactly how much of your dividends to donate.

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Frequently Asked Questions

Is iShares MSCI World Islamic UCITS ETF (ISWD.L) halal to invest in?
Based on AAOIFI Standard 21 screening, iShares MSCI World Islamic UCITS ETF (ISWD.L) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did iShares MSCI World Islamic UCITS ETF get a B+ compliance rating?
iShares MSCI World Islamic UCITS ETF's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change iShares MSCI World Islamic UCITS ETF's Shariah verdict?
iShares MSCI World Islamic UCITS ETF's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is iShares MSCI World Islamic UCITS ETF re-screened for Shariah compliance?
iShares MSCI World Islamic UCITS ETF (ISWD.L) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 24, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.